5 Mccourt Way, Wickham WA 6720

3×1 house on 697m² | built 1976 | secured lease to 2027 | bushfire overlay present | high yield profile This property offers a rare combination of secure income and substantial land in a resources-sector town. The 105m² house sits on a generous 697m² lot, providing outdoor entertaining, covered parking, and a grass yard that older Pilbara stock typically lacks. The existing lease at $700 per week until February 2027 gives immediate cash flow certainty, while the bushfire overlay and 1976 build are standard for the area. This suits an investor seeking strong gross yield from a well-located, low-maintenance house with a long-term tenant already in place. The price guide sits well above the 2023 sale price of $247,000, and the property’s age and modest finishes may limit capital growth compared to newer stock. The bushfire overlay could affect insurance costs and future development potential, though it is common in Wickham. The single bathroom and one car space may narrow appeal for families, but the high rental yield and existing lease offset these constraints. Any buyer should weigh the current income against the older building’s maintenance needs and the overlay’s implications for resale.