SOLD
Sold on 24 Jan 2024 for $355,000

7/8 Aspiration Circuit
Bibra Lake WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 92m2
Land area: 102m2
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Property Details for 7/8 Aspiration Cct, Bibra Lake

Building Type
Commercial
Year Built
2012
Floor Size
92m2
Land Size
102m2
Local Government
Cockburn
Lot/Plan
7/S061076

Last Listing description (April 2024)

Hustle and Bustle at this busy intersection where the one of the most frequented areas of the Bibra Lake commercial and industrial area attract attention and exposure to all the daily passing customers.

Complimentary industries surround the area with lunch bars, manufacturing, retail, service industry and wholesale. A central hub to all and a great place to invest or run your own business. Currently leased to a repair shop, the lease is on flexible terms with a month to month lease and a tenant potentially willing to stay on. Vacant possession or leased possession are very possible options for the astute buyer looking to purchase in this sort after area.

Featuring high ceilings and large open space, there is end of trip facilities available within your own property including a shower, basin and toilet. Further added fit outs include a kitchenette area and split system air-conditioning with carpeted floors. Plenty of window shop display to allow natural light in as well as brighten each day in the office.

Don't delay as rare opportunities for commercial space of this size, location and price don't come often.

- 102sqm Total Area including exclusive use car bay
- Kitchenette
- Toilet
- Shower
- Air-conditioning
- Corner Located Complex

For all enquiries, offers and viewings please contact exclusive agent Simon Oeij on 0402 901 367

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Property History for 7/8 Aspiration Cct, Bibra Lake, WA 6163

A timeline of how this property has performed in the market
Last Sold
$355,000
24 Jan 2024
Listed for Rent
$211/w
17 Aug 2021
  • 01 Feb 2024
    Listed for Sale CONTACT AGENT
  • 24 Jan 2024
    Sold for $355,000
  • 21 Oct 2023
    Listed for Sale CONTACT AGENT
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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 4,014 properties. Over the last 5 years, Houses in Bibra Lake have seen a 89.78% increase in median value, while Units have seen a 56.81% increase. As at 30 September 2024:

  • The median value for Houses in Bibra Lake is $873,867 while the median value for Units is $406,558.
  • Houses have a median rent of $690 while Units have a median rent of $410.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Bibra lake on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Bibra lake.

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