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4/166 De Witt Road, Stove Hill$375,000
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4/166 De Witt Road

Stove Hill, WA 6714, Australia
$375,000
1 bed 1 bath 1 car73 m²

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About this property

Positioned in one of WA's most dynamic resource hubs, this well-presented one-bedroom apartment offers an exceptional opportunity for investors seeking strong returns and long-term security. With a solid rental income and quality corporate tenants already in place, this is a true set-and-forget investment. Currently returning an impressive $1,375 per week, and with an asking price of $375,000, the property delivers a compelling approx. 9.5% net yield, a rare find in today's market. Leased to OSA helicopter pilots and engineers, the apartment benefits from reliable, long-term occupants, with lease agreements secured through to June 2028, providing peace of mind and consistent cash flow. Property Features: Long-term corporate tenancy in place Secure lease through to June 2029 Recently refreshed with minor upgrades completed Professionally managed with onsite management Low-maintenance, investor-friendly asset Investment Highlights: Strong rental return of $1,375 per week High net yield of approximately 9.9% Backed by major industry drivers including Woodside, Chevron & Santos Located in a high-demand rental market Whether you're expanding your portfolio or entering the investment market, this is a standout opportunity to secure a high-performing asset in a tightly held location. Opportunities like this in Karratha are rare and highly sought-after, call Grace Reidy today on 0450 197 316 to avoid missing out.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
73 m²
Listed
1 month ago

Repayment calculator

$1,818/month
$909 /fortnight
Loan $300,000 at 6.10% over 30 years

Upfront costs

Deposit$75,000
Stamp duty$11,828
Conveyancing (est.)$2,000
Total upfront$88,828
Verify with WA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Stove Hill

This 1-bedroom apartment in Stove Hill, WA 6714 sits within reach of local shops local amenities. It is listed 41% below the $632,000 median of 63 comparable apartmentswithin 5 km.

What's nearby

  • Kmart1.9 km away
  • City Park1.8 km away
  • Walgu Park1.8 km away

Stove Hill at a glance

Full suburb profile
Population
6
Median age
52
Household income
$2,250/wk

Source: ABS Census.

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