OFF MARKET

12/40 Meares Avenue
Kwinana Town Centre WA 6167

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
Land area: 128m2
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Property Details for 12/40 Meares Ave, Kwinana Town Centre

Building Type
Commercial
Year Built
1989
Floor Size
128m2
Land Size
128m2
Local Government
Kwinana
Lot/Plan
12/S023790

Last Listing description (April 2023)

- LOCATIONThis property is located on Meares Avenue adjacent to the Kwinana Marketplace, which is the shopping hub of the City of Kwinana and includes Coles, Woolworths, BigW, Dan Murphys and Best and Less tenancies. There are several established businesses currently operating within the 40 Meares Avenue complex and nearby. It is a great opportunity to join the prominent complex. Kwinana is approximately 35 kms south of the Perth CBD and its surrounding suburbs include Orelia, Bertram, Leda, Calista, Medina, and Wellard. - CITY OF KWINANAThe City of Kwinana is undergoing rapid growth in population, investment and industrial expansion with a Strategic Community Plan (2001-2031). Kwinana is the second fastest growing local government area in Western Australia, with a current population of 47,658 people; predicted to reach 85,158 by 2036. Source: City of Kwinana- IMPROVEMENTSThis corner tenancy has an approximate net lettable area of 260 m2. The main showroom area is open plan with a rear kitchenette and toilet facilities.The tenancy is bright and spacious with full height windows facing the main car park thoroughfare and the trade centre, providing the tenancy with one of the best locations and exposure to passing traffic. The tenancy has a mix of carpeted and vinyl flooring, full height windows with blinds, suspended ceiling, fluorescent lighting, air-conditioning and a security system. There is substantial parking on site in the development.- ZONINGZoned "Development Zone" under the City of Kwinana's current town planning scheme which allows a variety of office, retail, food, showroom and commercial uses.- AVAILABILITYAvailable immediately. - ASKING RENTALThe net asking rental is $39,000 per annum + outgoings + GST.

Property History for 12/40 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
28 Apr 2023
  • 15 Sep 2022
    Listed for Rent $39,000 / year
  • 11 Mar 2015
    Listed for Rent - Price not available
  • 11 Oct 2014
    Listed for Rent - Price not available
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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 461 properties. Over the last 5 years, Houses in Kwinana Town Centre have seen a 124.58% increase in median value, while Units have seen a 14.79% increase. As at 30 September 2024:

  • The median value for Houses in Kwinana Town Centre is $520,919 while the median value for Units is $483,177.
  • Houses have a median rent of $550.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Kwinana town centre on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Kwinana town centre.

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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.