16 Thomson Street, Northam WA 6401

An Established Investment with Plenty of Potential

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.