48 Norman St, St James is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1971. The property has a land size of 687m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in St James in the last 12 months.
Do not hesitate to investigate this rare investment/development opportunity, offering a well presented, 3 bedroom, standalone home in excellent condition, appealing for both owner/occupier and well paying Tenants alike.48 Norman Street is a well positioned, elevated 687 m2 zoned R60 development site in a high growth 'increased density pocket' of popular St James.Enjoy strong rental yields with 1st class sitting Tenants on a lease until the end of April, willing to negotiate a longer term lease, while currently taking impeccable care and maintaining pristine condition of the property.Few investment/development opportunities tick all the boxes like this one. Buy and hold for the short to midterm and/or aim to produce brand-new property in an acute demand market, renting out with strong yield, while you plan and approve your development. Either/or, 48 Norman Street, Offers a first class, inner urban, Perth Investment, priced fairly in the midst of a high demand market with scarcity of choice. Ultimately, 48 Norman Street provides abundance of all concerned.Call Julian for information/inspection 0419 936 202.
The size of St James is approximately 1.7 square kilometres. It has 11 parks covering nearly 2.1% of total area. The population of St James in 2011 was 4,532 people. By 2016 the population was 4,894 showing a population growth of 8.0% in the area during that time. The predominant age group in St James is 20-29 years. Households in St James are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St James work in a professional occupation. In 2011, 49.4% of the homes in St James were owner-occupied compared with 50.6% in 2016.
St James has 2,538 properties.
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