With a 920sqm R30 zoned block, a potential five bedroom floorplan and a secure rental arrangement already in place, this Thomson Street property presents an opportunity to secure a sizeable home with options beyond the immediate return.
Currently in a fixed term lease until May 2027 at $650 per week, the property offers investors an established income stream from settlement, without the need to find a tenant. For those considering a future move, the fixed term agreement also provides time to plan for what comes next.
The home offers four bedrooms plus a separate multipurpose room, making the most of its generous floorplan. The main bedroom is positioned separately at the front, complete with a walk in robe, ensuite and its own toilet. Three further bedrooms are fitted with built in robes and share the main bathroom, which includes a bath. A separate laundry, additional toilet and linen storage complete the accommodation.
Living spaces are spread throughout the home, beginning with a separate lounge at the front before moving through to the central kitchen, dining and family area. The kitchen is positioned to overlook the main living space and features a gas cooktop and electric oven. Ducted evaporative air conditioning services the home, with electric hot water also in place.
The additional room is a real advantage, offering the flexibility to accommodate a fifth bedroom, work from home setup, children's retreat, games room or hobby space without compromising the existing living areas.
Outside, vehicle access and storage are well catered for. The double carport has direct entry to the kitchen while the additional parking and drive through access provide room for extra vehicles, trailers or recreational equipment. The backyard includes a large covered entertaining area and garden shed with established, low maintenance grounds.
Having been held as a long term investment, the property offers a functional home with plenty of scope for a new owner to make cosmetic improvements at their own pace should they wish. The combination of block size, zoning, floor plan and rental income gives buyers a few different ways to approach this purchase.
Priced at $675,000, this is an opportunity to secure a well sized property with an income already coming in and plenty of flexibility for the years ahead.
Please allow 48 - 72 hours notice for inspection requests.
Contact Tash Brennan or Amitee Anderson today.
This property at 16 Thomson Street, Northam is a four bedroom, two bathroom house listed for sale by Tash Brennan and Amitee Anderson at Hollett & Lawrance First National Real Estate.
For more information about Northam, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Northam profile page.
If you would like to get in touch with Tash Brennan or Amitee Anderson regarding 16 Thomson Street, Northam, please call Tash on 0484 731 027 or call Amitee on 0436 446 733, or contact the agent via email.
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