20 Jersey StreetJolimont WA 6014
Property Details for 20 Jersey St, Jolimont
Last Listing description (August 2024)
THIS MODERN CONTEMPORARY & FULLY LEASED OFFICE -STUDIO STYLE BUILDING WITH FUTURE HUGE DEVELOPMENT POTENTIAL!Introducing the Exclusive Property Listing by Vast Property GroupDiscover the epitome of modern contemporary style at 20 Jersey Street, Jolimont. This remarkable building, situated on the main arterial road of Jersey Street, between Hay Street, and Cambridge Street Jolimont. Offers unparalleled convenience with easy access to the Perth CBD & Southern & Northern Suburbs.Renovated to as a split studio style tenancy, this fully refurbished office /studio space sets the benchmark for a collaborative workspace and community hub within the Jolimont precinct. Seize the investment opportunity to capitalise on the exceptional current rental yielding income while exploring the potential for a long-term mixed-use- commercial and residential development, subject to Council approval.Property Highlights approximations:Total building improvements spanning 273 sqm approx.Tenancy- 1 space measuring approximately 135 sqm approx.Tenancy- 2 space measuring approximately 138 sqm approx.Amenities, Female & Male Toilets, Showers & passage way to rear car parking area Enter the premises through the main foyer or easily access the rear pedestrian door from the open air car parking area.KEY PROPERTY FEATURES AND BENEFITS:- Premier Jolimont location - Consisting of two Leased Tenancies (unit 1 and 2) - 4 open air car bays per Tenancy/unit at the rear of property - Rear access via roller doors - Polished concrete floors - Common ablutions and end of trip facilities - Natural light - Reverse cycle air-conditioning - Easy ingress and egress - Close access to Perth CBD - Suits investor to increase annual ROI yields. - ROI passing yield currently 4.87% Mixed Use -City of Subiaco Local Planning Scheme no - 5Zoned R- AC3Don't miss out on this exceptional opportunity! Contact Eddie Iustini at 0413 837 9... to request an information memorandum and schedule an inspection.Experience the pinnacle of contemporary sophistication at 20 Jersey Street, Jolimont.
Property History for 20 Jersey St, Jolimont, WA 6014
- 01 Jun 2024Listed for Sale Price on Application
- 09 Oct 2010Listed for Sale Not Disclosed
- 07 Feb 2006Sold for $950,000
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About Jolimont 6014
The size of Jolimont is approximately 0.8 square kilometres. It has 10 parks covering nearly 30.2% of total area. The population of Jolimont in 2011 was 1,200 people. By 2016 the population was 1,389 showing a population growth of 15.8% in the area during that time. The predominant age group in Jolimont is 70-79 years. Households in Jolimont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jolimont work in a professional occupation. In 2011, 35.2% of the homes in Jolimont were owner-occupied compared with 46.3% in 2016.
Jolimont has 908 properties. Over the last 5 years, Houses in Jolimont have seen a 64.29% increase in median value, while Units have seen a 67.81% increase. As at 31 October 2024:
- The median value for Houses in Jolimont is $1,926,617 while the median value for Units is $590,883.
- Houses have a median rent of $650 while Units have a median rent of $595.
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