SOLD
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Sold on 22 Oct 2024 for $980,000

4 Moresby Street
Kensington WA 6151

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 72m2
Land area: 205m2
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Property Details for 4 Moresby St, Kensington

Building Type
Commercial
Year Built
1960
Floor Size
72m2
Land Size
205m2
Local Government
South Perth
Lot/Plan
8/P006499

Last Listing description (November 2024)

Situated in this popular Kensington village cafe strip opposite the Moresby Street Reserve Park, playground and Community Hall, sits this landmark cafe site on a 205sqm Green Title block. A high quality fit out in recent years gives total peace of mind on this well established local icon, currently leased to tenant 'Hoopla Espresso' cafe. Featuring a spacious open plan seating area, counter, commercial kitchen areas, Male & Female WC plus 1x Accessible WC, paved rear alfresco courtyard.Features include:*Green Title lot of 205 sqm *160 sqm of net lettable area*Rear access via Tinsel Lane (ROW)*Current occupation is an approved cafe , with alfresco area front & rear*Ample street parking plus rear access car bays*Classic investment for a private super fundLease Information & Outgoings available on request.From $919,000 (Nil GST applies)

Property History for 4 Moresby St, Kensington, WA 6151

A timeline of how this property has performed in the market
Last Sold
$980,000
22 Oct 2024
  • 22 Oct 2024
    Sold for $980,000
  • 17 Oct 2024
    Listed for Sale SOLD

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About Kensington 6151

The size of Kensington is approximately 2.5 square kilometres. It has 10 parks covering nearly 13.3% of total area. The population of Kensington in 2011 was 4,453 people. By 2016 the population was 4,538 showing a population growth of 1.9% in the area during that time. The predominant age group in Kensington is 40-49 years. Households in Kensington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kensington work in a professional occupation. In 2011, 67.3% of the homes in Kensington were owner-occupied compared with 69.3% in 2016.

Kensington has 1,864 properties. Over the last 5 years, Houses in Kensington have seen a 72.82% increase in median value, while Units have seen a 75.66% increase. As at 30 November 2024:

  • The median value for Houses in Kensington is $1,485,303 while the median value for Units is $698,617.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 6 properties listed for sale, and 1 property listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Kensington.

Suburb Insights for Kensington 6151

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Sam Sardelic
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Simmon Sardelic
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Sardelic Real Estate
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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.