15 Peel TerraceNortham WA 6401
Property Details for 15 Peel Tce, Northam
Last Listing description (November 2024)
Rarely does this type of investment opportunity present itself to the market.This property is leased to a well established long term corporate tenant. The tenant is a market leader in agribusiness for over 180 years and has been the lessee of the property for over 30 years.The property is located in a high traffic flow area of Northam and is a well recognised building in the region.The property consists of substantial showroom and office space, warehouse, wash down bay and chemical store shed with adequate staff and client car parking.Northam is a regional centre and services a much broader area of the wheatbelt. Northam has an array of services available:Major banksAldi, Coles, WoolworthsPrivate and public and secondary schoolsPrivate and public doctorsDentistsAged care facilitiesModern sporting and recreational facilities and much much moreFor further information on the property contact Maria on 0438 466 426
Property History for 15 Peel Tce, Northam, WA 6401
- 17 Sep 2024Listed for Sale Offers over $675,000
- 09 Sep 2024Sold for $580,000
- 09 Sep 2024Sold for $580,000
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0About 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 4,252 properties. Over the last 5 years, Houses in Northam have seen a 144.37% increase in median value, while Units have seen a 47.85% increase. As at 30 November 2024:
- The median value for Houses in Northam is $390,613 while the median value for Units is $241,822.
- Houses have a median rent of $470 while Units have a median rent of $325.
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