32 Somerset Cres, South Hedland WA 6722

cooktown rental return til 2027 | aging 1980 build may carry maintenance | slightly above median might cap growth | 6 car spaces rare in suburb This property carries real income certainty but a dated risk profile. The lease til 2027 at 810 a week locks cashflow but the 1980 build needs fundng for roof or plumbing renewals within five years, which can cost 15k to 30k unplanned. The 680sqm lot and 6 car spaces offer dual living or workshop potential if you subdivide later but zoning rules need checking. Its acceptable as a passive buy for yield if you budget for capital repairs annually. The heavy rental demand in South Hedland and the rare oversized parking mean you secure a tenant pool others miss—tradies, FIFO workers or families needing space. The open plan layout with modern kitchen helps rentability but the 3 bed 1 bath ratio limits resell appeal to first home buyers or investors only. This works best for a buyer seeking stable cash flow not aggressive growth, who can hold ten years and treat the land as the long term play. To progress arrange a building inspection focused on the roof structure and electricals before you exchange.