SOLD
Sold on 12 Apr 2024 for $8,944,320

7 Radius Loop
Bayswater WA 6053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 14784m2
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Property Details for 7 Radius Loop, Bayswater

Building Type
Land
Land Size
14784m2
Local Government
Bayswater
Lot/Plan
139/P418567

Last Listing description (October 2024)

Located within one of Perth's most central inner industrial hubs, Raine & Horne Commercial are excited to offer Proposed Lot 302, Radius Loop Bayswater for sale.Proposed Lot 302 is positioned within the established and highly sought after Tonkin Highway Industrial Estate, where your business will benefit from its high-profile location, amenities, proximity to the CBD, Airport and Highways, making it easily accessible for your customers, staff and deliveries. The site allows for a variety of uses (STCA) including:- Office / Showroom - Warehouse / Storage - General Industry The site will be created and green titled serviced, levelled, and ready for construction at issue of title expected in approximately 6 months. Given the parent lot is already in place, buyers can easily view the lot now and it's potential. The estate is premium and enjoyed by a variety of businesses such as CAT Energy Power, Temple Tyres, APT Water, Gourmania, Orafol Australia, Shermac, Seima, Veal Autoparts and many more.Land Area: 2,606sqm*Zoning: General IndustrialLocation: Bayswater. 15km from Perth CBD and 8km from Airport Price Guide: Offers starting from $750 per sqm plus GST considered.Process: Land Contract Registration closes 4pm (WST) 21 August 2024.To register your interest in this unique opportunity please contact the Exclusive Selling Agents*Final land area is subject to survey and subdivision approval.

Property History for 7 Radius Loop, Bayswater, WA 6053

A timeline of how this property has performed in the market
Last Sold
$8,944,320
12 Apr 2024
Listed for Rent
$19k/w
12 Aug 2023
  • 28 Oct 2024
    Listed for Sale Offers Close 21 August 2024
  • 29 Jul 2024
    Listed for Sale Offers Close 21 August 2024
  • 12 Apr 2024
    Sold for $8,944,320
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About Bayswater 6053

The size of Bayswater is approximately 9.8 square kilometres. It has 40 parks covering nearly 15.1% of total area. The population of Bayswater in 2011 was 13,525 people. By 2016 the population was 14,436 showing a population growth of 6.7% in the area during that time. The predominant age group in Bayswater is 30-39 years. Households in Bayswater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bayswater work in a professional occupation. In 2011, 67% of the homes in Bayswater were owner-occupied compared with 67.7% in 2016.

Bayswater has 8,721 properties. Over the last 5 years, Houses in Bayswater have seen a 79.08% increase in median value, while Units have seen a 116.41% increase. As at 31 October 2024:

  • The median value for Houses in Bayswater is $973,373 while the median value for Units is $518,158.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 56 properties listed for sale, and 9 properties listed for rent in Bayswater on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Bayswater.

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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.