OFF MARKET

1/40 Meares Avenue
Kwinana Town Centre WA 6167

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 132m2
Land area: 132m2
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Property Details for 1/40 Meares Ave, Kwinana Town Centre

Building Type
Commercial
Year Built
1989
Floor Size
132m2
Land Size
132m2
Local Government
Kwinana
Lot/Plan
1/S023790

Last Listing description (October 2021)

**Owners will sell on the following terms and conditions:
- $515,000 (going concern)
- 30 days settlement

- No finance
- Any other terms or conditions to be negotiated

** Tenant now Confirmed, Option taken from 01/04/2021 until 31/03/2023

This property is located on Meares Avenue is directly behind the Kwinana Shopping Centre and is a great opportunity for any investor or owner operator to secure the premises which has multiple options.

Features Include:
- Kitchen Facilities
- Male & Female Restrooms
- Air Conditioning
- Window Frontage
- Recently Painted
- Amble Parking Available

Currently leased at $39,000pa plus outgoings until 31/3/2023 with a further 2 year option.

With a multitude of successful businesses currently operating nearby, it is a great opportunity to join the successful complex.

Contact Cory Dell'Olio on 0422 177 247 or Craig White on 0417 924 444 for further details.

Property History for 1/40 Meares Ave, Kwinana Town Centre, WA 6167

A timeline of how this property has performed in the market
Last Sold
$330,000
09 Apr 1997
Listed for Rent
$326/w
05 Nov 2020
  • 16 Dec 2019
    Listed for Sale UNDER OFFER!!
  • 26 Aug 2019
    Listed for Rent $17,000 / year
  • 17 May 2019
    Listed for Rent $17,000 / year
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About Kwinana Town Centre 6167

The size of Kwinana Town Centre is approximately 0.8 square kilometres. It has 3 parks covering nearly 73.7% of total area. The population of Kwinana Town Centre in 2011 was 21 people. By 2016 the population was 241 showing a population growth of 1047.6% in the area during that time. The predominant age group in Kwinana Town Centre is 20-29 years. Households in Kwinana Town Centre are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kwinana Town Centre work in a trades occupation. In 2011, 50% of the homes in Kwinana Town Centre were owner-occupied compared with 27.2% in 2016.

Kwinana Town Centre has 459 properties. Over the last 5 years, Houses in Kwinana Town Centre have seen a 126.17% increase in median value, while Units have seen a 14.79% increase. As at 31 October 2024:

  • The median value for Houses in Kwinana Town Centre is $534,811 while the median value for Units is $498,062.
  • Houses have a median rent of $550.
There are currently 3 properties listed for sale, and no properties listed for rent in Kwinana town centre on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Kwinana town centre.

Suburb Insights for Kwinana Town Centre 6167

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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.