Concorde South - 10 Forrest Circle, South Hedland_Property for Sale
Concorde South - 10 Forrest Circle, South Hedland_Property for Sale

Concorde South - 10 Forrest Circle, South Hedland

10 Forrest Circle, South Hedland, WA, 6722, AU

Description

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:

- Fully-leased 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)

...

Attributes

Building area gross
57,888 sf

Media

Investment Highlights

  1. 77 strata titled apartment building
  2. Fully occupied
  3. $2.9mil forecast 25/26 net income


Concorde South - 10 Forrest Circle, South Hedland 4_Property for Sale
Concorde South - 10 Forrest Circle, South Hedland 4_Property for Sale

Contact brokers

Concorde South - 10 Forrest Circle, South Hedland (0 Properties)

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Last updated
22 Aug 2025