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.
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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:
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