4 Cressall RoadBalcatta WA 6021
Property Details for 4 Cressall Rd, Balcatta
Last Listing description (October 2024)
This Is A Great Opportunity For An Owner Occupier Or Investor To Invest In The Sort After Industrial Area Of Balcatta. A Property Such As This Is Rare As Hen's Teeth.
With A Rectangular Flat Block Comprising Of 1,975 Sqm And A Building Of 656 Sqm Which Is Divided Into 3 Separate Tenancies The Options Are Endless.
An Owner Occupier Could Use This Site As A Single Holding With The Building Being Divided Into 3 x Sections With 3 x Roller Doors And Rear Yards With Loads Of Lay Down Area For Containers Or Storage.
Or An Investor Could Lease Out The 3 x Separated Units For A Great Income. Balcatta Has An Extremely Low Vacancy Rate With Tenants Always Searching For These Type Of Units.
Alternatively, This Property Would Suit A Developer That Could Redevelop The Site To Maximise The Rental Area With A New Multi Unit Strata Development.
The Possibilities Are Endless!
Balcatta Is Located Just 13km's North Of The Perth CBD And Only 27km From The Perth Airport. This Industrial Area Is Serviced By A Number Of Major Roads Including The Mitchell Freeway, Reid Highway, Erindale Road And Morley Drive Which Allows For Easy Access To The Greater Perth Area.
The Property Is Surrounded By Quality Businesses And Being So Central This Area Will Continue To Grow In Value.
Act Now As These Opportunities Do Not Present Themselves Very Often.
Just Some Of The Features Include:
- 1,975 Sqm Of Prime Land
- 656 Sqm Building With 3 Tenancies
- Unit 1 - 211 Sqm
- Unit 2 - 199 Sqm
- Unit 3 - 246 Sqm
- 3 x Roller Doors With Rear Yards
- Loads Of Parking
- Loads Of Lay Down Area For Containers Or Storage
- Offices In All Units
- Toilet And Shower Facilities In All Units
- Fully Gated And Fenced
- Close Proximity To Major Arterial Routes & Residential Areas
Act Now To Secure This Rare Property
For A Copy Of The Plan And More Details Direct Your Inquiries To
Max Hartree On 0412 905 445
Or Email Me From This Page.
Looking For The Most Trusted Opinion To Sell, Lease Or Manage Your Commercial Property - Give Me A Call. We're Experienced & Keen To Look After Your Commercial Property Interests.
Property History for 4 Cressall Rd, Balcatta, WA 6021
- 02 Oct 2024Sold for $2,300,000
- 26 Sep 2024Listed for Sale Under Contract - More Similar Properties Wanted
- 03 May 2020Listed for Rent $20,081 / year
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About Balcatta 6021
The size of Balcatta is approximately 7.1 square kilometres. It has 28 parks covering nearly 10.2% of total area. The population of Balcatta in 2011 was 9,990 people. By 2016 the population was 10,369 showing a population growth of 3.8% in the area during that time. The predominant age group in Balcatta is 30-39 years. Households in Balcatta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balcatta work in a professional occupation. In 2011, 63.2% of the homes in Balcatta were owner-occupied compared with 63.8% in 2016.
Balcatta has 6,639 properties. Over the last 5 years, Houses in Balcatta have seen a 86.26% increase in median value, while Units have seen a 113.94% increase. As at 30 November 2024:
- The median value for Houses in Balcatta is $878,219 while the median value for Units is $685,158.
- Houses have a median rent of $700 while Units have a median rent of $640.
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