SOLD
Sold on 08 Mar 2024 for $1,650,000

624 Beaufort Street
Mount Lawley WA 6050

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 442m2
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Property Details for 624 Beaufort St, Mount Lawley

Building Type
Commercial
Year Built
1950
Floor Size
250m2
Land Size
442m2
Local Government
Vincent
Lot/Plan
700/P400441

Last Listing description (May 2024)

Burgess Rawson are pleased to present to the market for sale 624 Beaufort Street, Mount Lawley. This outstanding freehold asset resides within the absolute epic centre of Beaufort Street, Mount Lawley. The property comprises a single level commercial building fronting Beaufort Street offering buyers the opportunity to; develop, refurbish or repurpose the asset. The asset has the following features;- 442sqm Freehold Parcel of Land- Zoned 'District Centre' - Epicentre of Mount Lawley - 6 Storey Building Height - Gross Improvements - circa 187sqm*- Multitude of uses for Occupiers/Investors/Developers- Rear Laneway access- Rare Mount Lawley green title offering Zoning The property is zoned 'District Centre' according to the City of Vincent Local Planning Scheme No. 2 with the ability to develop 6 storeys. The property is ideally positioned with rear laneway access for any development and prime Beaufort Street frontage.Legal Description Lot 700 on Plan 400441 Volume 2871 Folio 394Asking Price$1,600,000 + GST For further information please contact the exclusive selling agent Luke Randazzo on 0417 181 309. *approx

Property History for 624 Beaufort St, Mount Lawley, WA 6050

A timeline of how this property has performed in the market
Last Sold
$1,650,000
08 Mar 2024
Listed for Rent
25 Feb 2021
  • 08 Mar 2024
    Sold for $1,650,000
  • 09 Feb 2024
    Listed for Sale Price on Application
  • 18 Sep 2019
    Listed for Rent $24,937 / year
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About Mount Lawley 6050

The size of Mount Lawley is approximately 4.3 square kilometres. It has 14 parks covering nearly 9.3% of total area. The population of Mount Lawley in 2011 was 10,702 people. By 2016 the population was 11,127 showing a population growth of 4.0% in the area during that time. The predominant age group in Mount Lawley is 20-29 years. Households in Mount Lawley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Lawley work in a professional occupation. In 2011, 59.1% of the homes in Mount Lawley were owner-occupied compared with 61.1% in 2016.

Mount Lawley has 6,300 properties. Over the last 5 years, Houses in Mount Lawley have seen a 74.24% increase in median value, while Units have seen a 54.39% increase. As at 30 November 2024:

  • The median value for Houses in Mount Lawley is $1,661,425 while the median value for Units is $529,560.
  • Houses have a median rent of $850 while Units have a median rent of $570.
There are currently 30 properties listed for sale, and 7 properties listed for rent in Mount lawley on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in Mount lawley.

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