OFF MARKET

302/636 Newcastle Street
Leederville WA 6007

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 362m2
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Last updated 29 Jul 2024
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Property Details for 302/636 Newcastle St, Leederville

Building Type
Commercial
Land Size
362m2
Local Government
Vincent
Lot/Plan
302/S080567

Last Listing description (October 2024)

The Foundry is located at a prime Newcastle Street location, enjoy all the benefits of central living without the CBD's hustle and bustle. With immediate access to the North & South Freeways, just a short walk to the train station, and surrounded by a vibrant mix of cafes, restaurants, and retail options, The Foundry is an ideal spot for your business to flourish.Situated less than 3 km from the Perth CBD, The Foundry provides easy city connectivity and a relaxed urban village feel. Commute by cycling along extensive bike paths or take one of the area's numerous bus routes. Explore a precinct known for its delicious and diverse culinary offerings during lunch breaks.Property Features:- Strata Area: 617sqm- External Area: 359sqm- 11 Car Bays (including 3 car stacker bays) - Currently tenanted with 2 reputable tenants - a Developer Company and a Advisory Group- Tenancy ending mid April 2028- Total Rental: $282,000 PA- Estimated Outgoings: $87,000 PAThis fantastic opportunity allows an investor to acquire a high-quality asset in a dynamic inner-city location.Please do not hesitate to contact Lily Chong for more information.Whatsapp: +61 41 554 7878Email: sales@iqiwa.com.auWechat: IQI_WADisclaimer: The information provided in this advertisement is intended for general guidance only and does not constitute any part of a contract. We have made every effort to ensure the accuracy of this information, which we believe to be reliable, but we do not make any representations or warranties, express or implied, as to its completeness, correctness, suitability or availability. You should not rely solely on this information and should conduct your own independent enquiries and exercise your own judgement before making any decisions. We are not liable for any loss or damage arising from the use of this advertisement or any of its contents.

Property History for 302/636 Newcastle St, Leederville, WA 6007

A timeline of how this property has performed in the market
  • 02 Aug 2024
    Listed for Sale From $4,100,000

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About Leederville 6007

The size of Leederville is approximately 1.5 square kilometres. It has 5 parks covering nearly 23.1% of total area. The population of Leederville in 2011 was 2,944 people. By 2016 the population was 3,146 showing a population growth of 6.9% in the area during that time. The predominant age group in Leederville is 30-39 years. Households in Leederville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Leederville work in a professional occupation. In 2011, 52.8% of the homes in Leederville were owner-occupied compared with 50.7% in 2016.

Leederville has 2,387 properties. Over the last 5 years, Houses in Leederville have seen a 64.18% increase in median value, while Units have seen a 63.62% increase. As at 30 September 2024:

  • The median value for Houses in Leederville is $1,434,023 while the median value for Units is $696,714.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 12 properties listed for rent in Leederville on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Leederville.

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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.