FOR SALE
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60 Elizabeth Street
South Perth WA 6151

Bedrooms: -
Bathrooms: -
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Floor area: 1095m2
Land area: 1095m2
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Entire Apartment Complex

Superb opportunity to acquire an entire Residential Apartment Building, with Council approved Commercial Development of Retail on site (already in place).
This brilliant high exposure South Perth location is ideally positioned on the Swan River side of the Canning Highway.
The existing buildings are two separate 2-storey blocks of five (5) large 1 & 2 Bedroom traditional style Apartments, comprising 3 x 2 Bedroom and 2 x 1 Bedroom styles.
The location has nearby access to the major arterial roads of Canning Highway and the Kwinana Freeway, with public transport within 120m easy (90 seconds walk).
The entire complex is currently leased but can be sold with vacant possession if required.
The opportunity is presented to acquire this entire building, on a great site with substantial future development potential, in a single line sale.
For further information please contact Albert Fontana on 0418 952 647

Property Details for 60 Elizabeth St, South Perth

Building Type
Commercial
Floor Size
1095m2
Land Size
1095m2

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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2011 was 11,990 people. By 2016 the population was 12,060 showing a population growth of 0.6% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation. In 2011, 51.5% of the homes in South Perth were owner-occupied compared with 54% in 2016.

South Perth has 8,637 properties. Over the last 5 years, Houses in South Perth have seen a 49.03% increase in median value, while Units have seen a 38.49% increase. As at 31 August 2024:

  • The median value for Houses in South Perth is $1,614,042 while the median value for Units is $687,982.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 68 properties listed for sale, and 30 properties listed for rent in South perth on OnTheHouse. According to CoreLogic's data, 563 properties were sold in the past 12 months in South perth.

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Albert Fontana
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