SOLD
Sold on 07 Oct 2024 for $478,500

85 Lockyer Avenue
Centennial Park WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 145m2
Land area: 177m2
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Property Details for 85 Lockyer Ave, Centennial Park

Building Type
Commercial
Year Built
1997
Floor Size
145m2
Land Size
177m2
Local Government
Albany
Lot/Plan
2/S040118

Last Listing description (November 2024)

This well-maintained, modern showroom near the northern edge of the CBD presents an exciting opportunity for a wide scope of retail traders to invest in their operation and reap myriad benefits.Zoned Regional Centre, it also offers prospects for many other uses, including consulting rooms, community or educational services and offices. Formerly housing a branch of a national franchise, the premises are located in a high-volume traffic area of Lockyer Avenue next door to a busy fast-food outlet.The building occupies a floor area of 173sqm, of which approximately half is the showroom at the front, fitted out to suit a diversity of retail operations and with a light and spacious ambience to enhance the shopping experience. It includes an abundance of power points, air conditioning and sleek tiled floors with carpeted areas.Sheltered by a front veranda, it has a wide shop window frontage.Beyond the showroom is a series of utility rooms. These comprise a sizeable goods receival area at the back door, two generous stockrooms, a store room or office, a staff room with kitchen facilities and a toilet.The sealed car park, shared with two other properties on the corner lot, has marked bays and ample parking spaces for staff and clients.About one minute's drive from York Street, the premises are on a main thoroughfare to the northern suburbs and near to two major supermarkets, as well as a variety of small and large businesses. While the building would provide a business owner with excellent trading premises, it also offers an investor the opportunity for sound returns.What you need to know:- Modern commercial premises - 1 minute drive from York Street- Excellent traffic exposure- Zoned Regional Centre, numerous uses include retail, consulting rooms, community or educational service, offices- Light, spacious showroom with tiling and carpeted areas- Abundance of power points- 173sqm footprint - approximately half is showroom- Goods receival area, two generous stockrooms, store room or office, staff room with kitchen facilities, toilet- Wide shop window frontage sheltered by veranda- Ample parking- Excellent trading premises for business owner or investor opportunity- Council rates $3,236.70

Property History for 85 Lockyer Ave, Centennial Park, WA 6330

A timeline of how this property has performed in the market
Last Sold
$478,500
07 Oct 2024
Listed for Rent
$530/w
06 Nov 2024
  • 17 Oct 2024
    Listed for Rent $27,680 / week
  • 07 Oct 2024
    Sold for $478,500
  • 06 Aug 2024
    Listed for Sale $425,000 + GST
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About Centennial Park 6330

The size of Centennial Park is approximately 2 square kilometres. It has 1 park covering nearly 28% of total area. The population of Centennial Park in 2011 was 568 people. By 2016 the population was 620 showing a population growth of 9.2% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centennial Park work in a trades occupation. In 2011, 51% of the homes in Centennial Park were owner-occupied compared with 53.8% in 2016.

Centennial Park has 838 properties. Over the last 5 years, Houses in Centennial Park have seen a 62.59% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:

  • The median value for Houses in Centennial Park is $527,031 while the median value for Units is $258,742.
  • Houses have a median rent of $380 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Centennial park on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Centennial park.

Suburb Insights for Centennial Park 6330

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Contact agent
Carly Szczecinski
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Jeremy Stewart
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Merrifield Real Estate
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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.