FOR SALE
From $250,000

104 Fitzgerald Street
Northam WA 6401

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 52m2
Land area: 219m2
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Commercial Freehold Building

A small price to pay for a commercial freehold building at the busy 'night-life end' of Northam's main street.
The land is 219m2 in area zoned Town Centre by the Shire of Northam and has rear street access to Minson Avenue, the street running parallel to the Avon River, with ample public car parking, beautiful Bernard Park and its music sound shell and, not too far away, Rivers Edge Cafe.
The building is one of Northam's originals, being built in 1912 though not Heritage listed, and has a floor area of approximately 52m2. It currently receives rent of $15,600pa + GST and annual rent shall increase by 2.5 % on each of review dates.
The annual rates are approximately $1,868.05 pa to the Shire and $1,427.52pa to the Water Corporation plus water use .
The tenant's lease expires March 2027 and there is an option to renew for 3 years.
All outgoings paid by tenant exclude Building Insurance.
Note the building is not a house, does not contain a bedroom or bathroom as might be indicated elsewhere on this web page.

Property Details for 104 Fitzgerald St, Northam

Building Type
Commercial
Floor Size
52m2
Land Size
219m2

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About Northam 6401

The size of Northam is approximately 26.8 square kilometres. It has 24 parks covering nearly 6.8% of total area. The population of Northam in 2011 was 6,580 people. By 2016 the population was 6,572 showing a population decline of 0.1% in the area during that time. The predominant age group in Northam is 50-59 years. Households in Northam are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Northam work in a trades occupation. In 2011, 66.5% of the homes in Northam were owner-occupied compared with 64.2% in 2016.

Northam has 4,250 properties.

    There are currently 41 properties listed for sale, and 4 properties listed for rent in Northam on OnTheHouse. According to CoreLogic's data, 281 properties were sold in the past 12 months in Northam.

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