OFF MARKET

49 Great Eastern Highway
Bellevue WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 190m2
Land area: 2064m2
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Property Details for 49 Great Eastern Hwy, Bellevue

Building Type
Commercial
Year Built
2018
Floor Size
190m2
Land Size
2064m2
Local Government
Swan
Lot/Plan
202/P413401

Last Listing description (September 2020)

15 year lease to Viva Energy to Sept 2033 plus options.
Fixed annual 3% rent increases ($589,908 by 2033).
Tenant pays all usual outgoings as per the Lease.

Brand new state-of-the-art improvements including the large Night Owl convenience store.
Viva Energy Australia: single largest fuel retailer in country with 1,255 locations and growing. Market Cap $4.59B (Feb 2019).
Strategic 2,064 sqm landholding with 40m frontage to high traffic Great Eastern Highway.
Position perfect metres from Roe Highway diamond interchange and less than 2km to Midland Gate Shopping Centre recent $100m expansion.
Significant taxation saving depreciation benefits.
City of Swan: 62% population growth estimated by 2036 underpinned by freight, logistics and warehousing businesses.
Rent: $385,500 p.a.

Private Treaty

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Property History for 49 Great Eastern Hwy, Bellevue, WA 6056

A timeline of how this property has performed in the market
Last Sold
$6,150,000
10 Sep 2020
  • 10 Sep 2020
    Sold for $6,150,000
  • 14 Feb 2020
    Listed for Sale Price on Request

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About Bellevue 6056

The size of Bellevue is approximately 3 square kilometres. It has 11 parks covering nearly 25% of total area. The population of Bellevue in 2011 was 1,451 people. By 2016 the population was 1,552 showing a population growth of 7.0% in the area during that time. The predominant age group in Bellevue is 50-59 years. Households in Bellevue are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellevue work in a trades occupation. In 2011, 75% of the homes in Bellevue were owner-occupied compared with 72.4% in 2016.

Bellevue has 1,181 properties. Over the last 5 years, Houses in Bellevue have seen a 100.76% increase in median value, while Units have seen a 96.49% increase. As at 31 October 2024:

  • The median value for Houses in Bellevue is $665,797 while the median value for Units is $463,929.
  • Houses have a median rent of $400 while Units have a median rent of $375.
There are currently 13 properties listed for sale, and 1 property listed for rent in Bellevue on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Bellevue.

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