SOLD
Sold on 19 Nov 2023 for $1,006,500

16 Lerista Court
Bibra Lake WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2010m2
Land area: 3166m2
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Property Details for 16 Lerista Ct, Bibra Lake

Building Type
Land
Floor Size
2010m2
Land Size
3166m2
Local Government
Cockburn
Lot/Plan
45/P057445

Last Listing description (November 2023)

Cushman & Wakefield Industrial & Logistics WA are pleased to offer For Sale 16 Lerista Court, Bibra Lake - an exceptional vacant industrial land development opportunity positioned in one of Perth's strongest performing southern industrial markets.

16 Lerista Court comprises a vacant block of freehold land which is situated on the western end of Lerista Court. The lot provides a flat, level and fully serviced parcel ready for immediate development, and offers a configuration ideally suited to facilitate efficient industrial development schemes.

Situated within one of Perth's core southern locations, the asset benefits from its proximity to major arterials such as Spearwood Avenue and Stock Road, which connects the property to the wider southern industrial markets and infrastructure.

Key features of the offering include:

3,166sqm* of gross land area (on title)
1,787sqm* of net developable land area (excludes batter)
Zoning "General Industrial" City of Cockburn
High value location with fast connectivity to key infrastructure and easy access to major roads
Fully serviced with water, sewer and power all available and connected
Large 100 amp power dome in situ

In a land starved sub market, Lerista Court presents a great opportunity for owner occupiers wanting to position their business in this tightly held precinct or developers wanting to take advantage of the high performing industrial market.

For further information contact the exclusive selling agents from Cushman & Wakefield WA.

*Approx.

Property History for 16 Lerista Ct, Bibra Lake, WA 6163

A timeline of how this property has performed in the market
Last Sold
$1,006,500
19 Nov 2023
  • 19 Nov 2023
    Sold for $1,006,500
  • 24 Oct 2023
    Listed for Sale Contact Agent
  • 29 Mar 2021
    Sold for $539,000
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About Bibra Lake 6163

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 4,028 properties. Over the last 5 years, Houses in Bibra Lake have seen a 86.22% increase in median value, while Units have seen a 45.57% increase. As at 31 July 2024:

  • The median value for Houses in Bibra Lake is $866,711 while the median value for Units is $385,275.
  • Houses have a median rent of $675 while Units have a median rent of $410.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Bibra lake on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Bibra lake.

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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.