Price Undisclosed

12 Bed  •  12 Bath  •  0 Car  •  3482m²

Main view of Homely house listing, 81 Hill Road, Dampier WA 6713
Second view of Homely house listing, 81 Hill Road, Dampier WA 6713
Third view of Homely house listing, 81 Hill Road, Dampier WA 6713
+19

Sold

81 Hill Road, Dampier WA 6713

Copy address

Price Undisclosed

  • 12
  • 12
  • 0
  • 3482m²

House Sold on Tue 18 Sep, 2018

What's around Hill Road

House description

“Cash Cow ... Refurbish and Reap Rewards! - Under Contract by Rachel Ross Senior”

A whole block of 12 units (4 x 3 bedroom ground floor units with courtyards and 8 x 2 bedroom units) all with ocean glimpses on a 3482 m2 block!! for sale.

In our opinion and depending on the renovation a potential rent return for ground floor units could be approx $300 to $330 pw, middle floor approx $280 pw and top floor $280 pw thats a potential rent of $3360 pw for the whole block if fully occupied.

This block is the 2nd tidiest block in our opinion and has carports and storage for each unit and room for a boat etc. There is also some extra room behind the carports for more parking. 2 of the ground floor units have covered patios.Its fair to say that there is work required on the flats to bring them up to their past grandeur, however the rewards for you could be immeasurable with the recent recovery in the Pilbara real estate rental and sales enquiries.

All four lots are wholly owned and separately strata-titled and could be individually refurbished and re positioned to on-sell or lease,catering for the demand for higher grade accommodation in the region.Units are all a good size being between 88 and 105 m2 of living in each and 7 of the units have had some renovation over the years, one unit is mould affected.

Opportunities include:- Refurbish & re positioning to on-sell.- Redevelop, realising the additional development potential of each site.- Upgrade and lease, catering for local demand for higher grade accommodation.-

.* email for a list of approx standard of units (at least 8 of the units has had some sort of upgrade since original)* interior pictures are only to give you a guide they may be from any of the 4 blocks for sale*Covered shoes are a requirement for inspection

Disclaimer: L J Hooker Karratha takes every effort for accurate property details, buyers must rely on their own investigations. it cannot be guaranteed. Measurements quoted are approximations and are not guaranteed with the approved floor plan. Reference to a location or feature does not guarantee that feature. Prospective buyers should make their own enquiries as to the accuracy on this information in making their purchasing decision. Further enquiries are welcome.

Land details

Area: 3482m²
Fourth view of Homely house listing, 81 Hill Road, Dampier WA 6713View more
Fifth view of Homely house listing, 81 Hill Road, Dampier WA 6713View more

Contact the real estate agent

This property has been sold
But you can still contact the agent
81 Hill Road, Dampier WA 6713
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around Dampier, WA

Top reviews by locals of Dampier, WA 6713

Discover what it's like to live in Dampier before you inspect or move.

Discussions in Dampier, WA

Wondering what the latest hot topics are in Dampier, Western Australia?

Similar Houses for sale in Dampier, WA 6713

Properties for sale in nearby suburbs

Report Listing