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Lot 12, 327 Warara Street, Tom Price WA 6751

Sold price: $506,000 Sold: 14 Feb 2020
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • Landsize 2,792m2
House
Lot 12, 327 Warara Street, Tom Price WA 6751

Land and Development opportunity

This is a rare opportunity to build multiple residences on a 2792m² strata lot at the top end of town. With ten units from phase one completed and occupied, this second phase of vacant land includes two partially constructed units, as well as ten serviced undeveloped parcels ready for building. Complete and sell the units off individually, or retain as an investment for great potential rental return.
• Two partially constructed units
• 10 serviced vacant lots ready for construction
• Water, electrical & sewer services in place
• Located at the top end of town
• Shire approved plans for past constructions available to review
• Best opportunity to build and sell or invest
• Adjacent to established housing

Property snapshot by reiwa.com

This property at Lot 12, 327 Warara Street, Tom Price is a two bedroom, two bathroom house sold by Rob Sleator at Pilbara Real Estate on 14 Feb 2020.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Tom Price or see other recently sold properties in Tom Price.

Nearby schools

0.6km
Tom Price Senior High School
  • Secondary
  • Government
1.4km
Tom Price Primary School
  • Primary
  • Government
1.4km
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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 $850k
Median $685k
Low end $625k
4.6 %
Annual growth
$685k
Annual median sales price
$1,520pw
Annual median rental price

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FAQ's

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Lot 12, 327 Warara Street, Tom Price is a 2 bedroom, 2 bathroom house.

Lot 12, 327 Warara Street, Tom Price sold on 14/2/2020 for $506,000.
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