Where else can you purchase a standalone piece of Commercial Real Estate of 1,453m2 (approx) in the Perth Metro area for this price?
This property is as rare as they come and will appeal to those looking for a site suitable for development (STCA).
Along the frontage to Brown Avenue there is an easement that covers some of the site to a depth of 6 metres or 287m2 (approx) however the site is still very workable.
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The size of Naval Base is approximately 5.1 square kilometres. It has 5 parks covering nearly 23.2% of total area. The population of Naval Base in 2011 was 12 people. By 2016 the population was 20 showing a population growth of 66.7% in the area during that time. The predominant age group in Naval Base is 40-49 years. Households in Naval Base are primarily childless couples and are likely to be repaying $1200 - $1400 per month on mortgage repayments. In general, people in Naval Base work in a trades occupation..
Naval Base has 333 properties. Over the last 5 years, Houses in Naval Base have seen a 47.20% increase in median value, while Units have seen a -35.06% decrease. As at 31 August 2024:
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