Near-New 4-Bedroom Investment in Tom Price
If you're looking for a high-income regional property with strong tenant appeal, this near-new 4-bedroom home deserves serious attention.
Only around three years old and offering an impressive $114,000 per annum in rental income, this is the kind of investment that gets straight to the numbers.
With Offers Circa $1.1 million, the property represents an indicative gross return of approximately 10.4% p.a., before outgoings and other ownership costs.
Designed for the demands of the Tom Price rental market, the home combines generous accommodation, modern finishes and low-maintenance living - exactly the kind of property sought by corporate, professional and workforce tenants.
Property highlights
$114,000 per annum rental income
Offers Circa $1.1 million
Near-new construction, approximately 3 years old
4 generous bedrooms
2 modern bathrooms
Spacious open-plan living and dining
Contemporary kitchen with ample storage and preparation space
Split-system air-conditioning for year-round comfort
Private outdoor area
Secure parking
Low-maintenance design
Modern finishes throughout
Strong appeal to corporate and professional tenants
Tom Price remains one of Western Australia's key Pilbara service and mining centres, with ongoing demand for quality accommodation from businesses, contractors, government departments and essential-service workers.
Modern, well-presented housing is particularly attractive in a market where tenants are often prepared to pay a premium for quality accommodation.
This property offers investors the opportunity to acquire a near-new, income-producing asset in a tightly held regional market, without the maintenance burden typically associated with much older housing stock.
At $114,000 per annum, this is more than just a residential property - it is a substantial income-producing investment.
Investment Snapshot
Price: Offers Circa $1.1 million
Rental Income: $114,000 p.a.
Equivalent Weekly Income: $2,200 per week
Indicative Gross Yield: Approximately 10.4% p.a.*
For further information, tenancy details or to arrange an inspection, contact Jason at Milestone Realty.
*Gross yield calculated on a $1.1 million purchase price and $114,000 annual rental income. Gross yield does not account for rates, insurance, management fees, maintenance or other ownership costs.
