SOLD
Sold on 14 Jun 2024 for $940,000

187 James Street
Guildford WA 6055

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 103m2
Land area: 209m2
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Property Details for 187 James St, Guildford

Building Type
Commercial
Year Built
1897
Floor Size
103m2
Land Size
209m2
Local Government
Swan
Lot/Plan
200/P301550

Last Listing description (August 2024)

Welcome to 187 James St, Guildford - a captivating character building currently housing The Lounge Room cafe. This outstanding commercial property on 209m2 of land, is not just a space; it's an investment opportunity nestled in the heart of Guildford's historic precinct.Situated in the prime Guildford retail strip, this property enjoys high foot traffic and is surrounded by other retail shops, cafes & restaurants, offering a dynamic and thriving business environment. Guildford is not just a location; it's a lifestyle.? FEATURES:- Spacious cafe area measuring 103m2- Charming character building with unique appeal- Wooden flooring for added elegance- General Commercial zoning for versatile use- Unbeatable location in the bustling Guildford coffee and retail strip- Proximity to river & parklands for an easy and relaxed urban lifestyle?? TENANCY DETAILS:- Currently leased by The Lounge Room cafe- Monthly rent of $5,005.07 (ex GST) plus outgoings- Lease agreement in place until November 30, 2026- Additional 5-year option for extended investment potentialInvest with confidence in a property that combines character, location, and a steady income stream. With a reliable tenant in place and a lease extending into 2026, this opportunity offers both immediate returns and long-term stability.Don't miss out on this exceptional commercial property opportunity! Contact Kelly Jones on 0480 039 293 to arrange a viewing or discuss the finer details of this investment gem.Invest in Guildford's future - Invest in 187 James St!

Property History for 187 James St, Guildford, WA 6055

A timeline of how this property has performed in the market
Last Sold
$940,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $940,000
  • 30 Jan 2024
    Listed for Sale From $900,000
  • 23 Jun 2009
    Listed for Sale 858000
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About Guildford 6055

The size of Guildford is approximately 3.2 square kilometres. It has 13 parks covering nearly 50.2% of total area. The population of Guildford in 2011 was 1,882 people. By 2016 the population was 2,011 showing a population growth of 6.9% in the area during that time. The predominant age group in Guildford is 10-19 years. Households in Guildford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Guildford work in a professional occupation. In 2011, 71.5% of the homes in Guildford were owner-occupied compared with 78.9% in 2016.

Guildford has 1,045 properties. Over the last 5 years, Houses in Guildford have seen a 62.97% increase in median value, while Units have seen a 104.25% increase. As at 30 November 2024:

  • The median value for Houses in Guildford is $786,148 while the median value for Units is $528,222.
  • Houses have a median rent of $775 while Units have a median rent of $620.
There are currently 4 properties listed for sale, and 1 property listed for rent in Guildford on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Guildford.

Suburb Insights for Guildford 6055

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Jones & Co Property
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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.