SOLD
Sold on 09 Oct 2024 for $400,000

1/62 Fitzgerald Street
Northbridge WA 6003

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 97m2
Land area: 111m2
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Property Details for 1/62 Fitzgerald St, Northbridge

Building Type
Commercial
Year Built
1996
Floor Size
97m2
Land Size
111m2
Local Government
Perth
Lot/Plan
16/S031749

Last Listing description (December 2024)

RWC WA is pleased to offer for sale or lease this ground floor commercial suite, situated at the intersection of Fitzgerald Street and John Street, Northbridge.

The property offers exceptional exposure to over 27,000* passing vehicles per day plus the convenience of frequent bus services and close proximity to Perth CBD and Kings Square.

The opportunity:

Ground floor commercial suite
Area 97sqm
Functional fit out
Exclusive use kitchen amenities
Common bathroom facilities
1 secure basement car bay
Zoned 'City Centre' as per the City Of Perth Local Planning Scheme No. 2
Easy access to major arterial roads including Mitchell Freeway, Roe Street, Railway Street, Wellington Street and Charles Street
Ample on street and nearby parking options
Blue Cat bus stop directly in front (Fitzgerald Street)

Available with vacant possession, ideal for owner occupiers.

Sale: $450,000 Excl GST
Lease: $18,000pa net Excl GST
Outgoings: $12,044.96pa (2024/25 Budget Estimate)
Car bay: 1 car bay at $250 per calendar month plus GST plus DOT levy

For further information or to arrange an inspection please contact the agent:

Luke Pavlos
RWC WA
0408 823 823
luke.pavlos@raywhite.com

*Approx

Property History for 1/62 Fitzgerald St, Northbridge, WA 6003

A timeline of how this property has performed in the market
Last Sold
$400,000
09 Oct 2024
Listed for Rent
$287/w
19 Jul 2023
  • 10 Oct 2024
    Listed for Sale UNDER OFFER
  • 09 Oct 2024
    Sold for $400,000
  • 31 Jan 2023
    Listed for Sale Contact Agent
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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.

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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.