Reiwa Reiwa
48 Norman Street, St James WA 6102

48 Norman Street, St James WA 6102

Sold price: $750,000
Sold
Sold: 18 Mar 2024

3 Bedrooms

1 Bathroom

1 Car

Landsize 687m2

House

Contact the agent

Julian Leach

0419936202

Verse Property Group


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

  • Air conditioned  
  • Carports 1
  • Floor area 110m2

Nearby schools

Santa Clara School Primary Non-government 1.0km
Carson Street School Combined Specialist 1.2km
Bentley Primary School Primary Government 1.5km
Al-Hidayah Islamic School Primary Non-government 1.5km
Millen Primary School Primary Government 1.5km
St Joseph's School Primary Non-government 2.2km
St Norbert College Secondary Non-government 2.3km
Wilson Primary School Primary Government 2.3km
East Victoria Park Primary School Primary Government 2.3km
East Victoria Park Education Support Centre Primary Specialist 2.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4790734