5 Thomson Street, Northam WA 6401

Great Investment Opportunity

Rare opportunity to acquire a six-unit strata complex in a prime Northam townsite position.

An established apartment village of six residential units constructed in 1975 by then renowned local builders Dietrich Bros. The complex features a single-storey, double-cluster layout (three units per cluster) of solid brick and tile construction.

The property is held under a Strata Scheme with each unit a separate strata lot of approximately 77sqm floor area. Each unit includes a front porch, lounge/meals/kitchen area, two bedrooms (one with built-in robe), bathroom, toilet, laundry, private rear courtyard, room air conditioner, electric stove, and hot water unit.

A central driveway separates the two clusters with six carports located at the rear on a generous 1,619sqm strata-titled landholding.

All six units are currently tenanted with one due to become vacant shortly and expected to re-let with ease. Current gross rental return is approximately $300 per week per unit with one unit already increased to $330 per week and three others scheduled to rise to $330 per week in October/November 2025.

The location is exceptionally central within the Northam townsite:

- approx. 320m to the Northam Lawn Bowls Club and Northam Health Service
- approx. 360m to the Medical Centre and Pharmacy
- under 700m to Forrest Street Liquor & General Store and Apex Park & Avon River foreshore

The property is offered as one englobo parcel of six lots at $1,650,000 — equating to a notional price of $275,000 per unit.

Images were enhanced during the editing process removing tenant’s personal effects from view.

The above description has been compiled from historical or archived data and/or images. While every effort has been made to ensure accuracy, no warranty is given. Prospective purchasers must satisfy themselves as to the correctness of all information through personal inspection and due diligence.

When requesting an inspection, please allow adequate notice, as consent to enter must be obtained from multiple tenants.

Contact Steve Hill, Courtney Hughes or Tash Brennan today to arrange a private inspection.