Sold
8 Cogelup Way, Tom Price WA 6751
Sold price: $849,000
Sold: 22 Aug 2023
Sold
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3 Bedrooms
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2 Bathrooms
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1 Car
House
View
Profitable and Stylish: 3-Bedroom Investment Property in Tom Price
Welcome to an exceptional investment opportunity at 8 Cogelup Way, Tom Price! This attractively renovated 3-bedroom, 2-bathroom house is now available for sale. With a price guide of Offers Circa $849,000 - $104,000 p/a Income with a 3 year lease, this property stands out as a profitable investment.
Step into this modern haven to find a spacious, open-plan living and dining area that's perfectly designed for entertaining or simply unwinding. The kitchen area, equipped with high-quality stainless steel appliances, ample storage, and a practical breakfast bar, blends functionality with modern design.
The property also houses a versatile games room or additional living area and includes air conditioning for year-round comfort. Practical features such as a separate laundry room and an enclosed carport for secure parking are also included.
Outside, the property showcases a substantial outdoor entertaining area complete with a covered patio, and a low-maintenance garden - perfect for entertaining guests.
Situated in the scenic town of Tom Price, this property enjoys an advantageous location with easy access to local amenities, schools, and recreational facilities. This investment opportunity, combined with the serenity and community spirit of Tom Price, makes it a wise choice for investors.
Property features
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Garages
1
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Toilets
1
Property snapshot by reiwa.com
This property at 8 Cogelup Way, Tom Price is a three bedroom, two bathroom house sold by Jason van Straalen at Milestone Realty Dalkeith Nedlands on 22 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
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