This rare find is on the market for the first time in over 14 years and offered for sale.
Currently vacant, however the property was owned and occupied by the well- known and respected health business Sonic Hearing for many years.
This now provides an opportunity for a Buyer to secure a well located asset in this inner city location on Walcott Street. The property sits on the border of inner city suburbs Menora, North Perth and Mt Lawley.
The size of Menora is approximately 1.1 square kilometres. It has 5 parks covering nearly 10.6% of total area. The population of Menora in 2011 was 2,674 people. By 2016 the population was 2,588 showing a population decline of 3.2% in the area during that time. The predominant age group in Menora is 80-89 years. Households in Menora are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Menora work in a professional occupation. In 2011, 59.3% of the homes in Menora were owner-occupied compared with 61.8% in 2016.
Menora has 755 properties. Over the last 5 years, Houses in Menora have seen a 78.82% increase in median value, while Units have seen a 97.71% increase. As at 31 October 2024:
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