OFF MARKET

31 Weatherburn Way
Kardinya WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 414m2
Land area: 1560m2
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Property Details for 31 Weatherburn Way, Kardinya

Building Type
Commercial
Year Built
1991
Floor Size
414m2
Land Size
1560m2
Local Government
Melville
Lot/Plan
51/D078521

Last Listing description (March 2012)

Impressive Investment
Ideal for Investors/ Owner Occupiers Medium term
Improvements

The subject property has been constructed from cool room insulation panelling walls , with a metal deck roof and a concrete slab. The entire building is refrigerated and equipped for the storage and production of meat processing.
The current tenants were responsible for the installation of the refrigerators, chillers and the ceiling rails and will remove these when they vacate.
Office Factory / Warehouse for the distribution of Meat Manufacturing.
Existing Improvements
26.6% (site coverage)
Office/Ammenites 101.52m2 approx
Factory/Warehouse 284.00m2 approx
Dispatch 29.00m2 approx
Total 414.52 approx
Potential building area to extend 365.00m2 approx
(subject to council and state government approvals)
Location
This under developed site is on the corner of Weatherburn Way Kardinya. More specifically the property is located on the South Western corner of Weatherburn Way on the fringe of the O'Connor industrial precinct with good access to South Street, Stock Road and Leach Highway.
Title Particulars
An estate in fee simple being Lot 51 Diagram 78521 Certificate of Volume 2167 Folio 222
Town Planning
From our discussion with a town planner at the City of Melville we have been advised the zoning is Industrial
Services
All the normal services are available and connected to the property including water, deep sewer, electricity and gas.
Lease Term
The property is being sold with a lease back which commences at Settlement the purchasers may use their solicitors to prepare the lease documents.
Lease term : 3 Years + 3y+ 3y+3y
Rental : $76000 net pa + GST
Outgoings: All Outgoings are paid by the lessee including Property management fees
Comments
This property is an outstanding opportunity to add value to.
This is achieved by extending the existing improvements to create a larger factory/warehouse facility for an owner occupier to operate from or construct a new building for a separate tenant facing northward in Weatherburn Way.
Under developed property
Purchase Price
$1,600,000 plus GST - Sold as a Going Concern

Property History for 31 Weatherburn Way, Kardinya, WA 6163

A timeline of how this property has performed in the market
Last Sold
$1,500,000
13 Sep 2023
  • 13 Sep 2023
    Sold for $1,500,000
  • 06 Mar 2012
    Listed for Sale PRICE UPON APPLICATION
  • 01 Apr 2008
    Sold for $1,430,000
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About Kardinya 6163

The size of Kardinya is approximately 4.4 square kilometres. It has 25 parks covering nearly 13.5% of total area. The population of Kardinya in 2011 was 8,793 people. By 2016 the population was 8,718 showing a population decline of 0.9% in the area during that time. The predominant age group in Kardinya is 20-29 years. Households in Kardinya are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kardinya work in a professional occupation. In 2011, 78.5% of the homes in Kardinya were owner-occupied compared with 77.3% in 2016.

Kardinya has 4,590 properties. Over the last 5 years, Houses in Kardinya have seen a 72.94% increase in median value, while Units have seen a 32.22% increase. As at 30 September 2024:

  • The median value for Houses in Kardinya is $1,080,117 while the median value for Units is $556,230.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Kardinya on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Kardinya.

Suburb Insights for Kardinya 6163

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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.