2/5 Hughes StreetCanning Vale WA 6155
Property Details for 2/5 Hughes St, Canning Vale
Last Listing description (November 2024)
MLV as exclusive agents are pleased to present to Market, Unit 2, 5 Hughes Street - a 179 sqm Office / Warehouse unit in a unique Light Industrial Location.
Ground Floor: 137 sqm
Built of concrete floors, footings and tilt-panel walls with a metal clad roof, the building is of typical construction for modern strata units.
Further features of the office fit-out include full air-conditioning, open plan configuration, manager's room, reception, kitchenette/lunchroom, security system, high specification fit out with amenities. There is also a significant solar panel on the roof. The premises currently has holding income with a lease in place on the terms and conditions below:
Lessee: Total Security Systems Pty Ltd
1 + 1 Year Lease
1st April 2024 Commencement
$30,000 p/a + GST and Outgoings annual rent
Market Review at Option
$5,000 bond
90 Day Break-Clause in Lease (applicable to either party)
For further information please contact the exclusive selling agents Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952
Property History for 2/5 Hughes St, Canning Vale, WA 6155
- 30 Aug 2024Sold for $600,000
- 12 Jun 2024Listed for Sale UNDER OFFER!
- 22 Sep 2012Listed for Rent - Price not available
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0About 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 13,476 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.
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