770 Canning HighwayApplecross WA 6153
Property Details for 770 Canning Hwy, Applecross
Last Listing description (November 2023)
Knight Frank is pleased to exclusivity present to the market for sale 770 Canning Highway, Applecross. A rare opportunity to secure a well presented building on Canning Highway, situated on over 1000sqm of land.
Located adjacent to the bustling intersection of Canning Highway and Riseley Street, this high-profile office building is exposed to a daily traffic flow of more than 41,000 vehicles. The building comprises of 731sqm* of net lettable area and offers 15 car bays located under the building.
The opportunity has flexibility in its current leasing profile and suits an owner occupier looking to relocate itself into a prime area of Applecross and reap the rewards of the high exposure location.
Property Features:
Land Area: 1,011 sqm*
NLA: 731 sqm*
15 undercover car bays
Ample Space for Prominent Signage
Holding income
Zoning: RAC-0 - 'Precinct 2 - Riseley Activity Structure Plan'
For more information or to request a walkthrough, please contact the exclusive selling agents.
Cory Dell'Olio
+61 422 177 247
cory.dellolio@au.knightfrank.com
Tony Delich
+61 418 926 410
tony.delich@au.knightfrank.com
Property History for 770 Canning Hwy, Applecross, WA 6153
- 06 Nov 2023Sold for $2,780,000
- 05 Sep 2023Listed for Sale From $2,900,000 (Going Concern)
- 04 Apr 2023Listed for Sale Contact Agent
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About Applecross 6153
The size of Applecross is approximately 3.3 square kilometres. It has 12 parks covering nearly 12.8% of total area. The population of Applecross in 2011 was 6,579 people. By 2016 the population was 6,886 showing a population growth of 4.7% in the area during that time. The predominant age group in Applecross is 50-59 years. Households in Applecross are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Applecross work in a professional occupation. In 2011, 67.9% of the homes in Applecross were owner-occupied compared with 68.9% in 2016.
Applecross has 4,404 properties. Over the last 5 years, Houses in Applecross have seen a 67.58% increase in median value, while Units have seen a 34.27% increase. As at 30 September 2024:
- The median value for Houses in Applecross is $2,275,017 while the median value for Units is $884,412.
- Houses have a median rent of $1,100 while Units have a median rent of $700.
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