PPG - 57 July 28 2012 by Pilbara Echo Newspaper

ISSUE 57 July 28 2012

propertyguide .com.au REAL ESTATE • NEW HOMES • LAND • INDUSTRIAL

Pilbara lifestyle at it’s best See page 10

AVAILABLE ACROSS THE ENTIRE REGION: PORT HEDLAND • KARRATHA SOUTH HEDLAND • WEDGEFIELD • DAMPIER • TOM PRICE • NEWMAN AND ONLINE EVERY WEEKEND AT www.pilbarapropertyguide.com.au

Real experience in Real Estate Property Management

Real Aussie Assets offer extensive experience and knowledge when leasing, renting, selling or purchasing property assets.

Free Market Appraisals

We have experience in tenants’ and owners’ rights and responsibilities, and offer professional consultation services.

Property Sales

Our focus on keeping clients abreast of up-to-date and relevant information and requirements assures best possible outcomes for all parties involved.

Investment Choices

Shop 18 Centro Karratha, Welcome Road Karratha WA 6714

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Now Servicing clients in: PORT HEDLAND • KARRATHA

Call Gaye on 0419 906 288

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PROPERTIES AVAILABLE Roebourne Commercial shed Available for Lease and Sale

propertyguide.com.au Published by: Pilbara Echo Shop 2 / 18 Hedland Place Karratha WA 6714 Local: 08 9185 5570 National:1300 655 720

2 JULY 28 2012

Karratha commercials continue to climb Market Update By Hayden Crawford The current light industrial area (LIA) of Karratha is home to a multitude of small to medium-sized enterprises servicing the resource sector and local economy.

Agency Bookings Hogan Media: 08 9381 3991 parada@hoganmedia.com.au

pilbarapropertyguide.com.au

It has operated in this way for many years with its ebbs and flows dictated by the resource sector’s economic performance.

Crawford Realty Karratha has observed the changing face of investment driven by returns and the growth of businesses at large.

demand that should be experienced in Karratha, as Gap Ridge Estate is further developed.

As a professional agent, we are heavily involved in advising clients on the best use of their land; we are noting an increase in density and profile of development change.

Our clients have expressed interest in larger holdings with more modern purposebuilt facilities that cater for anticipated growth and enhance their commercial profile.

This changing landscape and attitude reflects the maturity of the Karratha commercial and industrial property market.

Exposure and self-marketing has also become a valuable part of the new commercial business development. This shift in market profile will be more evident as Gap Ridge Estate delivers developments and commercial premises reflective of the businesses and their brands taking up the land for specific purpose-built facilities.

The long prevailing stereotype of a small shed of 200m2 office warehouse and 3000m2 of laydown is changing.

Sale Representatives Melissa Jonsson: 0450 592 584 ads@pilbaraecho.com.au

The past seven years’ growth has been assisted by the emergence of more companies looking to provide industry with downstream services supported by national networks.

Breda Ryan: 08 9185 5570 breda@pilbaraecho.com.au

This growth has resulted in an increased demand and diminished vacancy rates across the whole spectrum of commercial premises.

The Wedgefield LandCorp industrial land release in Port Hedland last year is of similar lot sizes to those at Gap Ridge (approximately 2000m2 to 1 hectare).

Dee Fitzpatrick: 08 9185 5570 dee@pilbaraecho.com.au

Land values in the current LIA have increased dramatically over the past few years.

The adjoining transport hub in Wedgefield, which caters for larger operations, reflects the diversity in market

New developments currently proposed have a more extensive warehouse area with either single- or two-storey commercial offices and staff or customer facilities.

This will create development opportunities in the Karratha LIA to cater for those businesses requiring modern commercial facilities, offices and warehousing. If you have questions about property in the Pilbara, please contact Hayden Crawford at Crawford Realty for further details on 0488 070 067 or hayden@crawfordrealty. com.au

Editorial Alan Richardson news@pilbaraecho.com.au Graphics Westy Sabrina Hansen Susanne Braithwaite Photography: Courtney Bertling

13,881 This publication has been independently audited by the Circulations Audit Board. Audit Period: 01/04/2011 - 30/09/2011

❚ Land values in Karratha’s light industrial area (LIA) have increased dramatically over the past few years.

To be part of this publication contact one of your local sales reps.

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JULY 28 2012 3

pilbarapropertyguide.com.au

Thanks to the resources boom South Hedland finds itself in sixth place in this year’s Your Investment Property Top 100 Suburb report released this week. This is the result of a consistently strong property demand and the resources boom. South Hedland was established in the 1970s when Port Hedland became too large and needed to expand. The town now has a population of around 9000 people, with 29 years being the median age of residents. The town services the iron ore and salt processing industries in the area and is mainly residential. South Hedland is currently undergoing a revamp with the help of the Royalties for Regions scheme. The town is being redeveloped to allow for the expected expansion in population and new commercial and retail space will also be provided. The median house price in South Hedland in April 2012 was $784,500 and the median unit price was $627,500. The 12-month growth in South Hedland for a house was 13.37%, with a 10.09% growth in the year for a unit. The gross rental yield for both units and houses is above 10%, with houses renting for a median rent of $1600 and units for $1300. Your Investment Property editor Nila Sweeney said the Western Australian market was showing signs of a remarkable comeback. “Buyers can now get great deals on properties that will achieve very strong growth in the future, and it’s thanks to the resources boom,” she said.

❚ South Hedland, satellite city of Port hedland, is undergoing a major revitalisation

Revitalising South Hedland Our beautiful, north-west coast is home not only to Port Hedland but also to the satellite city of South Hedland, originally built capable of housing 40,000 residents. More than 40 years later, the Department of Housing introduced the South Hedland New Living Initiative, a seven-year improvement plan for the city. The three key areas of focus for this project are social, economic and environmental. Designed with sustainability at its centre, the project will ensure the community continues to thrive and prosper. By improving the quality of the area, refurbishing homes and the creation of new residential lots, the high demand for housing continues to rise South Hedland. This is accompanied by impressive parklands and streetscapes, creating main-entry statements and support for a wide range of community initiatives encompassing youth, sport, health,

the environment and more. With sport a major focus of the area, and a population forecasted to increase 2.5 times in size over the next 23 years, the town of Port Hedland anticipated the need for a fabulous new sport and recreation facility, which caters to people of all ages and sports of all types. It is within walking distance of the Pilbara Institute and Hedland Senior High School and within driving distance of the redeveloped South Hedland Town Centre. Median price Quarterly growth 12-month growth 3-year growth 5-year growth Average annual growth Weekly median advertised rent Number of sales Gross rental yield Days on market Vendor discount/premium above asking price Average hold period (years)

The recreation centre boasts basketball and netball facilities, gym and fitness rooms, squash courts, kiosk facilities, crèche, club change rooms and an upper level function area with views to the indoor stadium and the adjacent Kevin Scott Oval. The centre is on 4500m2 and also has three associated outdoor courts, landscaped parks and external spaces. The name of the new recreation centre will be announced at the civic opening ceremony on Sunday, July 29. HOUSE $784,500 3.84 % 13.37 % 53.67 % 132.44 % 20.84 % 1600 178 10.61 % 101.43 -3.75 % 4.86

UNIT $627,500 0.40 % 10.09 % 51.20 % 176.43 % 26.29 % 1300 36 10.77 % 92.25 -1.55 % 4.7

❚ Data as sourced from Your Investment Property

Proven Results • Property Management • Sales • Commercial / Industrial Sales & Leasing • Retail Leasing • Project Marketing

Ph 08 9159 7777

www.pilbararealestate.net.au 1 & 2 / 8 Sharpe Ave, Karratha

4 JULY 28 2012

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A loan by any name By Tracey Evans We all have a different assortment of needs when we wish to buy a home, and this is reflected in the many types of loans available to us. Loans are often given enticing names and some very clever marketing folk expect these names to evoke an image of a stress-free experience, full of the joys and none of the pitfalls. They use words like lite, value, classic, advantage, tailored and premium, which only reminds me I need petrol. Putting aside all of the marketing ploy, what you really need to know about a loan is that the lower the interest rate, the faster it can be repaid. A fi xed rate loan sets the interest rate for a predetermined amount of time, it could be between one to fifteen years, and the benefi t of this is that you will know exactly what your repayments are going to be, and can budget accordingly. After this time has elapsed

Top tips

you can choose to stay with a fixed rate loan or move to a variable rate. If you get a variable rate loan and the interest rate falls it is a great opportunity to pay the loan off faster, as you can keep making repayments based on the earlier higher rate. Remember, however, that if the loan rate rises then so will your repayment amount, so put a contingency for this in your budget, from the outset. Make sure you won’t be penalised if you repay the loan early, and this includes repayment by selling the property before you have paid off the loan. If you wish to do some home renovations or invest elsewhere, then an equity line of credit can help you do this. You borrow against the equity in your home, using your home as collateral. This type of loan takes discipline, as you may end up repaying interest and never paying off the loan. Some mortgages include very high additional fees but may come with the advantage of credit cards and transaction accounts, as with packaged home loans.

s to me top tip so re a re e H taking out a re fo e b r e d consi loan: of 1. Get a copy

ference

your credit re

s want to see , save! Lender 2. Save, save your saving history evidence of ore cards and number of st 3. Reduce the you hold credit cards are upts and credits un co ac l al re 4. Ensu to-date on a home 20% deposit a ve sa to im 5. A loan

For people without a home deposit saved, a no deposit home loan will let you buy a property sooner, but you will pay more interest and you will need a good income and a decent credit history. A non-conforming loan, which is generally for people who don’t fit into the banks’ lending criteria, is another loan option. It may be suitable for self-employed workers, those close to retirement, people with a bad credit history, seasonal or casual workers or new migrants. A loan of this type will help you build, or re-build, your credit history.

Increasing Energy Prices Getting You Down? 0427 938 189

www.ledlightingsuppliers.com.au

❚ South Hedland is showing very strong activity and surging property values and weekly rents

‘Pressure cooker’ market in the Pilbara Median price of a home in the Pilbara jumps by $50,000 during June 2012 quarter. The largest real estate group in the

selling price of a home is $700,000, and delivering

Pilbara has reported record property

weekly rents of between $1,800 and $2,000.

sales for the June 2012 quarter. During the June 2012 quarter, Crawford Realty,

“As an example, of this ‘pressure cooker’ market, a property in South Hedland sold on the first day Crawford Realty listed it for sale.

which has offices in South Hedland, Port

“Property values and weekly rents in Port

Hedland, Karratha and Newman, sold

Hedland and South Hedland are surging because

75 properties with an average value of

vacancy rates are zero, due to the massive new investment in the surrounding area and the influx

$850,000 per property.

of workers.

This compared to total sales of 60 properties during the March 2012 quarter at an average selling price of $850,000. Ryan

Crawford,

Managing

“For astute property buyers wanting to lock into a future growth area in the Pilbara, then Karratha is the standout location.

Director

Crawford Realty, said that the Pilbara was now the hottest property market in Australia. “South Hedland is now the epicentre of home

“Weekly rents and property values have eased over the last six months in Karratha due to a temporary lull in construction activity in the area. It is now a buyers’ market in Karratha.

sales in the Pilbara property market with properties

However, the Karratha market is expected to

taking on average just five days to sell. During the

bounce back strongly during the coming year due

March 2012 quarter, the average selling time was

to the expansion of Cape Lambert and other new

14 days for properties in Port Hedland.

resource projects coming, so buyers have a short

“In particular, there has been very strong activity in South Hedland where the average

window of opportunity to secure a well priced property,” he said.

Save $$$ With Ausolar

JULY 28 2012 5

pilbarapropertyguide.com.au

Do your homework By Tracey Evans In most property guides, the advantages of investing in property have been espoused for many a year. Those of us a little more hesitant to venture down the investment property path sit back and see property prices steadily grow, and experts predict they will continue to do, and providing their investors with returns of 8% and higher in some areas. The general public perception of property investment is safe and it is a popular option for those who wouldn’t normally think of investing, or are first-time investors. There are good and bad areas in all investments to be considered but property is still considered by many to be relatively low-risk. Maintaining the loan without defaulting and by making the regular payments on time shows lenders you are reliable and builds credit history. You can also use the property as security on another loan. If you investment wisely, rental properties can fund you into your retirement and considering the current property climate this makes them an ideal long-term investment. Tax benefits are one of the many advantage to investing in property, as when you are filing your tax return, you can claim for interest paid on your home loan, property repairs

and maintenance, rates and taxes, insurance, agent’s fees, your travel to and from the property to do repairs, and depreciation of the building. If it is costing you more to keep the property than you are making from it, then negative gearing is the way to go. When the cost of servicing your investment loan is more than the rent you receive, this difference can provide a tax benefit by lowering your taxable income, as the loss on the property is taken into consideration. Note, however, with negative gearing you still have to cover the shortfall in the loan, so this needs to be budgeted for. If you take the total amount of your loan and divide it by the value of your property, you have your loan to valuation ratio (LVR); you can actually have less of your money tied up in the property and more of the lender’s, when you purchase with an 80% LVR. With every advantage to investing in property there are also disadvantages. If you need to retrieve money quickly you may have to wait months to get your money back from a property, unlike other investment options, such as the share market, where you can have your money returned as quickly as three days. If your tenants decide to move out and the house is unoccupied, or if you have some

z Ignoring maintenance on your investment property is at your peril serious maintenance to do on the property, or, heaven forbid, you get an unreliable or dodgy tenant, you will have to cover the mortgage repayments out of your own pocket. In some areas there is actually an oversupply of rental properties, so it pays to do some homework on the area you are considering purchasing your investment property in. If you haven’t factored any contingency into your budget, the stress will also be on you if the interest rates rise. There are also costs associated with the upkeep of a property, and if you choose to ignore the maintenance on your property it may very well not appreciate for you. Even though these costs are often regular in nature, and sometimes rather substantial, they are part and parcel of

property ownership, regardless of whether it is family home or you rent it out. The diversity of your investments is an area to think about; if all, or a significant part, of your money is tied up in property, especially in a singular locale, this can be dangerous if the property market crashes, as your losses will be substantial. Also, if you wish to dispose of your investment property always keep in mind the capital gains tax that is paid to the Federal Government on the sale of the property. Do not go into any investment with only half of the information; read, research and read up again, if you do your homework then you will venture down the property investment path with your eyes wide open.

Work Hard North West Play Hard South West And live life. No more hard work, it’s all been done and you will be the beneficiary of this delightful 2 hectares (5 acres) An exquisite 5 bedroom 3 bathroom home, with a beautifully appointed kitchen, family and dining room, separate formal dining and lounge, upstairs bedrooms, activity room, sewing room, huge office and a magnificent billiard room. Below ground heated pool, wide sweeping verandas on 2 sides, great for entertaining.

Price

$1,600,000

Over looking a tranquil water feature, established lawns and gardens with a diverse selection of trees and shrubs, all on auto reticulation. Sheds, including guest accommodation or a teenagers retreat, and the list goes on. Full details available upon request.

Contact

Kaye Harvey

P 08 9754 0200 F 08 9754 0211 M kaye@harveygrey.com.au

Harvey Grey & Associates 1/64 Prince Street Bussalton WA 6280

6 JULY 28 2012

pilbarapropertyguide.com.au

propertyguide.com.au Large 4 Bedroom Family Home

Two story Ex-Display Home

3 Car Shed & double lock up garage, large swimming pool, spacious block, near brand new, NRAS property

• Large 3 bedroom • Double lock up garage • Fully fenced & turfed • NRAS Property Moore Park Beach

Moore Park Beach

$435,000

$445,000 Ph: 07 4154 8492

W: www.ecouhomes.com E: accounts@ecougroup.com

Phone: 07 4154 8492 W: www.ecouhomes.com E: accounts@ecougroup.com

GR Kennedy Builders Pty Ltd

“Other builders too busy to do your renovations? WHY wait - call us today!”

0487 408 900 • • • • •

• Beautiful decking, patios & pergolas • Exquisite tiling - vinyl & ceramic • Reticulation - new installations & repairs • Stunning landscape design & construction • Meticulous yard care & maintenance

RESIDENTIAL & COMMERCIAL RENOVATIONS & MAINTENANCE P 0487 408 900 | 16/2591 Hillview Road Karratha WA 6714

❚ Newman, the latest Pilbara boom - Image courtesy of Purely Pilbara

An Oasis in the outback It’s all happening in Newman as new mines are being established and established mines are being upgraded to cater for current demand and projected future growth in demand for the Pilbara’s iron ore. Most of the world’s major mining companies have large-scale mining operations within a 150-kilometre radius of Newman and that has enabled the town to consolidate its position as the East Pilbara supply base and administrative centre. It caters to not only BHP Billiton but also

Rio Tinto, FMG, Hamersley Prospecting and Atlas Iron to name just a few. Future employment opportunities generated by major companies such as these, as well as the many sub-contract suppliers that provide goods and services to the iron-ore mining industry will see this bustling town continue to grow for decades yet to come. Newman has expanded to its current population level of 7000. It is currently in a growth phase with increased demand for ore from China. The fly-in fly-out workforce, averaging approximately 4000 people, adds to the permanent population. Newman is well-known for its great community spirit. The largest town in the East Pilbara, Newman is situated approximately 15 kilometres north of the Tropic of Capricorn. Newman has an array of facilities, including

NICKOL

Karratha’s newest residential estate has commenced construction, with earthworks well underway. This vibrant new community will comprise 195 traditional lots, 6 grouped housing sites and a further site that can accommodate up to 50 houses.

Stage 1 coming Soon RegiSteR youR inteReSt today

www.jingarri.com.au ❚ The Mount Whaleback mine at Newman

a shopping centre with 20 specialty stores, banks, a post office, caravan parks, hotelmotels, restaurants, vehicle service repair centres, medical and hospital facilities and numerous sporting clubs, so you need never be without. BHP Billiton’s Mount Whaleback Mine is the largest open-cut iron-ore mine in the world, and tours of this behemoth are available and are a popular attraction in Newman; tours depart from the Newman Visitor Centre. Why not take advantage and benefit from Newman’s growth by providing the rental accommodation that all these workers need? Now is the ideal time for you to secure your own future by investing in the future of Newman, the iron-ore hub of the East Pilbara.

JULY 28 2012 7

pilbarapropertyguide.com.au

Low maintenance and hassle free This as-new home is a mere 200 metres from the Boulevard Shopping Centre, the retail and commercial hub of not only Newman but the entire East Pilbara. Schools and the police station are also located nearby. The home is currently rented to

homes in the area. All three bedrooms

the local hospital, until May 2013,

are queen-sized, and combined with

as residential accommodation

the great open-plan living and dining area, and top-quality kitchen this home

for medical staff and will always

and its great location will ensure above-

be a valuable rental proposition.

average returns. Current ROI is 11.25%

The home features low-maintenance Broome-style construction and, as it is only a couple of years old, there is plenty of depreciation available to assist the after-tax position of this substantial

❚ Low maintenance as-new home will ensure above average returns

fastfacts

plus. This home also features a nicely landscaped garden and lawns with

Price $829,000

auto-reticulation. This is a quality home

Moondoorow Street Newman

with a quality tenant this home is a must see for the investor.

positive cash-flow investment.

AGENT

Newman is growing strongly with

This property is the epitome of

CONTACT George 0414 756 250

rental property in short supply.

hassle-free ownership.

WEB

Don’t delay, for more information

The home is set on land of 273m2 on a great street and with other quality

Crawford Realty crawfordrealty.com.au

on this property call George Cook at Crawford Realty Newman today.

❚ Quality home in a fantastic location

K A R R AT H A

•

HEDLAND

•

NEWMAN

Phone: (08) 9175 1155 NEWMAN

•

HEDLAND

•

Shop 8B Newman Boulevard, Newman WA 6753 Email: info@crawfordrealtynewman.com.au Fax: (08) 9175 0055

K A R R AT H A

Crawford Realty Newman is now UNDER NEW MANAGEMENT Brick Construction/Excellent Condition/12.25%+ Avail.

Near New Home/Low Maintenance/11.25%+ROI Currently

30 Marloo Street, Newman

4A Moondoorow Street, Newman

4B Moondoorow Street, Newman

•

Investors take note that a 12.25% ROI should be achievable Quality corporate tenants are looking for rental property now Conveniently located close to all of the towns amenities Attractively finished in low maintenance brick with an iron roof An excellent neighbourhood surrounded by other quality homes Newman is expanding quickly ensuring excellent returns

• • • • •

Convenient location close to the centre of town and the shopping precinct Low maintenance Broome style construction will ensure hassle free ownership Quality government tenant with a lease through until May 2013 Good open plan living/dining area together with a quality kitchen All three bedrooms are built in and afford room for Queen sized beds

• • • •

$845,000

Rare Opportunity - Vacant Land In Newman

• • • •

$829,000

Lot 108 Kurra at Newman, Newman

30 Mindarra Drive, Newman

Lot 109 Kurra at Newman, Newman

•

• • • •

Convenient location close to the centre of town and the shopping precinct Great returns for the astute investor Regular shaped lot enabling easy construction Will suit Modular construction, transportable or conventional in situ home types Rental return are increasing thus offering extremely attractive returns on housing

450m2

approx

• • •

Offers from $450,000

Ryan Crawford

George Cook

Group Director

Licensee/ General Manager

Lowest entry price point available with excellent 11.75% returns on offer! Will lease at $1300 p/w offering commanding returns of 11.75% and full depreciation Great complex in excellent neighbourhood location close to shopping centre and golf course Built to a full turnkey specification and offering fantastic full depreciation benefits

• • • •

$575,000

Janine Bailey Property Manager

15 Mindarra Drive

Rare Opportunity - Vacant Land In Newman

Lowest Entry Price Point In Newman!!

approx

1x1

AVAILABLE DECEMBER

450m2

Rental Properties

pm@crawfordrealtynewman.com.au

Offers from $450,000

More stock needed! Buyers Waiting!

Neesa Stutt

Julie Sachse

PM Support Officer

Trust Accounts Manager

Crawford Realty Newman Pty Ltd T/as Crawford Realty Newman • ABN: 48 147 982 143 • Principal/ Licensee:George Cook-RA62491 • Ofﬁce License: RA 62841

Bringing City Service to the Pilbara

8 JULY 28 2012

pilbarapropertyguide.com.au

Serious property for big business This is the perfect, heavy-duty property for big business. This property abounds with features including a spacious fourbedroom home, near-new offi ces complete with full-size kitchen and bathroom facilities, a drivethrough workshop (large truck and heavy-machinery suitable) with three-phase power, and a second workshop and expansive concrete hardstand also with three phase, all located on a level and fenced 4449m2 site in immaculate condition with not a cent to spend! Accommodation is a huge feature of this outstanding site. The four-bedroom solid brick, air conditioned and fully renovated home is in excellent condition. The kitchen is expansive and extremely modern, offering a dishwasher and large breakfast bar. It overlooks the open-plan lounge

and dining areas. The bedrooms are spacious with three of the four double-sized, perfect for multiple occupants. The laundry, bathroom and toilet facilities are all also generously proportioned. A large undercover pergola adjoins the home and boasts builtin BBQ facilities, outdoor power and plenty of room for entertaining. There is also a paved, shaded recreation area at the rear and a front pergola, plenty of choice for outdoor relaxation! The substantial office, approximately 100m2, is near new. It is well appointed with a large timber-decked pergola entry, complete with disabled access ramp; a large open-plan work area and reception foyer; spacious kitchen with stone bench tops; full-sized bathroom with shower; multiple

individual office areas, and all in absolutely immaculate condition. The workshop facilities are also a stand out. The main workshop offers drive-through access, six roller door entry/egress, insulation, foreman’s office, bathroom facilities and three-phase power, on an approximate 250m2 site. Construction is structural steel frame, steel clad with concrete floor with dimensions of approximately 23.7m x 10.6m and a centre roof height of approximately 6.7m. Adjoining one end of the workshop is an undercover concrete hardstand with three-phase power of approximately 50m2; further concrete hardstand surrounding the workshop is plentiful, totalling approximately 280m2. A second workshop of approximately 100m2 neighbours the main workshop. It features an

insulated roof and sliding door access to the main workshop, with concrete hardstand joining the two. Construction is steel frame, steel clad with concrete floor. This substantial site covers 4449m2 and is fully fenced, compact, level and raised from the street. It is offered with vacant possession. ❚ Massive 4449m2 site Investors return a minimum 10% net, $26,000 per month.

fastfacts

This is a seriously well-appointed property and has everything required for a company to move in and get to work straight away, without the need to spend a cent!

Price $3,100,000 + GST Harwell Way Wedgefield

Properties of this calibre are rarely available so don’t delay as it won’t last. Call Crawford Realty’s commercial and industrial specialist Eliza Mearns today for more information on 0416 048 929, or email Eliza at commercial@ crawfordrealty.com.au.

AGENT

Crawford Realty

CONTACT Eliza 0416 048 WEB

K A R R AT H A

crawfordrealty.com.au

•

HEDLAND

•

NEWMAN

Achieve a 13% return with this company lease This modern brick villa is a very lucrative investment for those investors chasing high, positive cash flow.

❚ Open-plan kitchen with plenty of storage

Perfect company house If you are looking for a superb investment to move in to or lease out and enjoy the generous returns, then look no further. No work to be done on this home means it is a great purchase for both owner-occupiers and investors alike! This three bedroom, two bathroom spacious home offers a large living and dining area, a great kitchen, a large master bedroom complete with an excellent-sized ensuite and built-in wardrobe, and a huge main bathroom. This property is situated on a large block totalling 665m2. It features a below ground pool, plenty of parking space and a carport, grassed front and back yards and

fastfacts Price $1,000,000 Spoonbill Crescent South Hedland AGENT

Crawford Realty

immaculate gardens. An outdoor shed and concreted, undercover entertaining area complete the exterior package. Investors, this property brings in $2800 per week with a massive returns rate of over 13%, and you can enjoy the benefits of such generous returns right from settlement! Excellently located near the CBD on a quiet street; this is ideal for an executive family, company house or as the perfect investment. This home is in immaculate condition, with no current lease in place and plenty of room to accommodate. Don’t delay in securing this fantastic opportunity today and create a better quality of life. Call Hayden Crawford today on 0488 070 067 or 9172 5300.

The current company tenant has renewed the lease until July 2013, and with a review on 16 December to a potential rent increase to $1900 per week this unit is a highly positively-geared investment. This secure three bedroom, two bathroom villa is located in a popular South Hedland complex and additionally features a sleep-out which can be used as a fourth bedroom. This villa definitely stands out from the rest. This in-demand complex features a large below ground pool and communal BBQ area, which is very popular with tenants!

This property is currently leased at $1500 per week, and with a potential increase to $1900 per week in December this means an achievable returns rate of 13%. For investors, this property is an outstanding opportunity to earn some of the best positively-geared rental returns in the country and purchase this modern, cash-earning investment at a great price point! This modern villa has excellent exterior features, including an outdoor patio and BBQ area for quality outdoor living, and a durable Colourbond roof. The 428m2 block is in a great location close to the new South Hedland town centre. This brick home also possesses a spacious lounge

area and open-plan dining. The modern, roomy kitchen has the convenience of quality appliances. The master bedroom has its own private ensuite, and built-in wardrobe. The two other bedrooms have not been forgotten about, both feature built-in wardrobes and are a spacious size. Two modern bathrooms complete this outstanding package and they both boast quality finishes. And, let’s not forget about the separate sleep out that could be used as a fourth bedroom! Don’t delay in securing this investment opportunity today! Call Hayden Crawford now on 0488 070 067 or 9172 5300.

fastfacts Price $749,000

K A R R AT H A

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HEDLAND

•

Egret Crescent South Hedland

NEWMAN

3 2

AGENT

CONTACT Hayden 0488 070 067 WEB

K A R R AT H A

CONTACT Hayden 0488 070 067 WEB

crawfordrealty.com.au

Crawford Realty

❚ Spacious lounge area with open-plan dining

crawfordrealty.com.au

•

HEDLAND

•

NEWMAN

Phone (08) 9172 5300 CRAWFORD REALTY HEAD OFFICE

HEDLAND

• K A R R AT H A

•

Shop 2/2 Byass St / PO Box 2583 South Hedland, WA 6722

NEWMAN

7/3-5 Osprey Drive $1900/wk South Hedland AVAILABLE NOW 3 bedroom 2 bathroom villa in secure complex with communal bbq facilities and pool. Private patio at rear of the property & single garage for use.

Executive Double

Future Development Site

6 Monks Place, Port Hedland

157 Anderson Street, Port Hedland

1/16 Mooring Loop, South Hedland

• Oﬀering vacant possession or secure a corporate lease for $4,000pw • Executive modern built home will return a huge $208,000PA • Gourmet chef’s kitchen including breakfast bar • Master bedroom includes large BIRs and ensuite, further 3 beds BIRs & air con • Huge outside entertaining patio area with b/g pool

• 870sqm block including two unit duplex • Total of 5 large bedrooms and two bathrooms • Two good sized kitchens including ample bench and storage space • Open plan living and meals area include air condition and ceiling fans. • Separate lounge room with air conditioning. • Large tiled laundry includes built in storage. • Large shaded garden area to the rear of the properties

• Large living areas on the ground floor & 1st floor • Open plan kitchen & Dining design with the latest appliances • 4 Large bedrooms all with private ensuite and WIR’s / BIR’s • 4x Good quality bathrooms & Excellent outdoor alfresco area • Completion in late 2012 to the highest standard of finish

$2,100,000

Achieve Over 11% ROI

$1,750,000

Executive Owner Occupier

• 3 x 2 double storey property in new condition • Currently leased at $2600 p/wk by a National company • Excellent investment with over 11% return • Large main bedroom with ensuite • Modern open plan kitchen upstairs with dining • Spacious bedrooms with BIR’s • Great sized backyard with outdoor entertaining area

20 Weaver Place, South Hedland

• Over 13% return with a guaranteed 12 month lease • Rent out for $2800 weekly at settlement or occupy • Large yard with below ground pool and shed • Huge open plan living / dining with kitchen • Large main bedroom with ensuite and BIRs • Concreted undercover outdoor entertaining area

• Spacious lounge area with separate dining • Large kitchen with plenty of bench space • All 3 bedrooms are good size with built in robes • Excellent outdoor patio area for entertaining • Huge amount of parking for over 5 vehicles • Excellent 962m2 block potentially going to R30 • Great location close to the South Hedland CBD

$1,225,000

Affordable Owner Occupier!!

$1,100,000

Company Lease / Achieve 13% 13/25-35 Egret Crescent, South Hedland

10/8 Padbury Place, Port Hedland

• Modern 3 x 2 Brick Villa with a Colorbond roof • Spacious lounge area with open plan dining • Roomy kitchen, modern with quality appliances • Master bedroom with private ensuite & BIR • All minor bedrooms good size and with built in robes • Excellent outdoor patio area for entertaining/ BBQ • Excellent 428m2 block in a very popular & secure complex

• Mining lease until July 2013 • Ample sized bedrooms upstairs with the master bedroom enjoying ocean views • Roomy lounge & entertainment area with quality ﬂoor coverings • Rear neat and tidy paved courtyard with lock up store room • Ample oﬀ street parking situated close to local shopping Centre

$769,000

$749,000

Nullagine Hotel • An exciting Northwest business opportunity • Featuring 60 motel rooms with strong advance bookings • Only hotel and liquor license in town

High Profit Business

$995,000

$749,000

Perfect New Company Premise

14 Throssell Road, South Hedland

2/119 Iron Ore Street, Wedgefield

• Consistently top 10 & 20 performer in the state • New 15 year TAB contract on oﬀer • Average weekly commissions over $5,550 and growing • Prime main street location, neighbouring Subway and hotel • Huge growth potential with town expansion • Super strong trading history • No rent payable, extremely low overheads • Superb high growth business opportunity, call now!

• For investors guaranteed to lease at $10,500 p/m, over 10% NET • High quality, low maintenance new property • 1475m2 approx. fully fenced site • 200m2 approx. clear span workshop • 6m roof, 4m(w) x 5m(h) roller door • Air con oﬃce approx 64m2, kitchenette and bathroom • Construction completion July, ready to occupy August • Top quality set and forget investment!

For Sale $530,000 GST/Going Concern

For Sale

outdoor dining

$1,250,000 + GST

Return 10% Net

State of the Art Workshop

store • Spread over four titles totalling 5915m2 • Room for additional development on site • Huge mining projects and expansions on the doorstep

For Sale $3,900,000 GST / Going Concern

1/112 Iron Ore Street, Wedgefield

5 Harwell Way, Wedgeﬁeld

• Absolute quality shines from this new workshop development • Expansive 862m2 total ﬂoor area • Drive through workshop of approx. 570m2 • Huge oﬃce approx 147m2 with 2x kitchenettes, 4x bathrooms • Mezzanine approx 147m2 with kitchenette & data points • Entire 1740m2 site heavy duty reinforced concrete, 15 car bays • Investors return minimum 10.7% net return, $5,769 p/w

• • • • •

For Sale

For Sale $2,180,000 GST/Going Concern

Secure return over 10% net on 5+5 year lease Well established company tenant Extensive improvements in excellent condition Huge 4x3 home with several recreation areas Structural steel workshop 220m2 with three phase power • Substantial air conditioned oﬃces over 150m2 • Ideal low maintenance, high return investment!

$2,800,000 + GST

3-44 Counihan Crescent, $11,638/pm + GST Pretty Pool AVAILABLE DECEMBER 2 190m brand new commercial space, exclusive location, incredible views, 3m high ceilings, never-seen-before opportunity.

South Hedland

9/2 Byass Street, $4,000/pm + GST South Hedland AVAILABLE NOW 83m2 air conditioned offices with bathroom & kitchen access, fixed outgoings. Rare offering, be quick to secure. Unit 2-4/3241 Throssell Road $9,160/pm + GST South Hedland AVAILABLE AUGUST Office/retail, town centre location, 169m2 area with bathroom & kitchenette 1A/2 Byass Street $11,550/pm + GST South Hedland AVAILABLE SEPTEMBER 2 280m office, boardroom & managers office, shared bathroom & kitchen, 30 workstations. 3/2 Byass Street $12,875/pm + GST South Hedland AVAILABLE SEPTEMBER 300m2 office, 6 air cond offices, training & reception room, kitchenette & bathroom.

Wedgefield

1/5 Pardoo Street $2,570/pm + GST Wedgefield AVAILABLE NOW 70m2 offce space, 2 x air con carpeted offices, bathroom and kitchenette facilities, high traffic, accessible location. 2/103 Oxide Way $6,994/pm + GST Wedgefield AVAILABLE JANUARY 2013 2 2 2 2 112m workshop, 48m office, 52m mezzanine, 30m exclusive hardstand 1/101 Pinnacles St $7,500/pm + GST Wedgefield AVAILABLE AUGUST 190m2 workshop, air cond office kitchenette & bathroom, mezzanine. 2/101 Pinnacles St $7,500/pm + GST Wedgefield AVAILABLE AUGUST 2 190m workshop, air cond office kitchenette & bathroom, mezzanine.

• Commercial kitchen, indoor & • Supermarket style general

17 Draper Street, $2100/wk South Hedland AVAILABLE NOW Fully renovated 3 bedroom 1 bathroom home surrounded by lush gardens. Undercover patio at rear of the property. Plenty of parking.

Commercial Rentals

Commercial and Industrial Properties for Sale Heart of Resource Rich Pilbara

tion

Port Hedland

Secure 12.49% ROI!

• 3 x 1 Renovated Brick veneer and iron property • Spacious lounge area with open plan dining • U-Shaped style kitchen with ample storage • Generous Master bedroom with BIR • All minor bedrooms good size and with built in robes • Excellent outdoor patio area with a 5 person deluxe spa • Huge amount of parking with carport and single garage

Under Applica

management@crawfordrealty.com.au

7 Koolama Crescent, South Hedland

$1,300,000

Rare Development Site!!

30 Spoonbill Crescent, South Hedland

11 Pedlar Street, $2350/wk South Hedland AVAILABLE 06/07/2012 4 Bedroom 1 Bathroom with unapproved free standing office . There is a combined kitchen & dining with a separate lounge room, lino floors & airconditioning throughout the property with ceiling fans in all the bedrooms. Combined garage and workshop with a fully fenced yard. 27 Minderoo Avenue, $2900/wk South Hedland AVAILABLE 23/07/2012 Brand new 4x2 with a separate study and a large o/p dining, kitchen & a theatre room. 2 car garage & will be fully landscaped.

3/5 McKay Street, Port Hedland

Rental Properties South Hedland

Residential Sale Properties Bali Living In Hedland

Facsimile (08) 9172 5311 Email info@crawfordrealty.com.au

2/10 Schilliman Street $8,000/pm + GST Wedgefield AVAILABLE NOW 700m2 site, 200m2 workshop with office & ablutions, highly visible corner location. 12 Carlindie Way $9,500/pm + GST Wedgefield AVAILABLE NOW 2 2 1750m site, 120m workshop, hugely functional hardstand. 3/101 Pinnacles Street $9,700/pm + GST Wedgefield AVAILABLE AUGUST 319m2 workshop, 3x electric roller doors, air cond office, kitchenette & bathroom. 2/106 Oxide Way $10,500/pm + GST Wedgefield AVAILABLE NOW 2 2 2 1575m site, brand new 200m workshop, 64m kitchenette and ablutions. 116 Pinnacles Street $22,000/pm+ GST Wedgefield AVAILABLE JULY 3014m2, 256m2 workshop, 178m2 office, 62.7 mezzanine, kitchenette & bathroom.

Ryan Crawford

George Cook

Louise D’Addario

Dave Rowe

Richard Cook

Hayden Crawford

Calum Wardle

Eliza Mearns

Katie Rohrlach

Group Director

Licensee

General Manager

Development Sales Manager

Sales Consultant

Commercial Consultant

Business Development Manager

vv ORESOME(WA) PTY LTD-T/AS Crawford Realty • ACN: 131 733 876 • ABN: 31 131 733 876 • Licensee: Oresome (WA) Pty Ltd TC RA58282

Bringing City Service to the Pilbara

10 JULY 28 2012

pilbarapropertyguide.com.au

Secure lease on Millars Well gem The good news: this neat four bedroom, two bathroom family home is currently tenanted on a secure lease by a major government department. The great news: It is a long, two-year lease with the possibility of extending this to a total three-year period. There is a further one-year option after this current lengthy lease! The location is fantastic; fi ve minutes from the Karratha town centre and with quick access to all major amenities. Situated on a very desirable street, this well-maintained property is surrounded by properties with excellent street appeal. This property ticks all the boxes with corporate clients and would be ideal accommodation for many

a major player in this region. All bedrooms have built-in wardrobes, and there is full air conditioning throughout. Established gardens on reticulation, side access with a rear gate and an expansive, undercover outdoor entertaining area combine to create a fantastic outdoor living environment. Karratha is set to experience unparalleled demand for housing due to unprecedented mining industry growth. Now is the perfect time to get into the market; prices are lower than the recent record highs and the housing demand is set to spike. Don’t delay, call Crawford Realty’s Mark PagesOliver on 0401 560 707 today.

❚ Fabulous and spacious outdoor entertaining area

fastfacts

K A R R AT H A

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HEDLAND

•

NEWMAN

Price $885,000

4 2

Wedge Place Millars Well AGENT

Crawford Realty

CONTACT Mark 0401 560 707 WEB

crawfordrealty.com.au

Vacant possession Located in a quiet area of Bulgarra an inspection of this immaculate and tastefully decorated brick veneer family home is warranted.

❚ Spacious kitchen with natural light

Huge potential Situated in a quiet street in Pegs Creek, this 903m2 block is a rare buy in Karratha. The three bedroom, one bathroom brick veneer residence is walking distance to the local shops, schools and Cattrall Park, and located on a quiet street. The home features decent-sized bedrooms and open-plan living that opens out on to a pleasant patio area. There is a corporate lease in place to November 2012, with indications that the lease will be renegotiated upon expiry.

fastfacts Price $1,050,000 Hyde Road Pegs Creek AGENT

Crawford Realty

There is a current DA attached for the property to be subdivided into two lots, leaving a vacant block of 371m2 to build another residence on, and the existing home on a block of 532m2.

This much loved home is certainly a credit to the owners, who are now leaving the Pilbara and embarking on a move south. This is what you call a hidden gem. Step through the front door and you are welcomed into the home by way of a large entrance foyer. This reception area leads into a spacious kitchen that has an abundance of cupboards, storage space and bench space. The kitchen overlooks the dining area,

The imminent city centre redevelopment is sure to enhance capital growth, and with this rare property on offer what better time is there to take advantage of this revitalisation of Karratha! Properties like this do not come along every day, so act quickly. Don’t delay, call Crawford Realty’s Leigh Anderson on 0427 568 010 today.

K A R R AT H A

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HEDLAND

•

NEWMAN

3 1

❚ Immaculate established gardens are ready for your enjoyment

fastfacts Price $730,000 Lewington Way Bulgarra AGENT

Crawford Realty

CONTACT Leigh 0427 568 010

WEB

crawfordrealty.com.au

which adjoins the large rectangular lounge. The hallway leads you to three decentsized bedrooms, all which boast new carpet, and a bathroom and laundry also offshoot from the hallway. Beyond the main living area, through a sliding door, is a large outdoor patio that overlooks manicured gardens. The perfect place for relaxing! Recently painted throughout, and with new carpet in all the bedrooms, this well cared for home is presented for sale at a great price, and in a fantastic location. Vacant possession means there is nothing to do but move in, or lease out! Don’t delay, call Crawford Realty’s Leigh Anderson on 0427 568 010 today.

crawfordrealty.com.au

K A R R AT H A

•

HEDLAND

•

NEWMAN

3 1

Ph (08) 9143 1599 K A R R AT H A

• HEDLAND

•

4/5 Warambie Rd, Karratha WA 6714 Email: info@crawfordrealtykarratha.com.au Fax (08) 9143 1699

Rental Properties

NEWMAN

Residential

Current Sale Properties

Millars Well

4C Kallama Parade Millars Well

$1200 pw AVAILABLE NOW

15 Harbutt Way Millars Well

$1,200 pw AVAILABLE NOW

Now Leased

Superb Investment 565 Emma Street BULGARRA • Bargain buying for the astute investor with healthy profits to be made for little effort • Close to local park and playground • A tastefully renovated timber kitchen complete with quality tasteful finishes • Three good sized bedrooms complete with built in robes • New tiling, paint and blinds throughout • A large 741 square metre block • complete with extensive alfresco area at front.

r Under Offe

$710,000

Vacant Possession

Desirable Location – Achieve 10.4%

260 Lewington Way BULGARRA

14 Gunsberg Court PEGS CREEK

• Immaculately presented 3 bedroom, 1 bathroom residence with vacant possession • Quiet street close to CBD, Schools and playing ﬁelds • Recently painted throughout and new carpets in all bedrooms • Huge patio overlooking manicured gardens • At a great price, central location and excellent presentation there is nothing to do but move in or lease out.

• This property is an investors dream, a well located beautiful home • Situated on a large block allowing plenty of room for the big pool and alfresco area • A home with fantastic street appeal the brick and Karratha stone looks sensational • All bedrooms are queen sized and feature split system air, fans and built in robes • The fully enclosed back yard aﬀords plenty of space for a safe play area for kids and pets

$730,000

Development Site – Zoned R30

Spacious Investment – Achieve 10.8%

8F Wedge Place MILLARS WELL

• Private and secure 3 bedroom 2 bathroom front villa • Open and spacious living area with high ceilings • Double Carport • Easy walking distance to a sporting complex, recreational club and schools • Alfresco area with tropical garden area

• Neat three bedrooms, one bathroom with below ground pool • 744 m2 lot zoned R30 • Close to town centre, schools and amenities • Level site making it easy to redevelop • Suitable for a two storey accommodation • Don’t delay securing this property as these properties are in high demand

• Secure Government 2 year lease + 1

$770,000

• Sure to become Karratha`s premium residential address • A quality beautifully ﬁnished master built display home • A safe family friendly environment with parks close by • New Baynton West Family Centre just around the corner • Walking distance to New Baynton West Primary School

Under Offe

$950,000

• Impressive Timik four bedroom, two bathroom investment property • Large entry foyer with tall ceilings throughout, quality window treatments, tiled floors and quality carpets in all bedrooms • Gourmet kitchen with island bench and enormous walk in pantry • Long lease with corporate client • Superb outdoor entertaining area and double lock up garage

• Brand new and stylish with elegant ﬁttings

• Outdoor entertaining area

• Double lock up garage and storage

$950,000

$1,200,000

21 Bajamalu Drive Baynton West

$1,500 pw AVAILABLE NOW

1 Jadura Crescent Baynton West

$1,800 pw AVAILABLE NOW

Stylish home has it all. This stunning property is a must view and is available for a long term tenant. Close to Baynton Family Centre, Parks and the new Baynton West Primary School.

4/1925 Ridley Street Bulgarra

$850 pw AVAILABLE NOW

796 Andover Way Bulgarra

$1450 pw AVAILABLE NOW

Nickol

22 Thistle Loop Nickol

$2000 pw AVAILABLE NOW

Surrounded by luscious tropical gardens this home is sure to impress. Spend time around the pool in your own oasis or simply enjoy some family time in the large open living area or theatre room the choice is yours! This is simply a home you must see!!!

Now Leased

Pegs Creek

9 Frinderstein Way Pegs Creek

$1,500 pw AVAILABLE NOW

9 Carlsen Way Pegs Creek

$1,700 pw AVAILABLE NOW

How would you like to come home every day to this stunning property? With beautiful timber look finished floors, separate lounge, and large open living area, you will be the proud person or family who can say “This is my beautiful home!”

$1,100,000

Located close to town this lovely 3 bedroom 2 bathroom home has it all. Partially renovated with plenty of space and great features including large in ground pool for those warm Karratha Days.

Commercial 1/16 Crane Circle Pegs Creek

• 6040m2 level commercial block with 50 metre frontage • Fully fenced with double gates and fully serviced • Excellent heavy vehicle access • High exposure street • Excellent investment for the investor or owner occupier • Be quick to secure as this won’t last long

throughout

Want some privacy? Sick of sharing a bathroom with someone? Then this property is defiantly for you! With four large bedrooms, 4 bathrooms, low maintenance gardens and large double garage, this home is perfect for the hard working.

Come home to an this gorgeous 4 bedroom home. With beautiful established gardens, lovely gourmet kitchen and fantastic secure rear yard you won’t want to leave. Plenty of room for the caravan and boat this is the perfect property for the active family.

Rare Commercial Land Rare Commercial Land

• Single storey 4 bedroom, 2 bathroom home

$1850 pw AVAILABLE NOW

Located close to Sporting Complex and Town, this beautifully refurbished fully furnished one bedroom unit is a must. Perfect for the busy couple. Do not delay this won’t last long.

Beautifully Designed

47 Bajamalu Drive Baynton

Fresh and fully furnished, this lovely town house is almost too good to be true! With 3 good sized bedrooms, Fully Furnished with near everything you need, just bring clothes & groceries that’s all you need! This property would be perfect for hard working couple or FIFO.

Bulgarra

1510 Lambert Road KIE

• Fully auto below ground pool

$1,150,000

$885,000

• Great location opposite schools • Quality ﬁttings to all bathrooms with spacious showers and baths • Spacious bedrooms with Walk- in robe to master • Huge open living and access to outdoor entertaining area • Gourmet kitchen with benchtop space • 2 Storey quality brick home with maximum use of space for entertaining and living

Touch of Class

23 Fantail Bend NICKOL

11 Marniyarra Loop BAYNTON

$1,050,000

79 Marniyarra Loop BAYNTON

Dual Living

Huge Potential – Subdivisible

Super Investment

• 3 bedroom, 1 bathroom residence with Corporate Lease to November, 2012 • Current DA for subdivision of the property into two lots • 903 square metre block to be subdivided into 532 and 371 square metre lots • Quiet street close to CBD, Schools and Cattrall Park • Properties like this are extremely rare in Karratha so act quickly

nder Offer

• Side access with a bonus rear gate

• This is a large family home built to a very high standard • Utilise the dual living option if needed • Open living, theatre room • Large bedrooms • Parks, playgrounds, sports oval, family centre and new school all close by • Karratha is growing, rents are increasing and so are property values. Don`t hesitate.

2 Hyde Road PEGS CREEK

$960,000

area

$1200 pw AVAILABLE NOW

Need some privacy? This is the property for you! With four bedrooms, four bathrooms and two kitchens you will not have to worry about trying to get away from it all after a hard days work. Perfect for company of FIFO!

• Expansive undercover outdoor entertaining

23 Curlew Street BAYNTON

11 Leonard Way NICKOL

• Established gardens on reticulation

• Massive 4 bedroom 2 bathroom Karratha Stone house with vacant possession • Two living areas with separate dining room which features built in bar • Stunning kitchen with extensive cupboard space and dishwasher • Magniﬁcent entertaining area overlooking in ground pool and tropical gardens • Big powered shed with extra bedroom and double carport

• A sensational opportunity to invest • Efficient split system air throughout living and bedroom areas • Open living • Above ground pool with salt chlorinator and paved surrounds • A fully enclosed rear yard just the place for kids and pets • Loads of parking for all the toys • Close to parks and gardens

• Fully air conditioned

$845,000

17/638 Samson Way Bulgarra

Baynton West

35 Demetre Crescent PEGS CREEK

Modern Reno – Achieve 10.8%

year option

Under Offe

$945,000

$749,000

• All bedrooms with BIR’s

VIP – Very Impressive Property

Maximum Depreciation – Achieve 10.4% 6 Ganbarr Street BAYNTON

Baynton

vw Govt. Lease – Achieve 10.4% Secure

84 Wellard Way BULGARRA

nder Offer

This wonderfully refurbished home all the fittings and features you’d expect to see in a brand new home. Designer style without the designer price tag you will love bragging to your friend and family about your new home!

6/3 Lockyer Street BULGARRA

Come home after a long day of working and simply put your feet up and relax. This lovely 2x2 is perfect for the hard working. With open living space and lovely undercover alfresco for entertaining you really can’t go wrong with this property.

$3,920 p/wk + GST + Outgoings AVAILABLE NOW

This brand new 453m unit provides an excellent opportunity for a company requiring a large work space and live in accommodation in Karrathas CBD. Internal office space – 62m2, internal work space – 329m2, live in accommodation – 62m2 2

4/2885 Coolawanyah Rd KIE

COMMERCIAL

$2,000,000

$1,418.25 p/wk + GST + Outgoings AVAILABLE NOW

Trust the sale of your property to the proven market leaders Ryan

Mark

Leigh

Sherrie

John

Conor

Chris

Sharon

Candace

Shonna

Nicole

Group Director

Licensee / General Manager

Commercial / Residential Sales Representative

Sales Representative

Commercial / Residential Sales Representative

Business Development Manager

Property Manager Assistant

Property Manager

Leasing Officer

Administrator Manager

Sales Administrator

vv Crawford Realty Karratha Pty Ltd T/as Crawford Realty Karratha • ACN: 147 982 152 • ABN: 50 147 982 152 • Principal/Licensee: Mark Pages-Oliver - RA62842 • Ofﬁce License: RA62843vwv

Bringing City Service to the Pilbara

12 JULY 28 2012

pilbarapropertyguide.com.au

Care for your investment By Tracey Evans According to Wikipedia, property management is the operation, control, and oversight of commercial, industrial or residential real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its useful life and condition. Your investment is in effect a business, and as such it needs to be managed.

This role is taken on by a property manager, engaged by you. You get a property manager to take on the role of liaison between you as the owner and the tenant, meaning that you can distance yourself from the tenant in any communication or action that needs to be taken. From the beginning of a tenancy, your property manager will have been responsible for finding a tenant with a good history, both criminal and rental, as well as their ability to pay rent.

They will have the legal documentation available for the area in which the property is located and will understand and undertake any maintenance issues within a previously arranged budget. You need to know what this amount is so you don’t have any surprises when you see how much is going out in maintenance and fees. Evictions, non-payment, harassment, reduction of pre-arranged services, and public nuisance are legal subjects that gain the most amount of attention from a

property manager; which makes them all good reasons to use one. The company has to be licensed with a principal or licensee in charge to trade as a property management company and each staff member of the company has to have a certificate of registration. (Agents Act 2003, Part 4, Section 45) You will find that every state of Australia has different licensing requirements so to ensure your property is managed in a professional manner, use a licensed property manager.

What to expect from your property manager After conducting a search it can be said that a typical property manager’s role includes maintaining property rentals by advertising and filling tenant vacancies and negotiating and enforcing leases. Other roles include maintaining and securing premises, along with making periodic reports to the owner. You can expect your property manager to : • Establish the rental rate of the property. • Advertise your vacant property, stressing the advantages of the location of the property and the services available.

Stage 4 now selling at Gap Ridge Industrial Estate. Put your business where everyone will see it, with the newest release of light industrial lots at Gap Ridge. • 10 fully serviced lots

• Conduct ‘Open for Inspections’, and show prospective tenants through the property. • Obtain and check referrals of prospective tenants. • Negotiate the lease, complete contracts and collect the security deposit. •

Collect the rent, issue receipts and investigate and collect any rent in arrears.

• Priced from $1,052,250 including GST

•

Pay any bills.

• Prime exposure fronting Dampier Highway

• Prepare a property condition report on a regular basis.

• Easy access to the port, town centre and airport

• Prepare an annual budget and schedule expenditures.

• Join Toll, Monadelphous, Centurion, Coates Hire and other prominent businesses

• Investigate and resolve any tenant complaints while enforcing the rules of occupancy.

• Sized from 3,600sqm to 1.3ha

• Lots ready for occupation mid 2013 Contact Leigh Anderson of Crawford Realty Karratha on 0427 568 010 or Warick Irving of CBRE on 0413 863 335. landcorp.com.au/gapridge

• Inspect vacant properties. A property manager may arrange for a wide variety of services, which may be requested by the owner of the property, for a fee. Sources : Careerone.com.au, Monster.com.au, Wikipedia

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13 JULY 28 2012 13

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FAQs on property GST

What is GST? The Goods and Services Tax is a 10 per cent tax on most goods and services supplied in Australia from July 1, 2000. The consumer bears the cost of the GST through the pricing structure of the goods and services they purchase. However it is the seller of the goods and services that is responsible for remitting the GST collected from sales, to the Australian Tax Office. GST will apply to many (not all) types of property transactions. However, the treatment of property for GST purposes depends on whether it is private residential, commercial residential, commercial property or a farm. Will GST apply to the proceeds of the sale of the family home? No, the GST will not apply to the proceeds of the sale of existing residential real estate, including the existing family home, unless the home was built by an ownerbuilding in the course of their enterprise in which case it will be the sale of new residential premises, ie, a taxable supply. Will GST apply to fees for services provided by real estate agents? Yes. GST will apply to the agreed fees that real estate agents will receive, including the sales commission and property management fees. Will GST apply to the sale price of a residential investment property? Generally GST will not apply to the sale of existing residential property irrespective of whether it is a family home or an investment property. However GST will apply to the sale price of newly constructed homes, including investment properties, sold by a developer who is registered for GST. See Margin Scheme below for details on GST relief for developers. Will GST apply to the sale price of newly developed vacant residential land? GST will apply to the sale of newly developed residential land by developers who are registered for GST. See Margin Scheme below. What is the Margin Scheme? The margin scheme provides some relief in relation to property transactions and allows for a reduced amount of GST to be paid. It applies to the supply of freehold interests in land, strata units and long-term leases. The GST is normally applied to the full sale

price of taxable goods and services, however a property developer who is registered for GST may choose to only apply the GST to the margin. The margin is the difference between the sale price (including GST) less the original purchase price of the development site or, in the transition, the difference between the sale price and the valuation of the property (including works in progress) as at July 1, 2000. The margin scheme ensures that the GST is payable only on the value added by the developer and it reduces the GST component applicable to the sale of new residential property sold by developers after 1 July 2000 who are registered for GST. What is the Margin Scheme? The margin scheme provides some relief in relation to property transactions and allows for a reduced amount of GST to be paid. It applies to the supply of freehold interests in land, strata units and long-term leases. The GST is normally applied to the full sale price of taxable goods and services, however a property developer who is registered for GST may choose to only apply the GST to the margin. The margin is the difference between the sale price (including GST) less the original purchase price of the development site or, in the transition, the difference between the sale price and the valuation of the property (including works in progress) as at July 1, 2000. The margin scheme ensures that the GST is payable only on the value added by the developer and it reduces the GST component applicable to the sale of new residential property sold by developers after 1 July 2000 who are registered for GST.

or required to be registered for GST The supplier must carry on the business until it is sold All of the things required for the continued operation of the business must be supplied and Both parties must agree in writing that the supply is a going concern. Will GST apply to strata levies? A body corporate with an annual turnover of $50,000 or more, must register for GST. A body corporate with an annual turnover of less then $50,000 may choose to register. A registered body corporate will be required to include GST in the amounts levied on proprietors. The body corporate will be entitled to input tax credits for the GST included in costs such as electricity, management, cleaning, repair and maintenance services. It will also be required to lodge a Business Activity Statement for each tax period. Do owners of residential rental properties require an ABN?

The Australian Tax Office has announced that owners of residential rental properties will not need an Australian Business Number, even if there is some minor business use of the property by the tenant. There will also be no requirementfor residential rental property owners to quote an ABN to any organisation that is providing residential accommodation for its own employees, such as the Defence Housing Authority. If a residential property owner wants an ABN, they are entitled to one as an enterprise, but they do not require one for PAYG purposes, Will GST apply to the price of newly constructed homes? GST will apply to the cost of building a new home and to the

supply of a new home purchased directly from a developer. GST will be included in the contract price for the construction of a new home. The GST will replace existing sales taxes. Source : REIWA.com.au

Have your say on industrial land development in Onslow.

Will GST apply to the sale of homes by the original owner builder? In the majority of cases persons who sell their homes that they built themselves (owner builders) are not subject to GST. The exception to this are owner builders who construct a dwelling in the course or furtherance of their building enterprise and who would be required to register for GST.

The Ashburton North Strategic Industrial Area (ANSIA) is being master planned to accommodate a hydrocarbon processing and associated industries precinct. The ANSIA, located 12km south west of Onslow, comprises approximately 8,000ha and will include a State Port, Common-User Coastal Area, Multi-User Infrastructure Corridors and Heavy Industrial Area for LNG and Hydrocarbon processing.

Will GST apply to the sale price of commercial property? GST will apply to the sale of all commercial property by a registered entity, such as commercial property owners with annual turnover (including rental income) greater than $50,000. Entities who generate turnover (including rental income) less than $50,000 may choose to register for GST. GST will apply to commercial property sales that are settled on or after 1 July 2000. The seller must pay GST on the full amount of the sale value of the commercial property unless the seller is eligible for and chooses to use the margin scheme.

We are proposing to initially develop a 100ha Support/General Industrial Area to accommodate

Will GST apply to the sale of a going concern? The supply of a going concern (including a business) is GST-free in the following circumstances: â&#x20AC;˘ the purchaser must be registered

For more information visit landcorp.com.au/ashburtonnorthindustrial

supporting services for the Ashburton North proponents during the construction and operation of the Strategic Industrial Area. To help us cater to the demand for industrial land in Ashburton North, and ensure the optimum planning of the estate, we are inviting interested parties to complete our online survey. We have engaged a sales agent to contact businesses that complete our online survey to discuss their specific needs, provided that permission to contact is given. The results of the survey will help determine the size and layout of the first stage of the General Industrial Area and ensure the estate is planned in a way that meets the requirements of all potential users. The survey closes midday (WST) Wednesday 8 August.

or call Kathy Craig at LandCorp on 9482 7870. LC1815PE

Property GST can be a bit daunting to most of us, but there are sources out there to help explain all the inâ&#x20AC;&#x2122;s and outâ&#x20AC;&#x2122;s, and who better to do so than the experts at REIWA. Below are some frequently asked questions on a very important topic.

pilbarapropertyguide.com.au

14 JULY 28 2012

Ideal location and achieve over 11% ROI In such a desired location, you can’t look past this beautifully built three bedroom, two bathroom home right in the heart of Port Hedland. Make this your next investment and enjoy the generous returns, or get ready to move into a new, modern design home situated next to the scenic port, parks and beaches. Investors … this property is the perfect investment offering over 11% ROI with a company lease currently in place. Rented out at $2600 per week, from 20 August, by a national company this property is a stressfree investment in a sought-after location in Port Hedland. Companies … this three bedroom, double-story home makes a great company house. It boasts spacious rooms, secure parking for company cars and is located right next to the CBD. Perfect for a family residence, or to move your workers in, given the ample space and the two bathrooms: one upstairs, one downstairs. The master bedroom is spacious, with its own ensuite and built-in wardrobe. The other spacious bedrooms also boast their own built-in wardrobes.

The modern open-plan kitchen is situated upstairs, along with the dining area. A contemporary designed home, both inside and out, featuring down-lights throughout and a great-sized backyard with an outdoor entertaining and alfresco area. Don’t delay in securing this fantastic opportunity today and create a better quality of life. Call Hayden Crawford on 0488 070 067 or 9172 5300 today.

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This elegant and spacious doublestorey brick home is only 12 months old, and is leased until February 2013. This home is situated on a compact 320m2 block and the double-storey configuration provides the ultimate in design. Its well thought-out entertaining spaces and living features enhance its value and maximise opportunity for use. All bedrooms are located upstairs. The master bedroom is a massive 6m x 3.5m size, with walk-in wardrobe, and a huge roomto-move ensuite with his/her shower. All bathrooms contain quality fittings throughout,

with spacious showers and baths. The other bedrooms are double size with built-in wardrobes, and the home also boasts plenty of storage space. The downstairs area comprises the lounge, and a dream gourmet kitchen with ample bench top space; the kitchen overlooks the family room and dining area. There is easy access to the outdoor entertaining area, a spacious double carport and also lock-up storage. This elegant home is in a great location and you’d be well advised to view shortly. Don’t delay, call Crawford Realty’s John McManus on 0409 084 649 today.

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To buy or not to buy

Marniyarra Loop Baynton

By Tracey Evans

CONTACT John 0409 084 649

Owning a property is often a long held dream for a lot of us. You will need a strategy to reach that long-term financial goal and try to stick with it. Once you settle on the idea of wanting to buy a property, there are decisions you will need to make, such as, is the property for investment or to live in. Buying a home to live in usually involves borrowing money, so you might as well buy something that suits you long term. A new or established property is another consideration and each has its advantages and disadvantages. A new property gives you a house that is all light, shiny and new and there shouldn’t be anything to do. So if that appeals to you then that is the way for you to go. Bear in mind though that you might have to put in your own garden, clothesline and sheds. Not to mention the special lights you want outside and the additional paving or

that fancy deck you were dreaming about. A lot of houses are pretty basic and if you aren’t used to living in a house, how will you know where you need more electricity points or lights. If you’re building in a new estate, remember that you may be living with not only a lot of dust but also a lot of builders’ noise. Maintenance should be at a minimum, but if there are any defects then the builder should cover anything that needs fixing. Buying into an older property means that you can gain immediately from doing any renovations or development. Buying older houses often means a larger block of land, but it can also mean buying someone else’s mistakes. The garden may need a lot of work, especially if it doesn’t work for you the way it is, or if you entertain in a different way. This goes for the inside of the house you buy too, as there are often changes needed unless the house has been renovated to a really good quality. A lot of older houses are darker and have smaller rooms, so unless there is a great deal of appeal to the property, then you’ll be up

AGENT

Crawford Realty

WEB

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for big bucks with a tweak here and a tweak there - especially if you’re tweaking involves a new kitchen and bathroom; and while you’re at it, a new laundry.

But bear in mind the body corporate fees for the upkeep of the building and the pool or the gym can be quite high, and need to be paid regularly.

Bear in mind too that if it has that cute picket fence surrounding that lovely timber house, then you’d better like painting and have plenty of time to do it, unless you have pots of money to pay someone for the upkeep.

Then what happens when the pool springs a leak and the gym equipment gets old, and don’t forget that the building will need constant upkeep, and these costs will probably come on top of your regular fees.

Then there’s the option of a unit instead of a house. They are less labour intensive and much easier to lock and leave if you like going away for a holiday or two.

If you’ve had a really good look around at different properties and you have found a property that you love, you’ve considered your needs and those of whoever else will live there with you.

Some units and apartments come with the advantage of having a pool or gym to share with the other residents.

It will not only be the place where you rest your head each night, it should also give you a lot of joy and memories.

But it’s not all doom and gloom.

JULY 28 2012 15

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Property scam hits local victim By Courtney Bertling People looking at buying, selling or renting properties are being warned of scams with many victims falling for them, including local Kelly Elliott. “I’m not afraid to say that I got scammed, they got me, but hopefully people will be able to learn from my mistake,” she said. For the last four to fi ve weeks, Kelly has been searching for properties to rent in Queensland and became desperate recently, needing somewhere to live and quickly. As well as calling a number of real estate companies and searching their websites, Kelly advertised on a well-known advertising website, urgently asking for a house to rent. After fi nding a house that she was interested in on one of the real estate websites, she asked a friend to check it out for her. It was perfect! But that night, Kelly received a phone call from a Malaysian lady named Cherry St Pier in regard to Kelly’s ad. Cherry stated that she wanted to rent out her family house as her family had recently moved to Malaysia. The house that Cherry was renting out was the house that

Kelly’s friend had checked out for her. Perfect! Now Kelly was speaking to the owner of the house and could go directly through to the owner instead of the real estate company. Over the next 18 hours, Kelly and Cherry started talking about family, their kids, their interests and started the application to rent to house. “During the application, she would skip over things very fast and talk about personal things,” Kelly said. “She made me think she was trustworthy and caring; talking about her work, her family and God.” Later that night, Kelly and her husband talked over the property, questioning if it was a scam. “I asked Cherry straight out if it was a scam, but she quickly flipped it around asking why they should trust me with their home,” Kelly said. “I found myself defending myself and forgetting about trusting her to whether it was a scam or not.” Within only a few weeks of moving to Queensland, Kelly and her husband were getting desperate, and now Kelly understands that it was the desperation that convinced her that this was not a scam. In order for the transaction

to work, Kelly had to transfer a deposit of $1600 into Cherry’s bank account with Western Union, and when the money went through, Cherry would send the keys and documents for the house. “I remember standing at the post office, a little bit inside me was saying no, but the desperation part of me was saying yes,” Kelly said. Twenty minutes after Kelly had transferred the money she received a text from Western Union saying that the money had been picked up by Cherry’s husband, Anthony St Pier. “I called Cherry and asked her when she was going to send the keys as Anthony had received the money,” Kelly said. “She said that her husband was in a meeting and that she had to get confirmation from him to whether he had received it or not. “That was the last I heard from her. “I called and emailed her, but there was no response.” What Kelly did next, she said she wished she had done from the beginning. She rang the real estate company. “At this point I was still hoping and wishing that everything was ok,” she said. “I asked if the owner was Australian based: no. “I asked if the owner was

The good news: this neat four bedroom, two bathroom family home is currently tenanted on a secure lease by a major government department. The great news: It is a long, two-year lease with the possibility of extending this to a total three-year period. There is a further one-year option after this current lengthy lease! Phone Mark 0401 560 707

In such a desired location, you can’t look past this beautifully built three bedroom, two bathroom home right in the heart of Port Hedland. Make this your next investment and enjoy the generous returns, or get ready to move into a new, modern design home situated next to the scenic port, parks and beaches. Phone Hayden 0488 070 067

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that I lost, I have just put it down to bad judgment. “She played so much on the whole family thing and I was so desperate for a house so my family didn’t turn up to Queensland with no where to live. “It was my first time I have been scammed and it will be my last.” Kelly’s advice to anyone looking at buying or renting homes is to do lots of research. “If it seems to good to be true, it probably is,” she said. “Don’t rush into things and don’t get pushed. “I have lost a lot of faith and trust in people because of this.” Kelly’s case has been reported to Scan Watch, ACCC and the Police. You can report scams to the ACCC on www.scamwatch.gov.au or by calling 1300 795 995.

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Cherry and Anthony St Pier: no.” Kelly’s sneaking suspicious that was masked by desperation was correct; it was a scam. “The worst thing was that I scanned all my ID’s, Medicare and bank information and references from my family and friends to this lady,” Kelly said. “My accounts had to be blocked, so I had no money. “Even if I found another house to rent and I had to ring all my references to warn them, just in case they received a call.” Kelly said that looking back at all the emails and conversations she and “Cherry” had, she can constantly see red flags pop up stating that it was a scam. “This is going on all the time, people are being sucked in because of how well these people lie,” she said. “They lie very convincingly, and make you trust them, and when you have a question, they rush over it and quickly change the topic.” On the bright side, Kelly did manage to rent the house she was looking at. “The lady at the real estate company was very understanding and submitted my application to the real owner, as well as telling the owner everything that had happened,” she said. “I don’t care about the money

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16 JULY 28 2012

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Saving energy in PART 2 our homes We have all got the message that we need to live greener – after all that’s what the government is talking about with the carbon tax. But being green has to be easy or we just won’t do it, as most of us simply don’t have the time. The actions you take need to save you money and they need to have an impact on the environment. Saving money could be a pretty good incentive for a lot of us but unfortunately the impact we’ll have on the environment is rather low on most of our radars, unless of course it’s easy. We can try to conserve water, reduce our waste, recycle and reuse as many products as we can.

We can also learn to travel smarter. For example, buying a fuel-effi cient car and cooking effi ciently are poles apart in comparison; but the impact and the savings on buying the car are greater than for the cooking, but it is definitely easier to cook more efficiently for most of us. We can buy water-effi ient c appliances, compost, improve our watering practices and create a water smart garden, install a rainwater tank and water effi cient toilets and showerheads, install a solar hot water system, manage bathroom, toilet and laundry waste. Apart from driving effi ciently, we can car pool and car share, switch to a bike, use public transport or just use your car less. When you go shopping look for energy efficient

appliances and make sure you use your appliances efficiently; install a gas hot water system and insulation and solar power. Keeping chickens in your backyard and managing building, e-waste and hazardous waste can all help, as can starting a worm farm and minimising food waste. It helps to draught-proof your home, improve your air conditioning systems and keep them serviced; improve your window coverings to keep out the heat so that your aircon doesn’t have to work so hard. Hot Tip : For every degree lower a fridge or freezer is set, it needs 5 per cent more energy. The ideal is a fridge set between 3 to 4 degrees Celsius and a freezer between -15 to -18 degrees Celsius.

Join the club if you need help By Tracey Evans The Investors Club has been around in Australia for many a year and are available to anyone who wants to get into the property market, for investment purposes. They have their own property researchers who specialise in finding and adding to their list, stock that is quality, freehold and residential and suitable as an investment property. Their team of property researchers not only liaise and negotiate with builders, but are also able to find potential development sites, to give members great opportunities that they normally wouldn’t hear about. They can give you access to properties Australia-wide, which means you can meet your investment needs and diversify. The Investors Club actually has criteria

against which all properties are evaluated. Unless a property measures up to this list, it is discarded as a good investment, according to the club. They will only recommend properties that are in an area of existing or potential high mid-to-long term capital growth; have high population growth and high employment; the property must be close to schools, shops and transport; be new or renovated to allow for maximum depreciation and therefore the biggest taxation savings; the design, materials and construction must be of high quality, need minimal maintenance, and the property must be in an area, which has a sound long term rental history. All of this information is detailed in a property profile and includes a property appraisal, its location, growth potential and rental return. If this sounds like the way to go for you, or you want to find out more, visit www.tic. com.au.

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