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4/18 Pilkena Street, Tom Price WA 6751

Offers Circa $1.1m - Income $114,000 Per Annum
New
  • 4 Bedrooms
  • 3 Bathrooms
  • 2 Cars
  • Landsize 333m2
House
Added 4 days ago
4/18 Pilkena Street, Tom Price WA 6751

New 4 Bed 3 Bath Home - 3 Year Lease in Place

Near-New 4-Bedroom Investment in Tom Price

If you're looking for a high-income regional property with strong tenant appeal, this near-new 4-bedroom home deserves serious attention.

Only around three years old and offering an impressive $114,000 per annum in rental income, this is the kind of investment that gets straight to the numbers.

With Offers Circa $1.1 million, the property represents an indicative gross return of approximately 10.4% p.a., before outgoings and other ownership costs.

Designed for the demands of the Tom Price rental market, the home combines generous accommodation, modern finishes and low-maintenance living - exactly the kind of property sought by corporate, professional and workforce tenants.

Property highlights
$114,000 per annum rental income
Offers Circa $1.1 million
Near-new construction, approximately 3 years old
4 generous bedrooms
2 modern bathrooms
Spacious open-plan living and dining
Contemporary kitchen with ample storage and preparation space
Split-system air-conditioning for year-round comfort
Private outdoor area
Secure parking
Low-maintenance design
Modern finishes throughout
Strong appeal to corporate and professional tenants

Tom Price remains one of Western Australia's key Pilbara service and mining centres, with ongoing demand for quality accommodation from businesses, contractors, government departments and essential-service workers.

Modern, well-presented housing is particularly attractive in a market where tenants are often prepared to pay a premium for quality accommodation.

This property offers investors the opportunity to acquire a near-new, income-producing asset in a tightly held regional market, without the maintenance burden typically associated with much older housing stock.

At $114,000 per annum, this is more than just a residential property - it is a substantial income-producing investment.

Investment Snapshot

Price: Offers Circa $1.1 million
Rental Income: $114,000 p.a.
Equivalent Weekly Income: $2,200 per week
Indicative Gross Yield: Approximately 10.4% p.a.*

For further information, tenancy details or to arrange an inspection, contact Jason at Milestone Realty.

*Gross yield calculated on a $1.1 million purchase price and $114,000 annual rental income. Gross yield does not account for rates, insurance, management fees, maintenance or other ownership costs.

Property features

  • Garages 2
  • Toilets 3
  • Ensuite 1
  • Floor area 113m2

Property snapshot by reiwa.com

This property at 4/18 Pilkena Street, Tom Price is a four bedroom, three 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 4/18 Pilkena Street, Tom Price, please call 0479 088 848 or contact the agent via email.

Cost breakdown

  • Council rates: $3,784 / year
  • Water rates: $1,200 / year

Nearby schools

0.7km
Tom Price Senior High School
  • Secondary
  • Government
0.9km
1.1km
Tom Price Primary School
  • Primary
  • Government
Disclaimer

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 $925k
Median $765k
Low end $743k
11.7 %
Annual growth
$765k
Annual median sales price
$1,150pw
Annual median rental price

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FAQ's

There are currently no home opens scheduled for 4/18 Pilkena Street, Tom Price.

You can calculate your mortgage repayments using our mortgage calculator.

4/18 Pilkena Street, Tom Price is a 4 bedroom, 3 bathroom house.

The median house price in Tom Price is $765,000, the median unit price is $677,000.

4/18 Pilkena Street, Tom Price has been viewed 7 times on reiwa.com, and has appeared 712 times in reiwa.com search results.
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