SOLD
Sold on 03 Apr 2024 for $649,000

44 Coolamon Boulevard
Ellenbrook WA 6069

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 209m2
Land area: 361m2
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Property Details for 44 Coolamon Bvd, Ellenbrook

Building Type
Commercial
Year Built
2000
Floor Size
209m2
Land Size
361m2
Local Government
Swan
Lot/Plan
3/S036465

Last Listing description (December 2015)

Introduction
Burgess Rawson is pleased to offer for sale 44 and 46 Coolamon Bvd, Ellenbrook. The property is a multi-tenanted investment with 16 tenancies offering a diverse mix of tenants including Psychologists, Physiotherapy, Professional services and a Cafe.
Location

Ellenbrook is 21km North of the Perth CBD and has been one of the fastest growing residential areas in Western Australia. The property is located approximately less than 1km from the Town Centre in the Coolamon Village.
Land Details
Lots 3 and 4 on Survey-Strata Plan 36465 Certificate of Title Volume 2168 Folio 35 and 36.
Building Area
490sqm* Gross
Land Area
722sqm*
Zoning
The City of Swan confirm the property is currently zoned 'Special Use' - Zone 4, R40.
Statutory Outgoings
Shire Rates $5,520* pa
Water Rates $4,621.19* pa
Land Tax $133* pa
Lease Summary
Multi tenanted with varying expiries
Rent $104,123 + GST
Outgoings Contribution $17,864.68 + GST
Expenses $42,806 + GST
Key Investment Highlights
- Multi tenanted investment
- Diverse mix of medical and professional services
- 16 Tenancies
- Strong return
- Sound improvements
- Includes Cafe
*Approx
For further details contact:
Ben Flanagan
0405 929 167
bflanagan@burgessrawson.com.au
Chad Henville
0413 116 835
chenville@burgessrawson.com.au

Property History for 44 Coolamon Bvd, Ellenbrook, WA 6069

A timeline of how this property has performed in the market
Last Sold
$649,000
03 Apr 2024
  • 03 Apr 2024
    Sold for $649,000
  • 30 May 2016
    Sold for $487,500
  • 12 Oct 2015
    Listed for Sale Offers Invited
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About Ellenbrook 6069

The size of Ellenbrook is approximately 13.1 square kilometres. It has 47 parks covering nearly 23.3% of total area. The population of Ellenbrook in 2011 was 16,285 people. By 2016 the population was 22,678 showing a population growth of 39.3% in the area during that time. The predominant age group in Ellenbrook is 0-9 years. Households in Ellenbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ellenbrook work in a trades occupation. In 2011, 74.5% of the homes in Ellenbrook were owner-occupied compared with 74.6% in 2016.

Ellenbrook has 10,545 properties. Over the last 5 years, Houses in Ellenbrook have seen a 114.34% increase in median value, while Units have seen a 105.55% increase. As at 31 October 2024:

  • The median value for Houses in Ellenbrook is $746,716 while the median value for Units is $469,914.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 74 properties listed for sale, and 15 properties listed for rent in Ellenbrook on OnTheHouse. According to CoreLogic's data, 690 properties were sold in the past 12 months in Ellenbrook.

Suburb Insights for Ellenbrook 6069

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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.