87 Newcastle Rd, Northam, WA, 6401

Investment Opportunity – Corner Block Opposite Park & Walk to Hospital

House
Type
3
Bedrooms
1
Bathrooms

Last updated on Tuesday, March 10, 2026 ( See property details for 87 Newcastle Rd, Northam, WA, 6401)

$450,000

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87 Newcastle Rd
Northam, WA 6401
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87 Newcastle Rd — Vertical Aerial  •  Northam, WA 6401  •  Nearmap © 2026
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, solid 1960-built family home on a large corner block with excellent rental income and development potential in Northam, WA.

🏡 Property Highlights

  • Strong rental income of $470 per week with a fixed lease until August 2026
  • Generous 995m² corner block with R30 zoning offering future development potential (STCA)
  • Prime location directly opposite Rushton Park and close to Northam Hospital
  • Solid 1960-built fibro and tile home with spacious living areas
  • Easy-care floorboards throughout the property
  • Excellent outdoor entertaining with a rear patio and front verandah

✨ Key Features

  • 3 bedrooms
  • 1 bathroom
  • Ceiling fan & split system air-conditioning in main bedroom
  • Kitchen with gas stovetop/oven and pantry
  • Floorboards throughout
  • Linen press
  • Rear patio for outdoor entertaining
  • Front verandah
  • Established gardens
  • Side access to backyard

Northam is a vibrant regional centre offering excellent amenities, parks, and healthcare facilities. Its strategic location provides easy access to Perth, making it ideal for families and professionals. The area boasts established gardens, community services, and a friendly neighbourhood atmosphere. With strong rental demand and development opportunities, Northam is an attractive choice for investors and homeowners alike.

What is the current rental income and lease term?
The property is currently leased at $470 per week with a fixed lease until 25th August 2026.
What potential does the property have for future development?
The large 995m² R30 zoned corner block offers excellent potential for future development (STCA).
Are there any restrictions or approvals needed for development?
Development would be subject to council approval and compliance with local zoning regulations (STCA).
What are the key features of the home’s interior?
The home features three bedrooms, one bathroom, a spacious loungeroom, floorboards throughout, and a modern kitchen with gas appliances.
Is there outdoor space for entertaining?
Yes, the property includes a rear patio and a front verandah perfect for outdoor entertaining and relaxing.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been inspected for structural issues or asbestos, common in homes built in the 1960s? Are there any planned developments or construction projects nearby that could impact the property? What are the total ongoing costs, including council rates, water rates, and maintenance? Is the property compliant with current building codes and safety standards? Are there any flood or bushfire risks associated with the property’s location? What are the terms of the current lease, and are there any conditions that could change before settlement? Are there any strata or community titles involved, or is it a freehold property? Is the side access suitable for parking additional vehicles or a caravan? Are there any upcoming changes to zoning laws that could affect future development plans?

87 Newcastle Rd, Northam, WA, 6401 - More Details

Investment Opportunity – Corner Block Opposite Park & Walk to Hospital

Type
House
Bedrooms
3
Bathrooms
1

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