SOLD
Sold on 03 Sep 2024 for $820,000

2/215 Railway Avenue
Kelmscott WA 6111

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 365m2
Land area: 365m2
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Property Details for 2/215 Railway Ave, Kelmscott

Building Type
Commercial
Year Built
1983
Floor Size
365m2
Land Size
365m2
Local Government
Armadale
Lot/Plan
2/S008958

Last Listing description (October 2024)

Opportunity for an owner occupier or an astute buyer to purchase a well-positioned showroom/workshop/warehouse on a busy Kelmscott commercial strip. The property is one of two strata units and comes with a generous amount of car parking, common yard which the current occupant is using exclusively and a front showroom and office.

Property particulars:
Total area 365sqm with approximately two thirds warehouse and the remainder, showroom facing Railway Avenue.

Lease details
Option term: Expiring 31 Mar 2025
Further terms: Nil
Current rental: $46,919.84pa plus outgoings plus GST

Features include:
365sqm warehouse/workshop/showroom
Dual street access
Yard available for use
Ample parking
Easy access to Albany Highway, Armadale Road and Tonkin Highway

For further details or to arrange an inspection please contact:

Victor Aloi
RWC WA
0404 808 012
victor.aloi@raywhite.com

Property History for 2/215 Railway Ave, Kelmscott, WA 6111

A timeline of how this property has performed in the market
Last Sold
$820,000
03 Sep 2024
Listed for Rent
27 Feb 2015
  • 03 Sep 2024
    Sold for $820,000
  • 04 Jul 2024
    Listed for Sale Offers from $800,000 (GST as going concern)
  • 11 May 2021
    Sold for $569,999
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About Kelmscott 6111

The size of Kelmscott is approximately 15 square kilometres. It has 30 parks covering nearly 33.1% of total area. The population of Kelmscott in 2011 was 10,019 people. By 2016 the population was 10,496 showing a population growth of 4.8% in the area during that time. The predominant age group in Kelmscott is 20-29 years. Households in Kelmscott are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kelmscott work in a trades occupation. In 2011, 71.2% of the homes in Kelmscott were owner-occupied compared with 70.3% in 2016.

Kelmscott has 5,687 properties. Over the last 5 years, Houses in Kelmscott have seen a 145.11% increase in median value, while Units have seen a 95.04% increase. As at 31 October 2024:

  • The median value for Houses in Kelmscott is $655,654 while the median value for Units is $427,261.
  • Houses have a median rent of $590 while Units have a median rent of $525.
There are currently 46 properties listed for sale, and 13 properties listed for rent in Kelmscott on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Kelmscott.

Suburb Insights for Kelmscott 6111

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Contact agent
Victor Aloi
RWC WA
Preferred contact:
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.