5-7 Hardie Street,
Port Hedland, WA 6721

In the heart of Port Hedland this prime 1419m2 development site offers street frontage onto Anderson Street, Hardie Street and Kingsmill Streets as well as a solid holding income and a location 150 metres from the beach.

Zoning is Mixed Business and The Town of Port Hedland council have recently supported planning scheme amendment no. 43 (seven votes for, none against) which will result in short stay accommodation being a permissible use on the site. To view the scheme amendment, paste the following link into your browser and refer to pages 59 to 66 of the 8

July 2011 meeting minutes: http://www.porthedland.wa.gov.au/council/minutes/2011Minutes/folder.2011-07-14.9174171461/

Site features:

- Prime 1419m2 development site
- Three street frontages, mixed business zoning
- Solid holding income from two existing leased houses
- Current scheme amendment will allow short stay accommodation
- Located only 150 metres from the beach
- Super high demand for short stay accommodation
- Short stay vacancy rates between 0 and 2%
- Be quick to secure this rare development site.

Existing redevelopment plans have already been approved for 4 x commercial office premises and a substantial six bedroom residence. Once the scheme amendment no. 43 is adopted, the development potential of the site is increased substantially along with potential profits.

The site currently offers a holding income of approximately $125,000 per annum.
Located only 150 metres from the beach, this site is a prime land purchase in the resource rich Pilbara. Short stay accommodation demand is extremely high from business in the region with current providers indicating vacancy rates of between 0 and 2%.

You need to be quick to secure this rare Port Hedland development opportunity. The scheme amendment will increase the value of this site substantially. For further information call Crawford Realty today:

Commercial specialist - Eliza Mearns - commercial@crawfordrealty.com.au on 0416 048 929 or
Residential Specialist - Morgan Crawford - morgan@crawfordrealty.com.au, 0408930768