FOR SALE
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24 Unwin Avenue
Wembley Downs WA 6019

Bedrooms: -
Bathrooms: -
Car spaces: 25
Floor area: 1253m2
Land area: 1520m2
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BLUE CHIP INVESTMENT OPPORTUNITY

EXCLUSIVE LEASED INVESTMENT
FREEHOLD LAND WITH NEW BUILDING
$400,000 NETT INCOME + GST
PUBLIC LISTED NIDO CHILDCARE TENANT
New to market, an outstanding and rarely offered investment opportunity in a preferred asset class that combines excellent income, favourable landlord lease terms, and strong performing blue chip Western suburbs land value.
Astute investors will appreciate the key investment points on offer, with a new 2 level premium building that affords excellent depreciation benefits, a strong tenancy, and substantial freehold land component.
INVESTMENT HIGHLIGHTS
- 20 year lease to NIDO early school childcare
- 2 x 10 year options to renew until 2063
- National market leader early education operator
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Property Details for 24 Unwin Ave, Wembley Downs

Building Type
Commercial
Floor Size
1253m2
Land Size
1520m2

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About Wembley Downs 6019

The size of Wembley Downs is approximately 4.3 square kilometres. It has 17 parks covering nearly 43.3% of total area. The population of Wembley Downs in 2011 was 5,881 people. By 2016 the population was 6,323 showing a population growth of 7.5% in the area during that time. The predominant age group in Wembley Downs is 10-19 years. Households in Wembley Downs are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wembley Downs work in a professional occupation. In 2011, 77.7% of the homes in Wembley Downs were owner-occupied compared with 79.6% in 2016.

Wembley Downs has 2,961 properties. Over the last 5 years, Houses in Wembley Downs have seen a 75.24% increase in median value, while Units have seen a 61.83% increase. As at 31 August 2024:

  • The median value for Houses in Wembley Downs is $1,690,415 while the median value for Units is $597,181.
  • Houses have a median rent of $1,100 while Units have a median rent of $650.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Wembley downs on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Wembley downs.

Suburb Insights for Wembley Downs 6019

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Ray Cafini
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Rob Paradiso
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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.