Tom Price WA 6751
Price on Application
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1 Bedroom
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2 Bathrooms
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Landsize 888m2
House
Two-path opportunity: Vacant Possession or Secure a High-Yield Lease
A rare chance to acquire a well-positioned commercial asset with clear flexibility on day one:
Option A - Vacant Possession: ideal for an owner-occupier or buyer wanting to reposition / re-tenant on their own terms.
Option B - Keep the Existing Tenant: the current tenant has indicated an intention to continue, providing the opportunity for a strong, income-focused investment.
Lease Opportunity (if retained)
Rent: $1,859 per week + GST + Outgoings
Rent reviews: CPI (4% p.a.)
Structured, commercial terms suitable for investors seeking reliable cash flow.
Why this stands out
Proven trading location with an established operator and long-standing local presence
Investor-grade returns in a market where yield is increasingly hard to secure
Owner-occupier upside with the ability to secure vacant possession (subject to lease conditions)
The current owners are based in Perth, with the tenant operating locally in Tom Price, making this a straightforward transaction for buyers nationwide.
Enquire today for the Information Memorandum, lease details, and inspection times.
Property features
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Air conditioned
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Toilets
2
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Floor area
240m2
Property snapshot by reiwa.com
This Tom Price property is a one bedroom, two bathroom house listed for sale by Jason van Straalen at Milestone Realty Dalkeith Nedlands.
For more information about Tom Price, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Tom Price profile page.
If you would like to get in touch with Jason van Straalen regarding this property, please call 0579 088 848 or contact the agent via email.
Cost breakdown
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Council rates: $3,784 / year
Tom Price overview
Tom Price is an iron mining town in the Pilbara region, 1458 kilometres north northeast of Perth and 89 kilometres north of Paraburdoo. Following the discovery and development of the iron mining industry in this area in the 1960s, a private townsite named Tom Price was established by Rio Tinto Southern Pty Ltd. It was officially named Tom Price Townsite in 1967, but was not a gazetted townsite until 1985. The townsite derives its name from Mount Tom Price, a mountain in the Hamersley Range named in 1962. The name Mount Tom Price was proposed by Rio Tinto Southern Pty Ltd after the late Mr Tom Price, a colleague of theirs who was involved in iron ore negotiations with the Premier of Western Australia in 1961. Mr Price was highly regarded and played an important role in the eraly development of the iron mining industry in the Pilbara.
Tom Price quick stats
High end
$938k
Median
$825k
Low end
$753k
20.4%
Annual growth
$825k
Annual median sales price
$1,350pw
Annual median rental price
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