Real Estate Industry Partners

47 Falcon Parade, Nickol WA 6714

Photo - 47 Falcon Parade, Nickol WA 6714 - Image 1
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 2
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 3
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 4
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 5
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 6
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 7
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 8
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 9
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 10
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 11
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 12
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 13
Photo - 47 Falcon Parade, Nickol WA 6714 - Image 14
Floorplan

47 Falcon Parade, Nickol WA 6714

Contact an agent

Buyers Guide From Early $900,000's

Bedrooms
4 beds
Bathrooms
2 baths
Parking
2 parking

Strong Investment Opportunity

**Open By Appointment**

An exceptional opportunity for residential property investors seeking strong income and an attractive rental return in one of Western Australia's major regional economic centres.

Located in Nickol West, within the Karratha region of the Pilbara, the property benefits from a long term lease through an A Class local corporate tenant. With Karratha's prosperous and diverse economy, supported by major industries including resources and mining, energy, construction, logistics and associated service sectors, this is a great opportunity for solid returns for an investor. This strong economic base continues to underpin demand for quality residential accommodation, particularly from corporate and professional tenants.

The property is a well-appointed four-bedroom, two-bathroom home with approximately 156 sqm of living area - 220 sqm under main roof, a double carport and positioned on a generous 590 sqm block. It is conveniently located a short distance from Karratha town and a wide range of shopping, dining, employment and essential amenities.

Strong Investment Fundamentals
The property is currently leased to a long-term A-Class corporate tenant, providing an attractive combination of quality tenancy and strong rental income.
• Current rent: $1,750 per week
• Annual rental income: $91,000
• Lease: Current lease in place with an established corporate tenant
• Indicative gross rental return: Approximately 9.8%–10.35%

A gross return at this level is well above traditional metropolitan residential property averages, making the opportunity particularly appealing to investors seeking strong cash flow alongside exposure to an established regional property market.

With a substantial rental income, established corporate tenancy, practical four-bedroom accommodation and proximity to Karratha's major employment and amenity precincts, this property presents a compelling income-focused residential investment opportunity.

Property Details

  • Type: House
  • Bedrooms: 4
  • Bathrooms: 2
  • Ensuites: 1
  • Toilets: 2
  • Carport Spaces: 2
  • Building Area: 156 m² (approx)
  • Land Area: 590 m² (approx)
REMAX Extreme

REMAX Extreme

6/74 Delamere Avenue, Currambine WA 6028

9400 6300

View profile

BRETT WHITE

Call Brett White on
0400 952 788

CRISTINA BOTHA

Call Cristina Botha on
0452 524 348

Contact an agent Email a friend

Save this search

and listing alerts will be sent to your email address