SOLD
Sold on 23 Oct 2024 for $600,000

14/1736 Albany Highway
Kenwick WA 6107

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 244m2
Land area: 279m2
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Property Details for 14/1736 Albany Hwy, Kenwick

Building Type
Commercial
Year Built
2016
Floor Size
244m2
Land Size
279m2
Local Government
Gosnells
Lot/Plan
14/S063706

Last Listing description (November 2018)

- Rare leased investment
- Constructed in 2016
- 279sqm office/warehouse

- Modern fit out
- Walls and floors painted
- Professional office with upstairs boardroom
- New 4 year lease
- Annual rent reviews
- Modern complex
- Ideal investment for superannuation funds
- Rent $33,525.14 pa + GST
- Some outgoings are included in the rent of $33,525.14. Contact the agents now for copy of the lease and breakdown of costs.
The Opportunity
Burgess Rawson are pleased to present to the market unit 14/1736 Albany Highway, Kenwick. This attractive Leased Investment comprises a 279sqm* modern office warehouse in the Kenwick Industrial Precinct on Albany Highway. The unit has had extensive capital upgrades including painted walls and flooring, fully partitioned office and boardroom and high bay lighting.
The property resides on Albany Highway with easy access to other main arterial roads and the Perth CBD. The office/warehouse has 3 exclusive car bays, a high truss and a common concrete driveway. Zoned General Industry .

Lease Details
Unit 14
Income: $33,525.14 + GST
Term: 4 years
Size: 279sqm*
Tenant: Almar Engineering Pty Ltd
Rent Reviews: 2% + CPI annually
No all outgoings are recoverable, contact agents for a copy of the lease and breakdown of cost.
*approx
For further information lease contact the selling agents.

Property History for 14/1736 Albany Hwy, Kenwick, WA 6107

A timeline of how this property has performed in the market
Last Sold
$600,000
23 Oct 2024
  • 23 Oct 2024
    Sold for $600,000
  • 27 Jun 2022
    Sold for $500,000
  • 14 May 2018
    Listed for Sale $515,000 Going Concern

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About Kenwick 6107

The size of Kenwick is approximately 9.8 square kilometres. It has 14 parks covering nearly 7.9% of total area. The population of Kenwick in 2011 was 5,461 people. By 2016 the population was 5,686 showing a population growth of 4.1% in the area during that time. The predominant age group in Kenwick is 20-29 years. Households in Kenwick are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kenwick work in a trades occupation. In 2011, 69.5% of the homes in Kenwick were owner-occupied compared with 70.6% in 2016.

Kenwick has 2,712 properties. Over the last 5 years, Houses in Kenwick have seen a 122.14% increase in median value, while Units have seen a 103.85% increase. As at 30 November 2024:

  • The median value for Houses in Kenwick is $679,112 while the median value for Units is $466,082.
  • Houses have a median rent of $600 while Units have a median rent of $590.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Kenwick on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Kenwick.

Suburb Insights for Kenwick 6107

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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.