View
BIG ( 1366 sqm, R60 - 8+ unit site), DEVELOPMENT POTENTIAL.
OFFERS CLOSE by 5pm (COB) , FRIDAY 23rd of OCTOBER
Now here's an opportunity, dare I say it... "rarer than ice in a sauna"
Should you secure this once in a generation, inner city, land opportunity, be assured of aquiring one of the most valuable, versatile and uniquely located premium sized parcels of elevated land, anywhere in either of state or nation.
Where else can you find elevated, 8+ unit site potential, this close to everything in Perth (i.e. 8km to CBD - 10-15 mins 'Door to Door' to the airport terminal and Perth hills) ?
Time to do the 'back o' the napkin' math and talk to us about the possibility of likely returns from optimising this great land and location potential, developing this premium site alongside a unique time of high demand, government stimulus and low rates.
I/we can assist with any or all of the possibilities on offer here or with a great sitting/caretaker tenant taking great care of both house (a quality 1950 built, 3 bed home in great condition and worthy of restoration/renovaton and/or extension/s) and lot, simply 'buy and hold' for the long term, as there's little doubt,
46 norman street, St James is, in every sense,
"a sound mid-long term, premium (house and 'land bank') investment"
Buyer's/investors/developers are encouraged to call and discuss development and improvement possibilities, including costing for development.
Relevant site and amenities information is available upon request"
Call Julian (0419936202) for further information/inspection
OFFERS CLOSE by 5pm (COB) , FRIDAY 23rd of OCTOBER
Property features
-
Carports
2
-
Floor area
120m2
Property snapshot by reiwa.com
This property at 46 Norman Street, St James is a three bedroom, one bathroom house sold by Julian Leach at Verse Property Group on 26 Oct 2020.
Looking to buy a similar property in the area? View other three bedroom properties for sale in St James or see other recently sold properties in St James.
Cost breakdown
-
Council rates: $1,455 / year
-
Water rates: $1,076 / year
Nearby schools
St James overview
Are you interested in buying, renting or investing in St James? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle St James offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. You can also see median and current sales prices for houses and units, as well as sales activity and growth rates.
St James quick stats
High end
$850k
Median
$690k
Low end
$591k
12.2 %
Annual growth
$690k
Annual median sales price
$625pw
Annual median rental price
