250-252 Fitzgerald Street ENortham WA 6401
Property Details for 250-252 Fitzgerald St E, Northam
250-252 Fitzgerald St E, Northam is a 1 bedroom, 1 bathroom House. The property has a land size of 673m2.
Last Listing description (January 2018)
Our motivated seller has authorised a massive $50 000 reduction in the asking price. Was $250 000. Now $200 000. May be sold GST-free if deemed to satisfy the ATO's Going Concern principle.
Northamites, do you remember this building as the premises where Wooltorton's Bakery once traded? Sadly the historic oven is gone when the old bake-house portion of the building was demolished. However, now there's a beautiful patch a vacant land ready for a rear facing development.
The building comprises 2 shop units on one lot of land, ie on one title deed. Clearly Shop 250 is older than Shop 252 as its brick parapet wall above the cantilevered front verandah suggests it was constructed in the Federation era between the late 1800s to 1920s.
Formal lease agreements are not in place. There's a gentlemen's agreement between the landlord and tenants for the rent charged. The building has a gross income of approximately $9 658pa. Outgoings by way of water, sewer, Shire rates and insurance are about $4 483pa.
The land area is 673sqm having dimensions of 10m x 64m zoned for Commercial use and has dual frontage; Minson Avenue and the Avon River are adjacent the rear boundary.
Vacant possession at settlement can be offered by the seller if required by the buyer.
There's no hiding that this building is aged and ready for a makeover. The seller recognises the fact, hence the price reduction.
Property History for 250-252 Fitzgerald St E, Northam, WA 6401
- 01 Jun 2015Listed for Sale $200 000
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0About Northam 6401
The size of Northam is approximately 26.8 square kilometres. There are 24 parks, covering nearly 6.8% of the total area. The population of Northam in 2016 was 6548 people. By 2021 the population was 6679 showing a population growth of 2.0% in the area during that time. The predominant age group in Northam is 60-69 years. Households in Northam are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Northam work in a trades occupation.In 2021, 66.60% of the homes in Northam were owner-occupied compared with 64.20% in 2016.
Northam has 4,278 properties. Over the last 5 years, Houses in Northam have seen a 134.64% increase in median value, while Units have seen a 67.05% increase. As at 30 June 2026:
- The median value for Houses in Northam is $519,697 while the median value for Units is $386,946.
- Houses have a median rent of $550 while Units have a median rent of $315.
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