Concorde South, 10 Forrest Circle, South Hedland
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High Yielding Apartment Complex in the Booming Pilbara
- 77 strata titled apartment building
- Fully occupied
- $2.9mil forecast 25/26 net income
Cygnet West and JLL are pleased to present ‘Concorde South’, a modern six-level fully strata titled apartment complex. The property is located in the heart of South Hedland, a key regional centre earmarked for future growth. Professionally asset managed, Concorde South has been optimised for efficiency, cost reduction, and streamlined operations.
Key Highlights:
- Fullyleased complex.
- Strong historical occupancy of 99% over the past 5years.
- Estimated replacement cost well in excess of $50m.
- Recent capex upgrades resulted in operating cost savings.
- Defensive tenant profile; majority corporate and government.
- Proposed rent increases set to lift gross income by >8%.
- Port Hedland boasts 9.5% annual price growth and 33.9% rent growth.
- Mix 35 x 1 Bedroom; 36 x 2 Bedroom; and 6 x 3 Bedroom.
The property is offered for sale via Expressions of Interest closing 2.00pm (AWST) Thursday18th September 2025.
For further information please contact the exclusive agents.
Wayne Lawrence, Ruby Moors (CW)
Sean Flynn, Nigel Freshwater, Jack Bergin (JLL)
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Tenanted Investment
Tenanted Investment
10 Forrest Circle Investment Summary
Sub-type
Block of Units / Flats
Selling Details
Contact Agent
Investment Highlights
High Yielding Apartment Complex in the Booming Pilbara
- 77 strata titled apartment building
- Fully occupied
- $2.9mil forecast 25/26 net income
Cygnet West and JLL are pleased to present ‘Concorde South’, a modern six-level fully strata titled apartment complex. The property is located in the heart of South Hedland, a key regional centre earmarked for future growth. Professionally asset managed, Concorde South has been optimised for efficiency, cost reduction, and streamlined operations.
Key Highlights:
- Fullyleased complex.
- Strong historical occupancy of 99% over the past 5years.
- Estimated replacement cost well in excess of $50m.
- Recent capex upgrades resulted in operating cost savings.
- Defensive tenant profile; majority corporate and government.
- Proposed rent increases set to lift gross income by >8%.
- Port Hedland boasts 9.5% annual price growth and 33.9% rent growth.
- Mix 35 x 1 Bedroom; 36 x 2 Bedroom; and 6 x 3 Bedroom.
The property is offered for sale via Expressions of Interest closing 2.00pm (AWST) Thursday18th September 2025.
For further information please contact the exclusive agents.
Wayne Lawrence, Ruby Moors (CW)
Sean Flynn, Nigel Freshwater, Jack Bergin (JLL)
Read More