52 Greene Place, South Hedland WA 6722

Renovated 3×1 on 963m² | dual-access block | air-conditioned sea container | high-yield lease in place | South Hedland The buying case for 52 Greene Place rests on its unusually versatile configuration: a fully renovated three-bedroom house on a generous 963-square-metre block with front and rear vehicle access, plus an insulated, air-conditioned sea container that functions as a workshop or extra storage. This combination of improved living spaces and hard-wearing outdoor utility is rare in this price tier. The property is currently tenanted at a strong weekly rate, making it suited to an investor seeking immediate yield and land value growth, while the large block and access points also appeal to owner-occupiers with trades or recreational vehicles. The renovation has been carried through to modern standards, reducing immediate capital expenditure. The primary risk is the periodic lease arrangement; the tenant’s willingness to stay or vacate is not guaranteed, and the rent increase to $850 per week from July 2026 may require renegotiation. The single bathroom is a constraint for some family buyers, though typical for this age of home. The opportunity lies in the site’s dual frontage to Reynolds Place, which could support future subdivision potential subject to council approval, or simply provide exceptional parking and yard flexibility. The property is priced in line with local medians, but the block size and improvements give it below-replacement-cost value for a buyer who can tolerate the lease uncertainty.