15/2 Mckay Street, Port Hedland WA 6721

1-bedroom apartment | 42m² internal | panoramic ocean views | Port Hedland council overlays | leased at $800/week The property’s competitive strength lies in its rare combination of compact, modern design and unobstructed ocean views within a high-demand rental market. The 42m² floor plan is efficient for single occupancy or investor yield, while the 2014 build and secure parking reduce maintenance risk. This unit serves best as a low-management income property for remote investors seeking exposure to Port Hedland’s resource-driven rental demand, or as a lock-and-leave coastal retreat for a professional. The primary risk is the property’s small size and heritage and flood overlays, which may limit future capital growth and buyer pool depth. The $435,000 list price sits below the suburb’s unit median, offering a value entry point, but the 74m² lot and strata title restrict redevelopment. The $800/week lease provides a strong 9.6% gross yield, offsetting holding costs. Hold for rental income and potential moderate appreciation tied to local economic cycles; avoid expecting significant capital gains without a broader market shift.