BHP and Hedland Maritime Initiative offering short-term leases in Port Hedland

BHP (ASX: BHP) and Hedland Maritime Initiative (HMI) have partnered to make 12 new properties available for short-term lease in Port Hedland’s West End in WA.

This will address the lack of affordable short-term accommodation in the area.

HMI acquired the properties under the Port Hedland Voluntary Buy-Back Scheme (PHVBS). A $259k donation from BHP will provide brand new furniture and get them ready for their first lease through local realtor Hedland First National.

The properties will be able to be leased for periods from five days up to three months.

HMI managing director Karlene Bylund says the funding from BHP was instrumental in securing the delivery of this service.

“The short-stay accommodation model will assist in addressing the current market challenges for short-stay accommodation in Port Hedland, particularly for small businesses and not-for-profit organisations,” she said.

“We’re thrilled that BHP has partnered with us on this project and has funded the furnishings of all 12 of the first properties we are putting out to the short-stay market.

“This contribution has secured the delivery of this much-needed service to Port Hedland.”

BHP general manager port Cindy Dunham commented on the partnership.

“It’s fantastic to see these short-term accommodation options open up and help take some pressure off the market,” she said.

“Short-stay availability in Hedland can be a challenge, so we are very pleased to partner with HMI to support this project.

“We hope these newly furnished properties will provide a comfortable stay for those visiting Port Hedland.”

BHP hopes the short-term accommodation options will support local economic outcomes and contribute to the long-term sustainability of the Hedland area.