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SOLD and Unconditional - UNDER OFFER
SOLD - 1027 SQm on R40 with Reputable, Childcare provider tenant.
leased for 2.5 years with 5 + 5 option/s to follow.
Fit for long term, future development potential with currently, up to 12 years of secure, strong 5% approx', yield.
Resplendid with upgrade and improvements, recently installed by the new business owners (Nature Vs Nurture), you can be assured that in purchasing this great (1027 SQm) piece of level, recently re-zoned (R40) land, with newley renovated Childcare improvements, licenced to carry 28 children per day, that a robust business providing a dependable rental income is set to maintain and support your interest in arguably one of the best land parcells inside 10Km (only 8km) from the CBD protecting your investment in one of the most dependable growth suburbs anywhere in Perth, upwardly mobile, St James.
A purpose built Childcare venue for multiple decades, 56 Victoria street will no doubt continue to provide the community sanctuary and respite for years to come, while all the wihile, caretaking a prime quarter acre+ of up to x4 unit site, development potential for the future.
Call Julian (0419936202) or email [email protected] for information and / or inspection. (Viewings by Appointment). Genuine, investor/buyers only please.
Property features
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Air conditioned
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Garages
1
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Floor area
130m2
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Patio
Property snapshot by reiwa.com
This property at 56 Victoria Street, St James is a four bedroom, two bathroom house sold by Julian Leach at Verse Property Group on 31 Mar 2021.
Looking to buy a similar property in the area? View other four bedroom properties for sale in St James or see other recently sold properties in St James.
Cost breakdown
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Council rates: $3,295 / year
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Water rates: $3,072 / 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
$790k
Median
$661k
Low end
$587k
14.0 %
Annual growth
$661k
Annual median sales price
$630pw
Annual median rental price
