Opportunity to secure a blue-chip asset at rock-bottom price.
Yes, large, double-block in prime Northam location with DEVELOPMENT OPPORTUNITY and a large historic home to boot.
Owner instructions are to sell without profit. She says, "I want enough to pay the mortgage out, cover agent and legal cost and be prepared to forego any profit margin".
Widowed and now living interstate with family, the owner explains, "These may be strange times but interest rates are at a record low and its an absolute buyer's market. For someone looking for a unique and solid investment at rock-bottom price, you can't go past 80 Gordon Street Northam. It has so much to offer as a house/land/development package."
What does 80 Gordon Street have to offer?
* Subdivision, double block of approximately 2682 m2, Multi Lot Title, Zoned R30 allowing opportunity for smart property development. Opportunity for subdivision up to 6 blocks.
* Location, location. location at top of the hill that is prestigious, historic and secure.
* Historic Federation home of significance, circa 1902. Ideal as family home or commercial venture such as a B and B, conference or wedding venue. Includes high ceilings, jarrah floorboards, ballroom with crystal chandeliers, leadlight windows, large caterer's kitchen, salt-water in-ground pool with outdoor kitchen and toilet facilities, original ceiling to floor, folding cedar doors ready for renovation
* Undercroft comprises large office and living area. Includes access to the underground spring.
* Size does matter, large home on large double-block able to be sub-divided with investment opportunity. Look around - there's nothing at all that compares.
Please note that the home is now unfurnished
Private inspection can be arranged by contacting either Michelle on 0417 934 938 or Maria 0438 466 426.
This property at 80 Gordon St, Northam is a three bedroom, two bathroom house sold by Michelle Allardyce and Maria Finnigan at Elders Real Estate on 07 Jun 2020.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Northam or see other recently sold properties in Northam.
Are you interested in buying, renting or investing in Northam? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Northam 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.