754 Great Northern HighwayHerne Hill WA 6056
Property Details for 754 Great Northern Hwy, Herne Hill
754 Great Northern Hwy, Herne Hill is a 1 bedroom, 1 bathroom House and was built in 2006. The property has a land size of 2000m2 and floor size of 320m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (September 2023)
Located In the iconic Swan Valley amongst Wineries, Distilleries, and other Boutique Outlets.Currently leased until July 2023 with good potential to extend the lease (subject to negotiation) or to self occupy. This is an ideal location fully approved for use as Office, Shop, Restaurant (Coffee Lounge) This part of the Swan Valley is on cue to rapidly expand its presence in the Tourism Industry with new major developments already in progress. The location enjoys a huge passing Tourist Trade on Great Northern Highway. The front building is currently being used as Coffee Lounge, Dress Shop and Offices. It is approximately 320m2 and also includes a one room caretakers area. There is plenty of parking plus a 180m2 high spec'd powered shed (plus room to extend) currently used for marketing 2nd hand furniture. All in All this is a golden opportunity to get a foothold into a highly desirable Tourist Area where development approvals can be hard to obtain.* 500sqm Total Building Area*2000sqm Block*Leased until July 2023.*Versatile PremisesSwan Valley Tourism AreaInspection will not disappointCALL NOW FOR APPOINTMENT:LEN BRUSH 0417 987 431 OR GREG BRUSH 0418 941 846
Property History for 754 Great Northern Hwy, Herne Hill, WA 6056
- 17 May 2023Sold for $1,023,000
- 14 Oct 2022Listed for Sale $990K
- 03 Sep 2019Listed for Rent $60,000 / year
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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 82.89% increase in median value, while Units have seen a 64.12% increase. As at 31 August 2024:
- The median value for Houses in Herne Hill is $1,196,076 while the median value for Units is $452,911.
- Houses have a median rent of $425.
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