SOLD
Sold on 25 Oct 2023 for $1,120,000

1074 Beaufort Street
Bedford WA 6052

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 656m2
Sold By
Stephen Harrison
Ray White Commercial (WA) Perth
Tom Jones
Ray White Commercial (WA) Perth
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Property Details for 1074 Beaufort St, Bedford

Building Type
Land
Land Size
656m2
Local Government
Bayswater
Lot/Plan
982/P004661

Last Listing description (December 2023)

Stephen Harrison and Tom Jones from RWC (WA) are pleased to present 1074-1076 Beaufort Street, Bedford to market for sale via private treaty. It presents as a unique opportunity to acquire a 1,312sqm site with a commanding 32.5m* frontage to Beaufort Street, ideal for development and/or refurbishment.The property located on the eastern side of Beaufort Street has been owned since 1986 and has operated as a sales yard for the past two decades. The location boasts strategic and convenient positioning with strong traffic counts and excellent accessibility in all directions.Site Features- Regular shape with 32.5m frontage and 40.2m depth- Heavily slopped to the rear assisting in site works for under-croft parking- 24,763* per day traffic count (2021/2022 Monday to Friday - Main Roads traffic maps)- Dual crossover- Business zoning allows a broad range of future development options including Carwash, Child Care, Medical Consulting Rooms and Centre, Convenience, Educational Establishment, Fast Food, Liquor store, Office, Restaurant and shop to name a few (STCA)- Billboard income potential ImprovementsSpread over two levels due to the slope the property includes the following areas- 320sqm* Street Front Yard- 80sqm* Office- 35sqm* Garage- 45sqm* Lean-To- 119sqm* Storage/Open Wash Down Bays LocationBedford is a northeastern suburb of Perth located in the City of Bayswater. The site has immediate access to Beaufort Street providing a direct link to the Perth CBD and is in close proximity to Tonkin Highway and Collier Road.- 150m to Chisholm College- 2.3km to Morley Galleria- 2.3km to Bayswater Train station- 5.2km to Perth CBD- 9.4km to Perth Airport For further information or to arrange an inspection, please contact the Agents:Stephen Harrison M: 0421 622 777E: stephen.harrison@raywhite.comRWC (WA)Tom Jones M: 0478 771 117E: tom.jones@raywhite.comRWC (WA)*approximate

Property History for 1074 Beaufort St, Bedford, WA 6052

A timeline of how this property has performed in the market
Last Sold
$1,120,000
25 Oct 2023
Listed for Rent
$1.10k/w
15 Oct 2022
  • 25 Oct 2023
    Sold for $1,120,000
  • 25 Oct 2022
    Listed for Sale Asking $1,449,000 + GST
  • 13 Jun 2022
    Listed for Rent $57,500 / year
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About Bedford 6052

The size of Bedford is approximately 2.3 square kilometres. It has 14 parks covering nearly 8.7% of total area. The population of Bedford in 2011 was 4,944 people. By 2016 the population was 5,439 showing a population growth of 10.0% in the area during that time. The predominant age group in Bedford is 30-39 years. Households in Bedford are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bedford work in a professional occupation. In 2011, 67.7% of the homes in Bedford were owner-occupied compared with 67.2% in 2016.

Bedford has 2,911 properties. Over the last 5 years, Houses in Bedford have seen a 73.19% increase in median value, while Units have seen a 88.37% increase. As at 31 August 2024:

  • The median value for Houses in Bedford is $988,829 while the median value for Units is $708,877.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Bedford on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Bedford.

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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.