FOR SALE
EXPRESSIONS OF INTEREST!

Units 6/228 Cambridge Street
Wembley WA 6014

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 211m2
Land area: 211m2
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investment opportunity located in the heart of the Wembley Medical Precinct.

Situated in the bustling Cambridge Street, Medical Precinct, this medical suite boasts a total Net Lettable area of 211sqm. With an OPTION to purchase a further 86m2 with Unit 4.
This medical suite is perfect for anyone looking to invest in the booming healthcare industry, with a national tenant leasing the property for a total of $88,000 per annum plus outgoings plus GST.
With easy access to public transportation, this location is highly attractive to patients from across the region.
Whether you're an experienced investor or just starting, this medical suite is the perfect opportunity to grow your portfolio and secure your financial future.
This newly refurbished stunning medical suite is now available for sale on Cambridge Street in Wembley.
Contact us today to schedule a viewing and discover why this property is the investment opportunity you've been searching for!

Property Details for Units 6/228 Cambridge St, Wembley

Building Type
Commercial
Floor Size
211m2
Land Size
211m2

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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 14 properties listed for rent in Wembley on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Wembley.

Suburb Insights for Wembley 6014

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Michael Martino
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Christopher Tana
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ProProperty Group
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Disclaimer
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.