2 Arthur StreetCastletown WA 6450
Property Details for 2 Arthur St, Castletown
Last Listing description (October 2023)
***REDUCED***
This 1012sqm property is located in a prime position on Arthur Street opposite Bunnings. There is currently mixed usage on site with room for further development to maximise usage and rental return.
For a small business this could also present an option to occupy and also earn an income from the other sheds.
Current features and considerations
- Build area approx. 276 sqm
- Front workshop approx. 108 sqm with 2 roller doors, personal access door, 3 phase power and natural light
- Walk through to rear workshop 7.2m x 7.8m or 56 sqm with access also via roller door
- 2 storage sheds approx. 7.2m x 7.8m each, roller doors 3.38m x 3.71m
- Approx. 485 sqm of hardstand in enclosed rear yard available for use/development
- Amenities on site
Great location with excellent exposure opposite Bunnings. Suitable for investors and also start up or established businesses.
Commercial space is rare at the moment and this property could present options now or into the future.
Please contact Jon-Paul Adams on 0431 189 417 for any enquiries.
Property History for 2 Arthur St, Castletown, WA 6450
- 26 Aug 2024Sold for $370,000
- 11 Apr 2023Listed for Sale $399,000.00
- 15 Jan 2022Listed for Sale $410,000 plus GST
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About Castletown 6450
The size of Castletown is approximately 3.6 square kilometres. It has 7 parks covering nearly 2.5% of total area. The population of Castletown in 2011 was 3,816 people. By 2016 the population was 4,012 showing a population growth of 5.1% in the area during that time. The predominant age group in Castletown is 0-9 years. Households in Castletown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Castletown work in a trades occupation. In 2011, 65.9% of the homes in Castletown were owner-occupied compared with 66.5% in 2016.
Castletown has 2,122 properties. Over the last 5 years, Houses in Castletown have seen a 107.88% increase in median value, while Units have seen a 129.30% increase. As at 31 October 2024:
- The median value for Houses in Castletown is $515,421 while the median value for Units is $458,006.
- Houses have a median rent of $550 while Units have a median rent of $320.
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