5 Hawkins Street

South Hedland WA 6722

At first glance, 5 Hawkins Street, South Hedland may seem like a standard residential property but behind the front fence lies an outstanding development opportunity with strong holding income already in place.Previously approved for a 6-dwelling development, this property comes complete with plans already submitted to council for six modern 2-bedroom, 2-bathroom units, including provision for 8 car parks. In today's Port Hedland rental market, these style of units are in exceptionally high demand and could potentially achieve rental returns upwards of $1,000 per week each.Best of all, the recently expired Development Approval provides buyers with a fantastic head start, with all plans and documentation included in the sale.Need time to get the development underway but still want immediate cash flow? You're in luck. The property is currently leased at $850 per week until February 2028, offering secure income while you plan your next move.You may even decide to simply landbank the site and continue enjoying the rental return, with the development opportunity sitting ready in your back pocket.The existing home is a well-presented 3-bedroom, 1-bathroom property offering comfort, functionality and low-maintenance living.As you enter the home, through the laundry, you're welcomed by an open-plan kitchen and dining area that flows seamlessly into the spacious living zone perfect for everyday living and entertaining alike. Natural light fills the home, while practical finishes make the space both comfortable and functional.Each of the three bedrooms is equipped with split-system air conditioning for year-round comfort, complemented by ceiling fans throughout. The modern bathroom has been tastefully updated, creating a fresh and contemporary feel.Outside, the large fully fenced yard wraps around the home, providing ample room for outdoor living, storage or future possibilities. Dual access gates allow easy access around the property, while the front deck creates the perfect spot to unwind and enjoy the Pilbara sunsets. A small storage shed and undercover carport complete the package.PROPERTY FEATURES:802m2 block3 spacious bedrooms1 modern bathroomSplit-system air conditioning throughoutCeiling fansOpen-plan kitchen and dining areaLarge living areaFully fenced yardDual access gatesUndercover carportFront deck entertaining areaStorage shedLow-maintenance propertyLeased at $850 per week until February 2028Previously approved for 6 dwellings (2 X 2)Development plans included in saleWhether you're a developer looking for your next project, an investor wanting strong holding income, or a buyer searching for future potential in a high-demand market this is an opportunity not to be missed.