SOLD
Sold on 30 Jan 2024 for $820,000

2/5 Sequoia Place
Bibra Lake WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 432m2
Land area: 450m2
Sold By
DFR Commercial Cockburn Central
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Property Details for 2/5 Sequoia Pl, Bibra Lake

Building Type
Commercial
Year Built
2008
Floor Size
432m2
Land Size
450m2
Local Government
Cockburn
Lot/Plan
2/S049595

Last Listing description (March 2024)

DFR Commercial are pleased to present to the market this modern office / warehouse being sold as a leased investment on a short-term basis. The property consists of a two-storey quality office / amenities area, high truss warehouse with roller door entry and great signage opportunity from the rear of the unit as it has exposure to Stock Road.Tenancy Details:- Nett Rental $56,100- Lease Expires 31st October 2024- Further Terms: 1 year - Rent Review: CPI at option- Security: Directors Guarantee - Bond: $7,500Features Include:- Total Stratum 450m2- Total building area 432m2 - 18m2 of external area- 136m2 of quality 2 storey office space- 296m2 of high truss warehouse- Fully appointed office area- Good power supply including 3 phase - Large roller door access- Four allocated parking baysThe approximate annual outgoings: Council rates $3,392.52, insurance $1,603.39, water rates $1,428.78, water use $63.00 and land tax $266.36 Total: $6,754.05Information disclaimer: The terms of this information disclaimer apply to any content whatsoever (including, videos, sound files and computer code) ("Material") provided or made accessible by DFR Commercial to any person ("Recipient"). The Recipient is taken to agree to these terms when they receive the Material. DFR Commercial makes no statements, representations or undertakings to the Recipient or any other person in connection with the Material, including in relation to the ownership, legality, suitability, purpose, quality, accuracy or completeness of the Material, and is not liable for any claim, loss or cost in connection with the same. DFR Commercial disclaims, to the extent permitted by law, all warranties, representations and guarantees in connection with the Material.

Property History for 2/5 Sequoia Pl, Bibra Lake, WA 6163

A timeline of how this property has performed in the market
Last Sold
$820,000
30 Jan 2024
Listed for Rent
$623/w
27 Jul 2016
  • 30 Jan 2024
    Sold for $820,000
  • 04 Dec 2023
    Listed for Sale $849,000 GST as a Going Concern
  • 08 Jul 2016
    Listed for Rent $32,500 / year
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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.

Suburb Insights for Bibra Lake 6163

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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.