47 Wellington Street East, Northam WA 6401

Excellent Investment

This property offers exceptional investment value, situated on a spacious 1803 sqm lot in a prime location in the heart of East Northam. Strategic mixed-use zoning and existing infrastructure provide investors with the flexibility to develop a variety of projects. Whether you're looking to extend staff quarters, create new commercial space, undertake a mixed-use development, or expand your own business, this property shows tremendous potential in Northam's vibrant business district.

The current owner has submitted a WAPC application to the council, dividing the land into four sections, providing you with some good ideas. The goal is to retain the existing property while developing it into a more regular lot with a central driveway.

Property Overview:
Total Land Area: 1,803 sqm
Mixed-use Zoning; Interior Spaces

A) Auditorium: 212 sqm, featuring hardwood floors, elegant timber ceilings, and partitioned doors. Includes a rear-mounted wet and dry toilet and two separate storage areas, accessible from the rear. Basic renovations have been completed.

B) Rear Shed: Approximately 124 square meters total area, with a concrete floor and power supply, providing additional storage space or potential office space. Alternatively, it could be a large workshop or for industrial use.

The council rate is approximately $2,321 per year.

Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of these information, which is believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document. Interested parties should make independent enquiries and rely on their personal judgement to satisfy themselves in all respects.