OFF MARKET

4/777 Great Northern Highway
Herne Hill WA 6056

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Property Details for 4/777 Great Northern Hwy, Herne Hill

Building Type
Commercial
Local Government
Swan

Last Listing description (September 2024)

-OPPORTUNITIES LIKE THIS ONE DONT COME ALONG OFTEN, FIRST TIME OFFERED FOR SALE IN OVER 12 YEARS!-BE YOUR OWN BOSS, IDEAL HUSBAND/WIFE OR FAMILY BUSINESS, SOMEONE SEEKING LIFESTYLE CHANGE OR ADD YOUR OWN PERSONAL TOUCH TO THIS WELL ESTABLISHED BUSINESS-ESTABLISHED CAFE/COFFEE SHOP SITUATED IN FANTASTIC LOCATION, BUSY HUB WITH GREAT EXPOSURE TO BOTH PASSING TRAFFIC AND LOCAL TRADE-LARGE REGULAR CLIENT BASE WITH LONG ESTABLISHED BUSINESS OF 15 YEARS -BUSINESS BEEN IN SAME HANDS FOR 12 YEARS WITH TRADING FIGURES AVAILABLE-WELL MAINTAINED AND UPKEPT PREMISES WITH LONG LEASE TERMS-LOVELY UNDERCOVER ALFRESCO DINING WITH RURAL OUTLOOK AND INDOOR CAFE GIVE GOOD VERSATILITY-WELL EQUIPPED KITCHEN, FACILITIES, PLANT AND STORAGE MAKE FOR AN EASY WALK IN WALK OUT BASIS FOR PROSPECTIVE BUYER-DON'T MISS THIS RARE OPPORTUNITY TO PURCHASE A PROVEN MONEY EARNING BUSINESS!!FOR MORE INFORMATION ON THIS RARE OPPORTUNITY CONTACT GREG on 0418 914 846 or LEN on 0417 987 431

Property History for 4/777 Great Northern Hwy, Herne Hill, WA 6056

A timeline of how this property has performed in the market
  • 18 Feb 2023
    Listed for Sale $200,000

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About Herne Hill 6056

The size of Herne Hill is approximately 17.1 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Herne Hill in 2011 was 1,575 people. By 2016 the population was 1,499 showing a population decline of 4.8% in the area during that time. The predominant age group in Herne Hill is 60-69 years. Households in Herne Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Herne Hill work in a trades occupation. In 2011, 80.3% of the homes in Herne Hill were owner-occupied compared with 84.4% in 2016.

Herne Hill has 702 properties. Over the last 5 years, Houses in Herne Hill have seen a 61.93% increase in median value, while Units have seen a 42.53% increase. As at 31 October 2024:

  • The median value for Houses in Herne Hill is $869,701 while the median value for Units is $512,814.
  • Houses have a median rent of $425.
There are currently 7 properties listed for sale, and no properties listed for rent in Herne hill on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Herne hill.

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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.