FOR SALE
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147-149 Colin Street
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: 24
Floor area: 1022m2
Land area: 751m2
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Prime West Perth Office Building | Occupy or Invest

Recently completed $700,000 refurbishment.
Ground floor and part first floor currently leased to 2 tenants, generating secure holding income. Significant potential for uplift through a leasing campaign or owner-occupier use of the vacant areas.
This contemporary, classically styled office building is a rare offering, blending style with functionality, making it ideal for a wide range of occupiers and investors.
This freshly renovated, sought-after location with unrivalled freeway and CBD access!
Land Area: 751sqm
Building Area: 1,022sqm
24 car bays
Property Features:
• Three elevations of glazing provides remarkable working environment
• Balconies to each of the upper levels
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Property Details for 147-149 Colin St, West Perth

Building Type
Commercial
Floor Size
1022m2
Land Size
751m2

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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 5,815 properties. Over the last 5 years, Houses in West Perth have seen a 39.41% increase in median value, while Units have seen a 40.33% increase. As at 30 November 2024:

  • The median value for Houses in West Perth is $1,051,644 while the median value for Units is $573,831.
  • Houses have a median rent of $640 while Units have a median rent of $675.
There are currently 66 properties listed for sale, and 33 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in West perth.

Suburb Insights for West Perth 6005

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Matthew Edwards
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Terry Menage
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Raine & Horne Commercial WA
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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.