SOLD
Sold on 23 Apr 2024 for $3,600,000

56 Cocos Drive
Bibra Lake WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1182m2
Land area: 4261m2
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Property Details for 56 Cocos Dr, Bibra Lake

Building Type
Commercial
Year Built
1999
Floor Size
1182m2
Land Size
4261m2
Local Government
Cockburn
Lot/Plan
206/P023173

Last Listing description (November 2016)

The quality of this property speaks for itself.
56 Cocos Drive, Bibra Lake is 1,300 square metres of building on 4,261 square metres of fully developed land. The excess 2,961 square metres of land is sealed hardstand,manicured retriculated gardens and electrified fencing all around.
The building consists of 800 square metre workshop with 10 metre truss height, 200 square metre 10 metre high canopy and 300 square metre office and factory amenities. The factory contains all amenities for staff including production manager's office, full kitchen/lunchroom, toilets and change room. At the rear of the property is a sand blasting shop and full wash down bay with oil separator. The property has drive around B-double access through double gates and access to the factory is via 13 metre sliding door at the rear or roller doors on either side of the sliding door for drive through shed access and loading out of the weather.

Other features of interest are; a 10 tonne plus Vice that bolts to the Factory floor to assist unloading and holding of product; Heavy Industrial HiAb base plate, Hydraulic Chain and Sling Racks and electric fence to 3 sides of the property.
The office component contains 7 offices with a combination of fully ducted and split reverse cycle air-conditioning. In addition there is a server room, archive/store-room room which can be an office, and excellent kitchen and covered outdoor lunch area with BBQ. There is a full parking area at the front of the office. Everything is in tip top condition.

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Property History for 56 Cocos Dr, Bibra Lake, WA 6163

A timeline of how this property has performed in the market
Last Sold
$3,600,000
23 Apr 2024
Listed for Rent
16 Nov 2016
  • 23 Apr 2024
    Sold for $3,600,000
  • 03 May 2016
    Listed for Rent $169,000 / year
  • 19 Aug 1998
    Sold for $269,728

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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 4,017 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:

  • The median value for Houses in Bibra Lake is $883,809 while the median value for Units is $428,674.
  • Houses have a median rent of $700 while Units have a median rent of $410.
There are currently 13 properties listed for sale, and 6 properties listed for rent in Bibra lake on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Bibra lake.

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