FOR SALE
On request

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Myaree WA 6154

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
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Thriving Quilting and Sewing shop

Phone enquiries - please quote property ID 35093.
Patchwork at Homespun is one of the leading quilting shops in Perth. Having opened 21 years ago it has a well-established customer base from all over Perth and interstate. With friendly service, we continue to be integral in Perth's quilting community.
We stock a large range of high-quality fabric and haberdashery products. We also offer a number of gift items to complement our products and services.
The classroom is well equipped and seats 24 comfortably.. With approximately 90 students attending weekly classes, the shop is well known for its experienced and friendly teachers. The shop has plenty of parking for customers (25 bays) making the location and premise highly sought after.
Located 10 minutes from Fremantle and 15 minutes from Perth, the Shop is easily accessible for customers from both North and South of the Swan River, as well as visitors from interstate and overseas. With the ongoing demand for classes and sewing materials, Patchwork at Homespun is well-positioned to continue to thrive and grow as we see new generations take on the joy of sewing.
There is also significant growth potential with regard to expanding the product line on the website and further speciality classes among others.
We stock well-known brands including Moda, Freespirit, Liberty Tana Lawn, Liberty Lasenby, Devonstone, Dutch Heritage, Aurifil, Gutermann, Rasant, Clover, and Creative Grids.... the Shop is also a Janome Dealer.
Sale includes all assets: stock, furniture, shop and classroom fittings, equipment, website, social media accounts email subscriber list and the trading name. Revenue is derived from shop sales, online/website orders, phone orders, term class fees and workshop fees.
The excellent Landlord is willing to negotiate with the new owner. Staffed with experienced sewing and teachers. Managed currently by the owner.
Never owned a business before? The current owner is willing to provide mentor assistance to the new owner if needed.
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Property Details for Contact Agent For Address, Myaree

Building Type
Commercial
Floor Size
200m2

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About Myaree 6154

The size of Myaree is approximately 1.3 square kilometres. It has 10 parks covering nearly 7.4% of total area. The population of Myaree in 2011 was 1,896 people. By 2016 the population was 1,944 showing a population growth of 2.5% in the area during that time. The predominant age group in Myaree is 40-49 years. Households in Myaree are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Myaree work in a professional occupation. In 2011, 72.9% of the homes in Myaree were owner-occupied compared with 73.5% in 2016.

Myaree has 1,406 properties. Over the last 5 years, Houses in Myaree have seen a 64.88% increase in median value, while Units have seen a 75.14% increase. As at 30 November 2024:

  • The median value for Houses in Myaree is $1,173,818 while the median value for Units is $623,800.
  • Houses have a median rent of $863 while Units have a median rent of $415.
There are currently 6 properties listed for sale, and 1 property listed for rent in Myaree on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Myaree.

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