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Sold on 16 Apr 2024 - Price Unavailable

59 Kinross Drive
Kinross WA 6028

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4693m2
Land area: 4693m2
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Property Details for 59 Kinross Dr, Kinross

Building Type
Commercial
Floor Size
4693m2
Land Size
4693m2

Last Listing description (April 2024)

For Sale by Offers Invited

NAI Harcourts Metro as exclusive selling agent has the pleasure in offering for sale a rare opportunity to buy two well located and well leased properties being sold "as one". The Kinross Shopping Centre a neighborhood shopping Centre and the adjoining medical / mix use Edinburgh Medical Centre.

Offers a great mix of retail, medical and mix use tenancies with the bonus of possible redevelopment potential. This property suits the passive investor and or developer.

• Edinburgh Medical - 23 Edinburgh Avenue Kinross
• Kinross Shopping Centre - 59 Kinross Drive Kinross

Please review the video for a better feel of the property - https://www.dropbox.com/scl/fi/k1auzmr3dcbmtbt6ng2k2/59-Kinross-Dr-Kinross.mp4?rlkey=1oyw3zz4x9lusrj7zsa4gnogt&dl=0

Combining the best of investment opportunities being highly sort after neighborhood shopping Centre and the traditional medical practice, pharmacy and other allied health tenancies are featured comprising the following:
• Two titles
• Mixed Medical / Allied Health / Retail
• 100% Leased
• Attractive WALE
• Suits Owner Occupiers / Investors / Developers
• Improvements 1189 sqm GLA (Approx.)
• Two Lots combined 4,693 sqm (Approx.)
• Combined Income $367,006.99 (excluding out goings and GST)

For further details, Information Memorandum please do not hesitate to contact Paul Sherlock 0413 869 900.

Property History for 59 Kinross Dr, Kinross, WA 6028

A timeline of how this property has performed in the market
Last Sold
16 Apr 2024
Listed for Rent
15 May 2018
  • 10 Apr 2024
    Sold for $5,850,000
  • 08 Mar 2024
    Listed for Sale Offers Invited
  • 27 Feb 2018
    Listed for Rent $20,000 / year
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About Kinross 6028

The size of Kinross is approximately 2.8 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of Kinross in 2011 was 7,172 people. By 2016 the population was 6,891 showing a population decline of 3.9% in the area during that time. The predominant age group in Kinross is 40-49 years. Households in Kinross are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kinross work in a professional occupation. In 2011, 78.5% of the homes in Kinross were owner-occupied compared with 78.8% in 2016.

Kinross has 2,657 properties. Over the last 5 years, Houses in Kinross have seen a 92.79% increase in median value, while Units have seen a 69.44% increase. As at 31 January 2025:

  • The median value for Houses in Kinross is $898,355 while the median value for Units is $602,168.
  • Houses have a median rent of $728 while Units have a median rent of $620.
There are currently 12 properties listed for sale, and 1 property listed for rent in Kinross on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Kinross.

Suburb Insights for Kinross 6028

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Contact agent
Paul Sherlock
Show contact details
NAI Harcourts Metro
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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.