FOR SALE
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11 East Parade
East Perth WA 6004

Bedrooms: -
Bathrooms: -
Car spaces: 16
Floor area: 953m2
Land area: 1184m2
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Prominent fringe CBD commercial building ready for your Occupation

RWC WA is please to offer for sale 11 East Parade, East Perth.
This two-level commercial building occupies a commanding position on Perth CBD fringe, situated at the intersection of Kensington Street and East Parade. The location benefits from exceptional exposure and is only 300 metres from the Graham Farmer Freeway providing direct access to major arterial roads servicing the whole of the Perth Metropolitan area. The location is well serviced with a eclectic mix of cafes and restaurants nearby, in addition to HBF and Optus Stadium and is in close proximity to public transport services.
The opportunity:
• Two level freehold commercial building
• Building area of 953.2sqm* comprising of 442.2sqm* to the ground level and 511sqm* to level one
• Land area: 1,183sqm*
• 16 open car bays
• Dual frontage with prominent exposure to Kensington and East Parade
• Good quality improvements providing flexibility for a variety of uses
• Vacant Possession Available
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Property Details for 11 East Pde, East Perth

Building Type
Commercial
Floor Size
953m2
Land Size
1184m2

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About East Perth 6004

The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.

East Perth has 8,341 properties. Over the last 5 years, Houses in East Perth have seen a 17.54% increase in median value, while Units have seen a 32.00% increase. As at 31 October 2024:

  • The median value for Houses in East Perth is $1,149,634 while the median value for Units is $588,181.
  • Houses have a median rent of $840 while Units have a median rent of $680.
There are currently 144 properties listed for sale, and 43 properties listed for rent in East perth on OnTheHouse. According to CoreLogic's data, 632 properties were sold in the past 12 months in East perth.

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