SOLD
Sold on 24 Apr 2024 for $2,100,000

14 May Holman Drive
Bassendean WA 6054

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 902m2
Land area: 2450m2
Sold By
Perth Commercial Property
Save

Property Details for 14 May Holman Dr, Bassendean

Building Type
Commercial
Year Built
1995
Floor Size
902m2
Land Size
2450m2
Local Government
Bassendean
Lot/Plan
114/P017531

Last Listing description (November 2024)

THIS PROPERTY IS SOLD!Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale 14 May Holman Drive, Bassendean.THE LOCATIONIdeally situated within the sought after and tightly held commercial precinct of Bassendean and only minutes from Tonkin Highway to the west, Collier Road to the north and Guildford road to the south.This superb investment opportunity offers a modern, iron clad, clear span warehouse/office suitable to an array of applications.The bakery tenancy is well renowned by WA locals for their high end patisserie and lunch offerings in their 5 highly regarded venues across Perth supplying some of the City's best offerings.This well organised warehouse houses the highly trained chefs and bakers that work with local producers to bring all the delicious new offerings to the people of Perth through the bakery's retail outlets.THE DETAILS *Site improvements: 861m2 - inclusive of 138m2 office and amenitiesRear Awning: 61m2Site area: 2,450m2Iron clad warehouse with excellent street exposure, access and vehicle circulation together with office facilities over 2 levels, lunchroom and male and female bathroom facilities.- Full vehicle circulation around the property- perimeter fencing- 3 phase power- 250 AMP solar panel system- lunch room- multiple offices- gasTHE LEASE DETAILSNew 5 year lease to commence 1 April 2024Passing income of $120,000pa plus GSTZONINGGeneral Industry under the Town of BassendeanTHE FINANCIALSSale Price Offers over $2,260,000 - no GST applicable where sold as a going concern.For further details or to arrange an inspection, please contact Anna Valentine of Perth Commercial Property.* Approx

Property History for 14 May Holman Dr, Bassendean, WA 6054

A timeline of how this property has performed in the market
Last Sold
$2,100,000
24 Apr 2024
  • 24 Apr 2024
    Sold for $2,100,000
  • 21 Mar 2024
    Listed for Sale Strong Performing Asset, Long Term Lease
  • 24 Dec 2021
    Sold for $907,500
Sign in to see more transactions

Commute Calculator

About Bassendean 6054

The size of Bassendean is approximately 7.4 square kilometres. It has 30 parks covering nearly 13.6% of total area. The population of Bassendean in 2011 was 9,639 people. By 2016 the population was 10,319 showing a population growth of 7.1% in the area during that time. The predominant age group in Bassendean is 30-39 years. Households in Bassendean are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bassendean work in a professional occupation. In 2011, 68.5% of the homes in Bassendean were owner-occupied compared with 68.8% in 2016.

Bassendean has 6,111 properties. Over the last 5 years, Houses in Bassendean have seen a 81.16% increase in median value, while Units have seen a 104.94% increase. As at 30 November 2024:

  • The median value for Houses in Bassendean is $848,630 while the median value for Units is $578,454.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 19 properties listed for sale, and no properties listed for rent in Bassendean on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Bassendean.

Suburb Insights for Bassendean 6054

Market Insights
Bassendean Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bassendean Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.