FOR SALE
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7/106 Norma Road
Booragoon WA 6154

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 314m2
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Are you looking to add to your property investment portfolio?
Do you have funds in your SMSF and looking to invest into quality property in a great location?
Are you looking for a sound investment with proven capital growth and solid rent returns?
Diamond Realty are Proud to Present 7/106 Norma Road, Booragoon to the Market For Sale.
This property is located in the tightly held Booragoon/Myaree Commercial Precinct surrounded by great businesses and within easy access to major arterial routes.
The owner has occupied the space for 22 years and is looking to sell the property and lease back for 3 years plus a 3 year option.
Generous Lease Terms and Rent information will be provided on request and it is anticipated all the variable outgoings will be paid by the Lessee over and above the rent.
The Building is set on a 314sqm Strata Lot and includes a good mix of Office / Display Area, Warehouse Space and Car Parking.
The property includes a substantial fit out comprising a welcoming Reception Area,
a Board Room, Display Room, 6 Spacious Partitioned Offices, Server Room and a Large Warehouse with Good Roller Door access.
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Property Details for 7/106 Norma Rd, Booragoon

Building Type
Commercial
Floor Size
314m2

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About Booragoon 6154

The size of Booragoon is approximately 3.1 square kilometres. It has 13 parks covering nearly 15.3% of total area. The population of Booragoon in 2011 was 5,461 people. By 2016 the population was 5,528 showing a population growth of 1.2% in the area during that time. The predominant age group in Booragoon is 10-19 years. Households in Booragoon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Booragoon work in a professional occupation. In 2011, 79.3% of the homes in Booragoon were owner-occupied compared with 78.2% in 2016.

Booragoon has 3,040 properties. Over the last 5 years, Houses in Booragoon have seen a 56.99% increase in median value, while Units have seen a 57.02% increase. As at 30 September 2024:

  • The median value for Houses in Booragoon is $1,420,286 while the median value for Units is $750,400.
  • Houses have a median rent of $875 while Units have a median rent of $630.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Booragoon on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Booragoon.

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Mick Minutillo
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Diamond Realty
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