SOLD
Sold on 25 Jul 2024 for $19,000,000

100 Chisholm Crescent
Kewdale WA 6105

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 8760m2
Land area: 32532m2
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Property Details for 100 Chisholm Cres, Kewdale

Building Type
Commercial
Year Built
1997
Floor Size
8760m2
Land Size
32532m2
Local Government
Kalamunda
Lot/Plan
81/D089806

Last Listing description (August 2018)

Knight Frank and Savills, as joint selling agents, are delighted to offer for sale, 100 Chisholm Crescent, Kewdale via an Offers to Purchase Campaign.
The property represents a quality long term investment underpinned by a large landholding and secure cash flow with potential for capital growth through future rent reviews and possible re-development.
INVESTMENT HIGHLIGHTS

8 Year lease commencing 1 April 2018
ASX listed tenant with strong balance sheet
$1.25m Capital works program due for completion in June 2018
Surplus land for future development or extension of existing workshop
High exposure location with General Industry Zoning
Tightly held area in a blue chip industrial precinct
LEASE DETAILS
Lessee: Austin Engineering Ltd
Term: 8 years
Lease Expiry: 31 March 2026
Rent: $1,014,000pa + GST
Rent Reviews: 3% annually
AREAS
Land Area: 3.25ha
Main Office: 1,027sqm
Main Warehouse: 6,936 sqm
Warehouse Workshop: 270 sqm
Warehouse Office: 192 sqm
For more information or to arrange an inspection contact the exclusive selling agents.

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Property History for 100 Chisholm Cres, Kewdale, WA 6105

A timeline of how this property has performed in the market
Last Sold
$19,000,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $19,000,000
  • 06 Jun 2018
    Sold for $14,500,000
  • 23 Mar 2018
    Listed for Sale Offers to Purchase
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About Kewdale 6105

The size of Kewdale is approximately 8.4 square kilometres. It has 14 parks covering nearly 4.9% of total area. The population of Kewdale in 2011 was 6,190 people. By 2016 the population was 6,896 showing a population growth of 11.4% in the area during that time. The predominant age group in Kewdale is 30-39 years. Households in Kewdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kewdale work in a trades occupation. In 2011, 64.7% of the homes in Kewdale were owner-occupied compared with 62.5% in 2016.

Kewdale has 4,246 properties. Over the last 5 years, Houses in Kewdale have seen a 79.79% increase in median value, while Units have seen a 83.75% increase. As at 31 October 2024:

  • The median value for Houses in Kewdale is $791,806 while the median value for Units is $522,643.
  • Houses have a median rent of $690 while Units have a median rent of $560.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Kewdale on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Kewdale.

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