SOLD
Sold on 08 Jun 2024 for $495,000

8 Morilla Road
Mundaring WA 6073

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 237m2
Land area: 1008m2
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Property Details for 8 Morilla Rd, Mundaring

Building Type
Commercial
Year Built
1984
Floor Size
237m2
Land Size
1008m2
Local Government
Mundaring
Lot/Plan
33/P013747

Last Listing description (May 2024)

Fantastic opportunity to purchase this green title property with a strong and recognized tyre merchant operating 270 stores across Australia and operating since 1977. The subject property offers:- Building envelope of 237sqm - Land Area of 1,008sqm approximately - Well established business - Separate reception area Land Area:1,008sqm Building Area: 237 sqm Approx.Current Rent: $25,382.00 pa net + GSTOutgoings: $8,508.35 pa + GSTAvailable: Offers from $490,000.00Contact Con Passaris or Jonathan Kilborn to arrange an inspection

Property History for 8 Morilla Rd, Mundaring, WA 6073

A timeline of how this property has performed in the market
Last Sold
$495,000
08 Jun 2024
Listed for Rent
$460/w
03 Aug 2022
  • 08 Jun 2024
    Sold for $495,000
  • 15 Mar 2024
    Listed for Sale Price on Application
  • 27 Jul 2022
    Listed for Rent - Price not available
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About Mundaring 6073

The size of Mundaring is approximately 31.6 square kilometres. It has 20 parks covering nearly 63.6% of total area. The population of Mundaring in 2011 was 3,010 people. By 2016 the population was 3,045 showing a population growth of 1.2% in the area during that time. The predominant age group in Mundaring is 50-59 years. Households in Mundaring are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mundaring work in a professional occupation. In 2011, 76.4% of the homes in Mundaring were owner-occupied compared with 80.9% in 2016.

Mundaring has 1,660 properties. Over the last 5 years, Houses in Mundaring have seen a 74.21% increase in median value, while Units have seen a 27.65% increase. As at 31 October 2024:

  • The median value for Houses in Mundaring is $918,209 while the median value for Units is $452,542.
  • Houses have a median rent of $625.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Mundaring on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Mundaring.

Suburb Insights for Mundaring 6073

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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.