SOLD
Sold on 08 Mar 2024 for $3,600,000

15 Vulcan Road
Canning Vale WA 6155

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1395m2
Land area: 4002m2
Sold By
David Lamb
MLV Real Estate
Stefan Quaresimin
MLV Real Estate
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Property Details for 15 Vulcan Rd, Canning Vale

Building Type
Commercial
Year Built
1981
Floor Size
1395m2
Land Size
4002m2
Local Government
Canning
Lot/Plan
246/D079142

Last Listing description (July 2024)

Office / Showroom: 750 sqm
Warehouse: 602 sqm
Total Building: 1,352 sqm (approx)

Laydown / Storage: 1,000sqm
Total Land Area: 4,001 sqm

MLV as exclusive agents are please to present to market 15 Vulcan Road, Canning Vale, a 1,352 sqm warehouse facility cornering Vulcan Road and Madison Street. The premises is being sold with a short-term lease in place, providing holding income to any owner occupier.

The improvements include a single storey office/showroom and warehouse facility cornering Vulcan Road and Madison Street. The office is constructed from concrete floors, brick wall elevations and suspended ceiling. Internally the office space comprises multiple partitioned offices and open plan accommodation. A reception area at the entrance greets customers through commercial grade aluminum double doors. Further features include (but not limited to) full air conditioning, store room, staff amenity in both male and female toilets, boardroom, lunchroom with kitchenette and meeting room. The premises overall is well presented, functional and adjustable as the partitions are built of gyprock. A suspended slab is present over a portion of the office allowing for further space to accommodate future requirements if need be (subject to council approval).

The warehouse is located to the rear of the development , directly behind the office accommodation. Comprising a total of 602 sqm of floor space, the warehouse is predominantly clear-span with two columns and an internal wall compartmentalizing the warehouse into two separate spaces (this can removed quite easily as it is non-structural). Maximum truss height is roughly 5m and is accessible via one roller door on the Western elevation. The warehouse has been fitted with insulation and air conditioning.

Two cross overs service the site located on Madison Street and Vulcan Road. The remainder of the site has 32 car bays, some hardstand for storage and landscaping. For further information please contact Stefan Quaresimin on 0421 929 686 or David lamb on 0411 597 952.

Property History for 15 Vulcan Rd, Canning Vale, WA 6155

A timeline of how this property has performed in the market
Last Sold
$3,600,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $3,600,000
  • 31 Jan 2024
    Listed for Sale UNDER OFFER
  • 04 Aug 2005
    Sold for $1,127,500
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About Canning Vale 6155

The size of Canning Vale is approximately 25.4 square kilometres. It has 71 parks covering nearly 17.1% of total area. The population of Canning Vale in 2011 was 30,665 people. By 2016 the population was 33,069 showing a population growth of 7.8% in the area during that time. The predominant age group in Canning Vale is 40-49 years. Households in Canning Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canning Vale work in a professional occupation. In 2011, 82.8% of the homes in Canning Vale were owner-occupied compared with 81% in 2016.

Canning Vale has 13,475 properties. Over the last 5 years, Houses in Canning Vale have seen a 81.72% increase in median value, while Units have seen a 77.94% increase. As at 31 October 2024:

  • The median value for Houses in Canning Vale is $962,392 while the median value for Units is $597,179.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 81 properties listed for sale, and 23 properties listed for rent in Canning vale on OnTheHouse. According to CoreLogic's data, 454 properties were sold in the past 12 months in Canning vale.

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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.