Sold
48 Norman Street, St James WA 6102
Sold price: $750,000
Sold: 18 Mar 2024
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 687m2
House
View
High Quality, (Zoned R60), Investor/Developer opportunity
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.
Property features
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Air conditioned
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Carports
1
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Floor area
110m2
Property snapshot by reiwa.com
This property at 48 Norman Street, St James is a three bedroom, one bathroom house sold by Julian Leach at Verse Property Group on 18 Mar 2024.
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.
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
$800k
Median
$668k
Low end
$587k
11.3 %
Annual growth
$668k
Annual median sales price
$550pw
Annual median rental price
