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Large Block Ready to develop with Previously Approved Plans
With the surge in demand, housing is desperately needed in Tom Price to accommodate all the workers and their families.
The quicker you build, the faster you'll be enjoying very healthy returns.
· The block is currently 1540m2 and zoned R30 with R20 setbacks. Capable of holding 5 stand-alone dwellings
· Existing plans for 4 x 4x3 and 1 x 5x5 houses with DA (since expired) and full building plans/costs
· Costs confirmed with the builder to be the same or less than originally quoted
· Estimated rental price for 4x3 in the region of $1100-1200 per week with zero vacancy rate
· 2 blocks originally purchase (904 and 905) and while currently amalgamated into 1 large block, the option remains to split back into 2 blocks of 770m2 if so desired
· Ability to strata title all 5 blocks and sell individually
Don't hesitate to enquire today!
Listing snapshot by reiwa.com
This land listing located in Tom Price was sold by Jason van Straalen and Geoff Dunning at Milestone Realty Dalkeith Nedlands.
If you would like to get in touch with Jason van Straalen or Geoff Dunning regarding 905 Pilkena Street, Tom Price, please call Jason on 0479 088 848 or call Geoff on 0417 848 027, or contact the agent via email.
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
$825k
Median
$650k
Low end
$538k
-2.3 %
Annual growth
$650k
Annual median sales price
$1,950pw
Annual median rental price
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