SOLD
Sold on 14 Mar 2024 for $2,200,000

6 Kearns Crescent
Ardross WA 6153

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 84m2
Land area: 894m2
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Property Details for 6 Kearns Cres, Ardross

Building Type
Commercial
Year Built
1954
Floor Size
84m2
Land Size
894m2
Local Government
Melville
Lot/Plan
567/P005429

Last Listing description (October 2024)

The owners have finally loosened their grip on this tightly held asset and are offering 6 and 8 Kearns Crescent for sale after many long years of proprietorship.
A jewel in the crown that is known as the Riseley Frame, 6-8 Kearns Crescent are at the heart of this thriving residential and commercial village.

The properties will be sold together because of the significant increase in construction yield when finally developed.

Whoever buys 6 and 8 Kearns Crescent may not want to redevelop straight away and the current tenants maybe open to a new or extended lease.
Developers wont need to look very far to work through their feasibility.
The recently completed Matheson development at 22-24 Kearns Crescent and now with Eden on Riseley nearing completion, the area is a proven performer for apartment sales with both developments being hugely successful.
Significantly, 6-8 Kearns Crescent have laneway access at the rear which provides for a myriad utilisation and design options when it comes to redevelopment.
Salt Property Group are proud to present this brilliant opportunity to secure a prime development site within the Riseley Centre Structure Plan.

Features include:
- 1,607sqm of land
- Two commercial buildings on two separate titles
- Develop now or landbank for the future
- Stunning views from mid to upper level apartments
- High density residential in commercial retail stronghold

Please contact Glen O'Brien on 0418 923 123

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Property History for 6 Kearns Cres, Ardross, WA 6153

A timeline of how this property has performed in the market
Last Sold
$2,200,000
14 Mar 2024
Listed for Rent
$709/w
20 Sep 2024
  • 14 Mar 2024
    Sold for $2,200,000
  • 09 Jan 2024
    Listed for Rent - Price not available
  • 17 Oct 2023
    Listed for Rent - Price not available
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About Ardross 6153

The size of Ardross is approximately 2.2 square kilometres. It has 6 parks covering nearly 26.4% of total area. The population of Ardross in 2011 was 4,050 people. By 2016 the population was 4,236 showing a population growth of 4.6% in the area during that time. The predominant age group in Ardross is 50-59 years. Households in Ardross are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ardross work in a professional occupation. In 2011, 76.2% of the homes in Ardross were owner-occupied compared with 77.2% in 2016.

Ardross has 2,458 properties. Over the last 5 years, Houses in Ardross have seen a 68.87% increase in median value, while Units have seen a 52.10% increase. As at 30 November 2024:

  • The median value for Houses in Ardross is $1,709,752 while the median value for Units is $858,509.
  • Houses have a median rent of $900 while Units have a median rent of $773.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Ardross on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Ardross.

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Brenton Bealing
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Glen O'Brien
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Salt Property Group
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