SOLD
RECENT ADVICE
Sold on 24 Jun 2024 for $12,750,000

5/11 Burchell Way
Kewdale WA 6105

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 17580m2
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Property Details for 5/11 Burchell Way, Kewdale

Building Type
Commercial
Land Size
17580m2
Local Government
Belmont

Last Listing description (July 2024)

The subject property is a superbly located land rich investment.The main building is an established engineering workshop and administration facility. Complimenting it are two office/warehouses fronting onto Noble Street. The land fronting Burchell Way is not developed and is separately titled.ZoningThe City of Belmont advise that the property is zoned "Industry" under the current Town Planning Scheme.LocationLocated in the prized Kewdale location just off the intersections of Abernethy Road/Leach Highway/Kewdale Roads. The property is ideally located for easy access to the North, South, East and West of Perth, using the Highways and main roads surrounding the property including, Leach Highway, Abernethy Road together with Tonkin and Roe Highways.Building Details:Building 13,716sqm*Building 2928sqm*Building 3935sqm*Vacant Land4,961sqm* (Leased as hardstand) - Burchell WayLease DetailsThe property is fully leased to 4 separate Tenants providing a total annual rental income of $694,145pa + GST + OutgoingsOffers Invited Closing, Friday 8 March 2024 @ 1pm (AWST)For further information or to arrange an inspection, please contact the Selling Agent. *Approx

Property History for 5/11 Burchell Way, Kewdale, WA 6105

A timeline of how this property has performed in the market
Last Sold
$12,750,000
24 Jun 2024
  • 24 Jun 2024
    Sold for $12,750,000
  • 07 Feb 2024
    Listed for Sale Price on Application

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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 4,245 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 30 properties listed for sale, and 4 properties listed for rent in Kewdale on OnTheHouse. According to CoreLogic's data, 183 properties were sold in the past 12 months in Kewdale.

Suburb Insights for Kewdale 6105

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Burgess Rawson
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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.