SOLD
Sold on 02 Jan 2024 for $420,000

16/40 Meares Avenue
Kwinana Town Centre WA 6167

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 71m2
Land area: 71m2
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Property Details for 16/40 Meares Ave, Kwinana Town Centre

Building Type
Commercial
Year Built
1989
Floor Size
71m2
Land Size
71m2
Local Government
Kwinana
Lot/Plan
16/S023790

Last Listing description (September 2019)

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 31/3/2021 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.

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Property History for 16/40 Meares Ave, Kwinana Town Centre, WA 6167

A timeline of how this property has performed in the market
Last Sold
$420,000
02 Jan 2024
Listed for Rent
13 Mar 2019
  • 02 Jan 2024
    Sold for $420,000
  • 13 Jan 2021
    Sold for $515,000
  • 05 Mar 2019
    Listed for Sale From $595,000 (Going Concern)
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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 116.06% increase in median value, while Units have seen a 14.79% increase. As at 30 November 2024:

  • The median value for Houses in Kwinana Town Centre is $532,133 while the median value for Units is $532,795.
  • Houses have a median rent of $550.
There are currently 3 properties listed for sale, and 1 property listed for rent in Kwinana town centre on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Kwinana town centre.

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