FOR SALE
10 Year Lease - $78k p/y Income

Stadium Road
Tom Price WA 6751

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 888m2
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Leased Investment with Long Term Successful Tenant

Super Successful Business with a Captive Audience as a Tenant.
With almost 20 years of trading through the Good, the Bad and the Ugly times, this successful tenant is here to stay, and this investment gives you the rate of return you so crave, but are like Unicorns in the current market.
The current property owners are based in Perth, and the Tenant is based in Tom Price.
Please note, this is the freehold property for sale only; the tenant's thriving business has a fixed term 6 x 5-year lease to run and is only one year into their current term with the 5-year option at the end of the current period remaining.

Property Details for Stadium Rd, Tom Price

Building Type
Land
Land Size
888m2

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About Tom Price 6751

The size of Tom Price is approximately 73.8 square kilometres. It has 5 parks covering nearly 1.5% of total area. The population of Tom Price in 2011 was 5,460 people. By 2016 the population was 2,988 showing a population decline of 45.3% in the area during that time. The predominant age group in Tom Price is 30-39 years. Households in Tom Price are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Tom Price work in a trades occupation. In 2011, 11.2% of the homes in Tom Price were owner-occupied compared with 7.6% in 2016.

Tom Price has 1,609 properties. Over the last 5 years, Houses in Tom Price have seen a 160.03% increase in median value, while Units have seen a 5243.64% increase. As at 30 November 2024:

  • The median value for Houses in Tom Price is $616,285 while the median value for Units is $5,299,126.
  • Houses have a median rent of $1,700.
There are currently 5 properties listed for sale, and 6 properties listed for rent in Tom price on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Tom price.

Suburb Insights for Tom Price 6751

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Contact agent
Jason Van Straalen
Milestone Realty Dalkeith Nedlands
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.