Sold
403 Acalypha Street, Tom Price WA 6751
Sold price: $400,000
Sold: 07 Aug 2023
Sold
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3 Bedrooms
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1 Bathroom
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Landsize 994m2
House
View
SOLD WITH BRETT PHILP AT REALMARK!
An ideal, investment opportunity with a $1000 per week return / $52,000 pa to a respected corporate tenant with a lease in place until 16th April 2024.
This stunning investment opportunity sits only two blocks from Tom Price's CBD, featuring solid brick 3 x 1 family home, large kitchen with stainless appliances, ducted reverse cycle air conditioning. All on a huge 994m2 site zoned R20, providing opportunity to build an additional dwelling, subject to council approvals. No neighbour’s to the back and one side, plus magical views from the doorstep. Perfect for future development potential.
Furthermore, a new highway is being built right now, between Karratha and Tom Price - Red Dog Highway providing significant additional future economic opportunities to the region.
Feature summary:
* New $1000 p/w lease - $52,000 pa return
* 3 good sized bedrooms with BIR's
* Near new hot water system
* Ducted reverse cycle air conditioning
* Huge rear yard
* Crown land to side and rear
* Easy access to store gear or build
* Quite location with views
* Two blocks from the town centre
* Stand out 994m2 site Zoned R20
Don't miss out on this one! Call Realmark's Residential Sales & Leasing Specialist Brett Philp on 0414 666 676 today.
Property features
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Floor area
127m2
Property snapshot by reiwa.com
This property at 403 Acalypha Street, Tom Price is a three bedroom, one bathroom house sold by Brett Philp at Realmark Commercial Pilbara on 07 Aug 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Tom Price or see other recently sold properties in Tom Price.
Nearby schools
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
$808k
Median
$510k
Low end
$453k
-23.3 %
Annual growth
$510k
Annual median sales price
$1,975pw
Annual median rental price
