FOR SALE
For Sale via Offers To Purchase

1034 Wellington Street
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 201m2
Land area: 501m2
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COMMERCIAL DEVELOPMENT SITE WITH UNBEATABLE EXPOSURE!

Positioned on the intersection of Wellington & Thomas St West Perth
Beautifully presented character offices.
Property Features:
• Land: 501sqm
• Building: 201*sqm
• Parking for 4 - 6 Vehicles
• Massive signage & exposure opportunities
• Suitable for medical / consulting / offices (STCA)
• Currently leased, providing Holding Income (with redevelopment clause in lease)
Lease Terms:
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Property Details for 1034 Wellington St, West Perth

Building Type
Commercial
Floor Size
201m2
Land Size
501m2

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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.

West Perth has 5,785 properties. Over the last 5 years, Houses in West Perth have seen a 32.34% increase in median value, while Units have seen a 37.59% increase. As at 30 September 2024:

  • The median value for Houses in West Perth is $1,019,486 while the median value for Units is $567,211.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 69 properties listed for sale, and 35 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in West perth.

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Matthew Edwards
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Terry Menage
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Raine & Horne Commercial WA
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