FOR SALE
$500,000

5 Palmerston Street
Northbridge WA 6003

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 94m2
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Start Your Own Retail Business or Office in the Heart of Northbridge

Looking to start your own retail business or office in the heart of Northbridge? Look no further than 5&7 Palmerston Street, Northbridge - the best locatioLooking to start your own retail business or office in the heart of Northbridge? Look no further than 5&7 Palmerston Street, Northbridge - the best location in town!
This impressive retail/office space is located at heart of Northbridge and represents a fantastic opportunity for your next business.
The property is extremely versatile and suitable for a variety of uses, including retail, medical/consulting, showroom, beauty studio or straight office (subject to council approval). The space is open plan and boasts great lighting throughout. It features a ground floor tenancy with frontage to Palmerston Street and is air conditioned for your comfort.
Located just steps away from the park land of Russell Square and James St Northbridge, this property is in a convenient lifestyle location. Easy customer parking is also available via nearby car parks and easy on-street parking.
The offering comprises 94 m2 of ground floor office accommodation. The property also provides easy access to the freeway and the CBD.
Features:
- Boutique mixed use building
- Great lighting throughout
- Ground floor tenancy
- Frontage to Palmerston Street
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Property Details for 5 Palmerston St, Northbridge

Building Type
Commercial
Floor Size
94m2

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About Northbridge 6003

The size of Northbridge is approximately 0.4 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Northbridge in 2011 was 1,007 people. By 2016 the population was 1,290 showing a population growth of 28.1% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation. In 2011, 28.8% of the homes in Northbridge were owner-occupied compared with 34% in 2016.

Northbridge has 1,311 properties. Over the last 5 years, Houses in Northbridge have seen a -9.51% decrease in median value, while Units have seen a 37.98% increase. As at 30 November 2024:

  • The median value for Houses in Northbridge is $660,656 while the median value for Units is $558,200.
  • Houses have a median rent of $398 while Units have a median rent of $673.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Northbridge on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Northbridge.

Suburb Insights for Northbridge 6003

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Sam Chen
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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.