5/7 Palmerston Street, Northbridge, WA 6003 | Property Value & History | OnTheHouse
OFF MARKET

5/7 Palmerston Street
Northbridge WA 6003

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 5/7 Palmerston St, Northbridge

5/7 Palmerston St, Northbridge is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Perth

Last Listing description (January 2024)

Looking to start your own retail business or office in the heart of Northbridge? Look no further than 5&7 Palmerston Street, Northbridge - the best location in town!

This impressive retail/office space is located at heart of Northbridge and represents a fantastic opportunity for the next business.

The property is extremely versatile and suitable for a variety of uses, including retail, medical/consulting, showroom, beauty studio or straight office. The space is open plan and boasts great lighting throughout. It features a ground floor tenancy with frontage to Palmerston Street and is air conditioned for your comfort.

The office configuration is an open plan area, complete with a kitchenette and two private toilet facilities. The property also includes two (2) car bays, which are conveniently located within gated access to car parking areas.

Located just steps away from the park land of Russell Square and James St Northbridge, this property is in a convenient lifestyle location. Easy customer parking is also available via nearby car parks and easy on-street parking.

The offering comprises 94 m2* of ground floor office accommodation, which is accompanied by two (2) car bays. The property also provides easy access to the freeway and the CBD.

Features:
- Boutique mixed use building
- Great lighting throughout
- Ground floor tenancy
- Frontage to Palmerston Street
- Office configuration: open plan area
- Air conditioned
- Kitchenette
- Private toilet facility x 2
- Two (2) car bays
- Gated access to car parking areas
- Easy access to freeway
- Easy access to CBD
- Convenient lifestyle

Size:
No. 5 : Internal 50m2
No. 7: Internal 44m2

Rate:
Council rate:
No. 5: $1370 annually
No. 7: $1338 annually

Strata Levy:
No. 5: 818.92 quarterly
No. 7 : $686.83 quarterly

Don't miss out on this rare opportunity to start your own business in the heart of Northbridge! Contact us today to arrange an inspection.

* Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgments about the information included in this document. Stage Property provides this document without any express or implied warranty as to its accuracy. Any reliance placed upon this document is at the client's own risk. Stage Property accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a client.

Property History for 5/7 Palmerston St, Northbridge, WA 6003

A timeline of how this property has performed in the market
  • 02 Nov 2023
    Listed for Sale Contact Agent
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About Northbridge 6003

The size of Northbridge is approximately 0.4 square kilometres. There are 3 parks, covering nearly 7.2% of the total area. The population of Northbridge in 2016 was 1307 people. By 2021 the population was 1420 showing a population growth of 8.6% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation.In 2021, 31.10% of the homes in Northbridge were owner-occupied compared with 34.00% in 2016.

Northbridge has 1,313 properties. Over the last 5 years, Houses in Northbridge have seen a 57.13% increase in median value, while Units have seen a 62.32% increase. As at 30 April 2026:

  • The median value for Houses in Northbridge is $1,118,824 while the median value for Units is $724,444.
  • Houses have a median rent of $565 while Units have a median rent of $730.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Northbridge on OnTheHouse. According to Cotality's data, 71 properties were sold in the past 12 months in Northbridge.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.