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Sold on 06 Jun 2024 - Price Unavailable

2898 Albany Highway
Kelmscott WA 6111

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 961m2
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Property Details for 2898 Albany Hwy, Kelmscott

Building Type
Commercial
Floor Size
140m2
Land Size
961m2
Local Government
Armadale
Lot/Plan
57/D031409

Last Listing description (June 2024)

The property at 2898 Albany Highway Beckenham is currently for sale for $650,000 GST as a going concern. Situated within a well-established commercial/retail precinct in the Kelmscott Town Centre, this property is utilized as an office space featuring a reception area, secured entry to the rear offices and admin areas, a front meeting room, a lunchroom, and amenities. Additionally, bitumen paved parking is available at the front, rear, and side of the building. This property offers a convenient and functional setup for various business operations.

The property boasts a land area of 961m2, with 102m2 allocated for road widening. The building area covers 140m2, and the zoning is District Centre - restricted use 1. Currently, the property is leased to the Minister of Works, making it an attractive investment opportunity with a reliable tenant in place.

Property Code: 30173

Property History for 2898 Albany Hwy, Kelmscott, WA 6111

A timeline of how this property has performed in the market
Last Sold
06 Jun 2024
Listed for Rent
$690/w
06 Nov 2008
  • 14 May 2024
    Sold for $645,000
  • 01 May 2024
    Listed for Sale $650,000 (GST as going concern)
  • 29 Aug 2008
    Listed for Rent - Price not available
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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 11 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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Jackie Skubevski
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Xceed Real Estate - Herdsman
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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.