OFF MARKET

250 Fitzgerald Street E
Northam WA 6401

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 673m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low
High
Share
Save

Property Details for 250 Fitzgerald St E, Northam

Building Type
Commercial
Land Size
673m2
Local Government
Northam
Lot/Plan
23/P000697

Last Listing description (November 2017)

Our motivated seller has authorised a massive $50 000 reduction in the asking price. Was $250 000. Now $200 000. May be sold GST-free if deemed to satisfy the ATO's Going Concern principle.
Northamites, do you remember this building as the premises where Wooltorton's Bakery once traded? Sadly the historic oven is gone when the old bake-house portion of the building was demolished. However, now there's a beautiful patch a vacant land ready for a rear facing development.
The building comprises 2 shop units on one lot of land, ie on one title deed. Clearly Shop 250 is older than Shop 252 as its brick parapet wall above the cantilevered front verandah suggests it was constructed in the Federation era between the late 1800s to 1920s.

The retail section of Shop 250 appears to be 5m wide by 17m deep, ie about 85sqm. However, it extends beyond the retail area including filled-in verandahs to incorporate residential accommodation (kitchen, lounge/bedroom, bathroo,, laundry, toilet). Shop 252 appears to be 5m wide by 12.5m deep, ie about 62sqm.
Formal lease agreements are not in place. There's a gentlemen's agreement between the landlord and tenants for the rent charged. The building has a gross income of approximately $9 658pa. Outgoings by way of water, sewer, Shire rates and insurance are about $4 483pa.
The land area is 673sqm having dimensions of 10m x 64m zoned for Commercial use and has dual frontage; Minson Avenue and the Avon River are adjacent the rear boundary.
Vacant possession at settlement can be offered by the seller if required by the buyer.
There's no hiding that this building is aged and ready for a makeover. The seller recognises the fact, hence the price reduction.

Show More

Property History for 250 Fitzgerald St E, Northam, WA 6401

A timeline of how this property has performed in the market
Last Sold
$165,000
15 Nov 2017
  • 15 Nov 2017
    Sold for $165,000
  • 16 Jul 2017
    Listed for Sale $200 000
  • 31 Oct 2015
    Listed for Sale $250,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

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 4,242 properties. Over the last 5 years, Houses in Northam have seen a 130.34% increase in median value, while Units have seen a 18.89% increase. As at 30 September 2024:

  • The median value for Houses in Northam is $363,568 while the median value for Units is $207,175.
  • Houses have a median rent of $450 while Units have a median rent of $280.
There are currently 29 properties listed for sale, and no properties listed for rent in Northam on OnTheHouse. According to CoreLogic's data, 263 properties were sold in the past 12 months in Northam.

Northam Profile Page

Suburb Insights for Northam 6401

Visit Northam profile page
Market Insights
Northam Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Northam Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Northam profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED