FOR SALE
FOR SALE: OFFERS INVITED

59 Marlow Street
Wembley WA 6014

Bedrooms: -
Bathrooms: -
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Land area: 1100m2
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PRIME WEMBLEY CORNER ! VACANT LAND - DEVELOPMENT READY

Raine & Horne Commercial are pleased to offer for sale: 59 Marlow Street (Corner of Grantham Street), Wembley.
Vacant Land - Ripe for development.
Capitalise on one of the most exciting opportunities in years, in the notoriously tightly held Wembley Commercial Precinct.
Boasting 1,100 m2 of flat, level land, sites of this nature simply do not come around for sale very often.
With a multitude of potential development options and an existing DA in place, this has opportunity written all over it!
A generous frontage to Grantham Street, with main access off Marlow Street and a 'Local Centre' zoning.
For further information please contact Terry Menage & Matthew Edwards at Raine & Horne Commercial.

Property Details for 59 Marlow St, Wembley

Building Type
Commercial
Land Size
1100m2

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About Wembley 6014

The size of Wembley is approximately 4.2 square kilometres. It has 13 parks covering nearly 25% of total area. The population of Wembley in 2011 was 10,553 people. By 2016 the population was 11,326 showing a population growth of 7.3% in the area during that time. The predominant age group in Wembley is 30-39 years. Households in Wembley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wembley work in a professional occupation. In 2011, 59.1% of the homes in Wembley were owner-occupied compared with 58.6% in 2016.

Wembley has 5,954 properties. Over the last 5 years, Houses in Wembley have seen a 81.59% increase in median value, while Units have seen a 70.50% increase. As at 30 November 2024:

  • The median value for Houses in Wembley is $1,860,972 while the median value for Units is $424,833.
  • Houses have a median rent of $900 while Units have a median rent of $528.
There are currently 49 properties listed for sale, and 11 properties listed for rent in Wembley on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Wembley.

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Terry Menage
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Matthew Edwards
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Raine & Horne Commercial WA
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.