SOLD
RECENT ADVICE
Sold on 09 Jul 2024 for $2,000,000

8/10 Burton Street
Cannington WA 6107

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1866m2
Sold By
Ron Farris Real Estate Pty Ltd
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Property Details for 8/10 Burton St, Cannington

Building Type
Commercial
Land Size
1866m2
Local Government
Canning

Last Listing description (October 2024)

Ron Farris Real Estate as exclusive agents are pleased to present to the market for sale 8 and 10 Burton Street, Cannington. Opportunities to secure built form product near to the Canning City Centre and 10 km's* from the Perth CBD are always limited in any phase of the property cycle.PROPERTY HIGHLIGHTS- Building content of 1,200 m2*- Total land content of 1,866 m2* across both sites with each site being 933 m2*.- Functional improvements comprising entry/foyer area plus counter, numerous 'front of office' workstations plus partitioned offices, meeting rooms, conference room, projector room, large open plan back-office area complete with workstations, multiple storerooms, computer/comms hub rooms, multiple male and female facilities some with a shower and change room area. - Building offers swipe card access and is alarmed. - Abundant parking is available through Licence with Water Corporation located at rear of properties.- Well located within the busy Cannington commercial precinct offering excellent transport linkages to Albany and Leach Highways plus Manning Road. - Current lease expires 30th June 2024 with no further options.- Zoned Commercial under City of Canning LPS No. 42 allowing for a wide variety of uses. Will suit the owner occupier looking for immediate occupation of a sought-after asset or the investor seeking to add value through leasing. For further information, please contact the exclusive listing agent via the details below.* Approximate Measurements Only.

Property History for 8/10 Burton St, Cannington, WA 6107

A timeline of how this property has performed in the market
Last Sold
$2,000,000
09 Jul 2024
  • 25 Sep 2024
    Listed for Sale Price on Application
  • 09 Jul 2024
    Sold for $2,000,000

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About Cannington 6107

The size of Cannington is approximately 4.1 square kilometres. It has 21 parks covering nearly 23.2% of total area. The population of Cannington in 2011 was 5,274 people. By 2016 the population was 5,930 showing a population growth of 12.4% in the area during that time. The predominant age group in Cannington is 20-29 years. Households in Cannington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannington work in a professional occupation. In 2011, 46.7% of the homes in Cannington were owner-occupied compared with 44.8% in 2016.

Cannington has 4,132 properties. Over the last 5 years, Houses in Cannington have seen a 84.59% increase in median value, while Units have seen a 79.24% increase. As at 30 September 2024:

  • The median value for Houses in Cannington is $665,828 while the median value for Units is $524,539.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 47 properties listed for sale, and 7 properties listed for rent in Cannington on OnTheHouse. According to CoreLogic's data, 279 properties were sold in the past 12 months in Cannington.

Suburb Insights for Cannington 6107

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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.