An opportunity exist for investors to purchase a modern new tenanted Office suite in Cockburn Commercial Park in Bibra Lake
- Multi-National Tenant with 4 + 3 + 3 Year Lease.
- Return of 7.5% Nett Very affordable and Sound Investment
For further enquiries please contact:
Russ Parham M: 0413 885 533 | E: rparham@rwcburswood.com.au
David Lightfoot M: 0421 888 688 | E: dlightfoot@rwcburswood.com.au
The size of Bibra Lake is approximately 12.8 square kilometres. It has 19 parks covering nearly 32.9% of total area. The population of Bibra Lake in 2011 was 5,954 people. By 2016 the population was 5,890 showing a population decline of 1.1% in the area during that time. The predominant age group in Bibra Lake is 50-59 years. Households in Bibra Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bibra Lake work in a professional occupation. In 2011, 82.9% of the homes in Bibra Lake were owner-occupied compared with 81.4% in 2016.
Bibra Lake has 4,017 properties. Over the last 5 years, Houses in Bibra Lake have seen a 90.69% increase in median value, while Units have seen a 65.64% increase. As at 31 October 2024:
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