SOLD
Sold on 30 May 2024 for $605,000

2/2874 Albany Highway
Kelmscott WA 6111

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 243m2
Land area: 243m2
Sold By
David Lamb
MLV Real Estate
Stefan Quaresimin
MLV Real Estate
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Property Details for 2/2874 Albany Hwy, Kelmscott

Building Type
Commercial
Year Built
1983
Floor Size
243m2
Land Size
243m2
Local Government
Armadale
Lot/Plan
2/S011551

Last Listing description (August 2024)

Showroom: 243 sqm

This showroom unit offers the potential purchaser a fantastic opportunity to acquire an affordable property close to neighbouring businesses including Woolworths, Automasters, Spud Shed and Red Rooster while being within walking distance to Kelmscott train station. Tenant is vacating the premises on 30/07/2024 with vacant possession possible 31/07/2024. Current passing rental is $27,539 pa + Outgoings (significantly under rented)

The building is comprised of brick & steel elevations with a rear roller door for goods access.

For further information please contact the exclusive agents Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952

Property History for 2/2874 Albany Hwy, Kelmscott, WA 6111

A timeline of how this property has performed in the market
Last Sold
$605,000
30 May 2024
  • 30 May 2024
    Sold for $605,000
  • 23 Apr 2024
    Listed for Sale $585,000 + GST
  • 29 Aug 2018
    Listed for Sale $475,000
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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 141.80% increase in median value, while Units have seen a 80.85% increase. As at 30 September 2024:

  • The median value for Houses in Kelmscott is $649,134 while the median value for Units is $416,469.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 44 properties listed for sale, and 8 properties listed for rent in Kelmscott on OnTheHouse. According to CoreLogic's data, 347 properties were sold in the past 12 months in Kelmscott.

Suburb Insights for Kelmscott 6111

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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.