10 Ferres DriveMartin WA 6110
Property Details for 10 Ferres Dr, Martin
Last Listing description (May 2019)
NATIONAL STORAGE COMING
This is a genuine opportunity to purchase a unique land and capitalise on the strong visual exposure to Tonkin Highway, high traffic volumes that are growing, limited service retailing available along Tonkin Highway and in a residential growth area.
KEY FEATURES:
- Substantial traffic flow, forecast to increase significantly
- Close proximity to established residential development
- Only Tonkin Highway site available for Commercial
- Multiple road frontages
TITLE DETAILS:
Lot 5007 on Deposited Plan 28867 being the whole of the property contained in Certificate of Title Volume 2521 Folio 512.
LOCATION:
The Ferres Drive Precinct will capture trade from a large area well beyond the local residential market and include the significant traffic volumes along Tonkin Highway.
Tonkin Highway represents a significant link for freight and industry workers including FIFO as well as travellers from the south-eastern growth areas of Perth to inner suburban Perth. The site is afforded reasonably unconstrained access to the Tonkin Highway, with connections to both Perth Airport and southern regions of Western Australia.
ZONING:
The property is located within the municipality of the City Of Gosnells and is currently zoned Highway Commercial. Buyers should clarify and satisfy themselves as to any zoning matters with the City of Gosnells or Western Australian Planning Commission.
SERVICES:
Power, telephone and water and sewer connected to the lot.
This is a great commercial development opportunity.
For further details contact:
Phil Farris
0411 333 550
philf@rfre.com.au
Michael Fuller
0404 162 777
michaelf@rfre.com.au
Property History for 10 Ferres Dr, Martin, WA 6110
- 20 Dec 2019Sold for $11,800,000
- 29 Apr 2019Listed for Sale # SOLD # $2,000,000 + GST
- 08 Feb 2019Listed for Sale # SOLD # $2,000,000 + GST
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About Martin 6110
The size of Martin is approximately 28.4 square kilometres. It has 13 parks covering nearly 56.2% of total area. The population of Martin in 2011 was 1,165 people. By 2016 the population was 1,526 showing a population growth of 31.0% in the area during that time. The predominant age group in Martin is 50-59 years. Households in Martin are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Martin work in a trades occupation. In 2011, 85.5% of the homes in Martin were owner-occupied compared with 76.3% in 2016.
Martin has 898 properties. Over the last 5 years, Houses in Martin have seen a 119.20% increase in median value, while Units have seen a 156.33% increase. As at 31 October 2024:
- The median value for Houses in Martin is $760,427 while the median value for Units is $612,323.
- Houses have a median rent of $650.
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