SOLD
Sold on 21 Feb 2024 for $5,900,000

314 Gnangara Road
Landsdale WA 6065

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 19924m2
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Property Details for 314 Gnangara Rd, Landsdale

Building Type
Commercial
Land Size
19924m2
Local Government
Wanneroo
Lot/Plan
107/P420101

Last Listing description (November 2023)

Colliers are excited to bring 314 Gnangara Road, Wangara to the market For Sale. This unique, large landholding is currently achieving a high rental return from short-term leases and offers the opportunity to invest or redevelop the site.

Key features of the property include:
19,924 sqm* Site Area

Prominent Gnangara Road Frontage
Current holding income returning north of $320k* per annum net
Tenants are seeking lease extensions
Can be purchased with Vacant Possession or as Leased Investment
Sewer connection
Zoned "General Industrial"

*Approximately

For further information or to arrange an inspection, please contact the Colliers sales agents.

Property History for 314 Gnangara Rd, Landsdale, WA 6065

A timeline of how this property has performed in the market
Last Sold
$5,900,000
21 Feb 2024
  • 21 Feb 2024
    Sold for $5,900,000
  • 10 Feb 2023
    Listed for Sale Contact Agents To Discuss Now
  • 06 May 2022
    Listed for Sale Contact Agent for Pricing Details
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About Landsdale 6065

The size of Landsdale is approximately 6.7 square kilometres. It has 13 parks covering nearly 6.7% of total area. The population of Landsdale in 2011 was 7,479 people. By 2016 the population was 12,189 showing a population growth of 63.0% in the area during that time. The predominant age group in Landsdale is 30-39 years. Households in Landsdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Landsdale work in a professional occupation. In 2011, 88.1% of the homes in Landsdale were owner-occupied compared with 87.2% in 2016.

Landsdale has 6,837 properties. Over the last 5 years, Houses in Landsdale have seen a 82.42% increase in median value, while Units have seen a 136.09% increase. As at 31 October 2024:

  • The median value for Houses in Landsdale is $947,963 while the median value for Units is $604,944.
  • Houses have a median rent of $790 while Units have a median rent of $480.
There are currently 29 properties listed for sale, and 6 properties listed for rent in Landsdale on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Landsdale.

Suburb Insights for Landsdale 6065

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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.