SOLD
Sold on 18 Mar 2024 for $2,585,000

19 Buckley Street
Cockburn Central WA 6164

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 4248m2
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Property Details for 19 Buckley St, Cockburn Central

Building Type
Land
Floor Size
200m2
Land Size
4248m2
Local Government
Cockburn
Lot/Plan
72/P222578

Last Listing description (December 2010)

GOLDEN OPPORTUNITY - 4249sqm
A unique opportunity exists to purchase a substantial industrial property (Land 4249sqm) with or without a long established Motor Wrecking business, Jandakot Motor Company & Wreckers. Also included is a considerable income stream from two lease agreements for existing Vodafone & Telstra mobile phone tower at the rear of the property. (Purchase price of the business is not included and is negotiable).
The property is ideally located between the Mitchell Freeway (close to on/off ramp) & the coast. The Cockburn Central precinct is fast growing as a key infrastructure hub for the area offering close access to train, transport links, new commercial, retail and residential developments, and business opportunities.

Jandakot Motor Company & Wreckers, which has been trading for 40+ years, is one of only a few viable wreckers servicing south of the river to Rockingham.
The mobile phone tower is located in the south western corner of the property and the two long term leases (approx 10 & 15 years with options for extension) return a total of approx $37,000 + GST per annum to the owner. (increasing at 3.5% & 5% per annum)
The property consists of 4249sqm (40.23m x 105.61m) zoned General Industry (City of Cockburn) with frontage to Buckley and Spencer Streets. Improvements include workshop/s, storage area, office/reception and perimeter fencing.
While presently being utilised as a wrecking yard, the property offers great flexibility and would suit a range of uses. It has two street frontages which provide flexibility for future redevelopment (Subject to relevant Government approvals).
Property Details:
Lot 72 on Plan 222578
Vol / Folio 1541 / 853
Please note that all details are approximate only and are to be confirmed with the selling agent/s.
GST to be confirmed.
For further details please call joint Agents:
Darren Horler
Hallmark Realty
0417 551 557
Martin Dempsey
Local Real Estate
0414 437 157

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Property History for 19 Buckley St, Cockburn Central, WA 6164

A timeline of how this property has performed in the market
Last Sold
$2,585,000
18 Mar 2024
  • 18 Mar 2024
    Sold for $2,585,000
  • 09 Sep 2010
    Listed for Sale FROM $1,799,000
  • 23 Jul 1999
    Sold for $350,000
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About Cockburn Central 6164

The size of Cockburn Central is approximately 2.8 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of Cockburn Central in 2011 was 695 people. By 2016 the population was 1,257 showing a population growth of 80.9% in the area during that time. The predominant age group in Cockburn Central is 20-29 years. Households in Cockburn Central are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cockburn Central work in a professional occupation. In 2011, 55.8% of the homes in Cockburn Central were owner-occupied compared with 39.3% in 2016.

Cockburn Central has 1,982 properties.

    There are currently 21 properties listed for sale, and 7 properties listed for rent in Cockburn central on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Cockburn central.

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