SOLD
Sold on 19 Dec 2023 for $400,000

1/62 Coolbellup Avenue
Coolbellup WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 200m2
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Property Details for 1/62 Coolbellup Ave, Coolbellup

Building Type
Commercial
Year Built
1993
Floor Size
200m2
Land Size
200m2
Local Government
Cockburn
Lot/Plan
1/S026173

Last Listing description (March 2019)

HUGE POTENTIAL
This is an exceptional opportunity to own a property in a strategic location adjacent to a site selected by Woolworths for their new shopping complex, now under construction.
These premises are currently operating as a showroom and supplier/repairer for coffee machines. This unit is perfectly positioned in the Coolbellup shopping precinct at an exciting time in the growth and planned restructure of the Coolbellup Town Centre.

The building area is 200m2 (approx.) and is well fitted out with partitioning into a front showroom, two offices and rear storage/workshop area. This is a unique opportunity - DO NOT MISS YOUR CHANCE!
Features include:
- 65m2 (approx.) showroom
- 100m2 (approx.) rear storage area
- 18m2 and 12m2 (approx.) offices
- Split system and evaporative air-conditioning
- Heaps of customer parking
- Be part of the exciting Coolbellup redevelopment plan

*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information included in this document. De Freitas and Ryan provides this document without any express or implied warranty as to its accuracy or currency. Any reliance placed upon this document is at the client's own risk. De Freitas and Ryan accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a client.

Property History for 1/62 Coolbellup Ave, Coolbellup, WA 6163

A timeline of how this property has performed in the market
Last Sold
$400,000
19 Dec 2023
  • 19 Dec 2023
    Sold for $400,000
  • 13 Oct 2017
    Listed for Sale $499,000 + GST
  • 22 Nov 2006
    Sold for $220,000
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About Coolbellup 6163

The size of Coolbellup is approximately 3.1 square kilometres. It has 15 parks covering nearly 17.2% of total area. The population of Coolbellup in 2011 was 4,917 people. By 2016 the population was 5,342 showing a population growth of 8.6% in the area during that time. The predominant age group in Coolbellup is 30-39 years. Households in Coolbellup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolbellup work in a professional occupation. In 2011, 60.3% of the homes in Coolbellup were owner-occupied compared with 58.8% in 2016.

Coolbellup has 3,234 properties. Over the last 5 years, Houses in Coolbellup have seen a 80.85% increase in median value, while Units have seen a 113.26% increase. As at 31 October 2024:

  • The median value for Houses in Coolbellup is $801,596 while the median value for Units is $531,015.
  • Houses have a median rent of $628 while Units have a median rent of $500.
There are currently 29 properties listed for sale, and 3 properties listed for rent in Coolbellup on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Coolbellup.

Suburb Insights for Coolbellup 6163

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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.