SOLD
Sold on 03 Aug 2024 for $291,500

20/7 The Esplanade
Mount Pleasant WA 6153

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 45m2
Land area: 75m2
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Property Details for 20/7 The Esplanade, Mount Pleasant

Building Type
Commercial
Floor Size
45m2
Land Size
75m2
Local Government
Melville
Lot/Plan
20/S037121

Last Listing description (October 2024)

They say location is key when buying a home. It's also essential when looking for a place to run a business.
You want something with ease of access. Something surrounded by a good base of potential clients.
And these days, where work is more than just a job, you want somewhere that is a pleasant place to be.

And if you can add in well-priced and with a range of opportunities, you're onto a winner. This suite ticks all those boxes. It's in the heart of the Canning Bridge commercial and lifestyle precincts. It's just 750m from the train station and even closer to bus stops for ease of access for yourself, employees or clients. And it's just off Canning Highway and close to the freeway if you choose to drive.
The population in the area is set to grow as development continues, providing a strong local client base.

And, in a climate where mental wellbeing is becoming of greater importance in the work environment, it is directly opposite the river foreshore, providing an opportunity to step outside and admire the beauty of nature or go for a stroll to relax and recharge when needed. Or you can boost your physical wellbeing with a brisk walk, run or cycle after work.
Then there's the price. At under $300,000 it's extremely affordable, and the owners are also open to leasing the premises - allowing you to try before you buy if you prefer.
The 45sqm suite includes two partitioned spaces. You can create a reception area and an office or have two office spaces. If you don't need that much space, why not share the costs and the rooms with another small business. This has been done previously and worked well.

It's a prime set-up for traditional office-based businesses, such as accountants, legal or settlement agents, but could also be adapted to suit a physio or massage therapist, yoga or pilates studio, counselling services, or used as consulting rooms for other medical practitioners. Making things even easier, the property is vacant, so you can move in quickly and get on with business.

Features
45sqm office space with two rooms
Reverse-cycle airconditioning
Common use of kitchen and toilets
External waiting areas for clients
Two undercover car bays
Visitor parking
The area is zoned "district centre" under the City of Melville Community Planning Scheme

Estimated current: Rates $1968.86 Water $834.19 p/a Strata levy $521.89 p/q

*Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information presented. Turner Estate Agents provides this information without any express or implied warranty as to its accuracy. Any reliance placed upon it is at the client's own risk. Turner Estate Agents accepts no responsibility for the results of any actions taken or reliance placed upon this document.*

Property History for 20/7 The Esplanade, Mount Pleasant, WA 6153

A timeline of how this property has performed in the market
Last Sold
$291,500
03 Aug 2024
Listed for Rent
$3.36k/w
14 Feb 2024
  • 03 Aug 2024
    Sold for $291,500
  • 06 Jul 2024
    Listed for Sale $279,000
  • 22 Jan 2024
    Listed for Sale $330,000
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About Mount Pleasant 6153

The size of Mount Pleasant is approximately 2.8 square kilometres. It has 12 parks covering nearly 9.3% of total area. The population of Mount Pleasant in 2011 was 6,498 people. By 2016 the population was 6,665 showing a population growth of 2.6% in the area during that time. The predominant age group in Mount Pleasant is 50-59 years. Households in Mount Pleasant are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Pleasant work in a professional occupation. In 2011, 72.8% of the homes in Mount Pleasant were owner-occupied compared with 74.3% in 2016.

Mount Pleasant has 4,044 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 76.98% increase in median value, while Units have seen a 40.08% increase. As at 31 October 2024:

  • The median value for Houses in Mount Pleasant is $1,741,089 while the median value for Units is $897,350.
  • Houses have a median rent of $1,000 while Units have a median rent of $725.
There are currently 27 properties listed for sale, and 6 properties listed for rent in Mount pleasant on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Mount pleasant.

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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.