SOLD
RECENT ADVICE
Sold on 19 Sep 2024 for $5,940,000

109 Stirling Highway
Nedlands WA 6009

Bedrooms: -
Bathrooms: -
Car spaces: 23
Land area: 1012m2
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Property Details for 109 Stirling Hwy, Nedlands

Building Type
Commercial
Land Size
1012m2
Local Government
Nedlands
Lot/Plan
412/P003492

Last Listing description (August 2023)

EXPERIENCE THE PINNACLE OF CONTEMPORARY SOPHISTICATION WITH THIS STYLISH MODERN FULLY LEASED OFFICE BUILDING WITH HUGE DEVELOPMENT POTENTIAL DEVELOPMENT

Introducing the Exclusive Property Listing by Vast Property Group


Discover the epitome of contemporary elegance at 109 Stirling Highway Nedlands. This remarkable building, situated on the corner of Stirling Highway and Baird Street, directly opposite the prestigious Porsche dealership, offers unparalleled convenience with easy access to the Perth CBD and Southern Suburbs.

Renovated to perfection, this fully refurbished office space sets the benchmark for premium excellence in Nedlands. Seize the investment opportunity to capitalise on the current rental income while exploring the potential for a long-term mixed-use/residential development, subject to Council approval.

Property Highlights approximations:

Total building improvements spanning an impressive 658 sqm approx
First-floor office space measuring approximately 239 sqm approx
First-floor passage way and stairs covering 22 sqm approx
Ground floor office area spanning 247 sqm approx
Boardroom or additional ground floor office space totaling 24 sqm approx
Amenities, storeroom, and passage way to lift area encompassing 40 sqm approx
Ground floor caf or meeting room spanning 46 sqm approx
Spacious ground floor foyer area measuring 40 sqm approx
External front deck area of 33 sqm, perfect for relaxation or meetings
Enter the premises through the main foyer or easily access the basement car park via the lift.

Key Features:

Basement car park with secure remote gate access
Lift from basement car park for effortless mobility
Enhanced security measures ensuring peace of mind
Shower facilities and end-of-trip amenities for your convenience
Dedicated bike storage for eco-friendly commuting options
19.98Kw Solar panels installed

Zoning: R-AC1 Mixed use - Multi level development under the City of Nedlands local planning scheme 3 (PTS3)


Don't miss out on this exceptional opportunity! Contact Eddie Iustini at 0413 837 998 to request an information memorandum and schedule an inspection.

Experience the pinnacle of contemporary sophistication at 109 Stirling Highway Nedlands.

(see images of property prior to tenancy commencement)

Property History for 109 Stirling Hwy, Nedlands, WA 6009

A timeline of how this property has performed in the market
Last Sold
$5,940,000
19 Sep 2024
Listed for Rent
$76k/w
18 Jul 2023
  • 19 Sep 2024
    Sold for $5,940,000
  • 07 Jul 2023
    Listed for Sale Contact Agent
  • 10 Mar 2021
    Listed for Rent $57,500 / year
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About Nedlands 6009

The size of Nedlands is approximately 5.3 square kilometres. It has 18 parks covering nearly 11.3% of total area. The population of Nedlands in 2011 was 10,183 people. By 2016 the population was 10,192 showing a population growth of 0.1% in the area during that time. The predominant age group in Nedlands is 20-29 years. Households in Nedlands are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Nedlands work in a professional occupation. In 2011, 68.8% of the homes in Nedlands were owner-occupied compared with 70.9% in 2016.

Nedlands has 5,144 properties. Over the last 5 years, Houses in Nedlands have seen a 56.70% increase in median value, while Units have seen a 57.43% increase. As at 30 November 2024:

  • The median value for Houses in Nedlands is $2,283,467 while the median value for Units is $861,737.
  • Houses have a median rent of $1,100 while Units have a median rent of $700.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Nedlands on OnTheHouse. According to CoreLogic's data, 275 properties were sold in the past 12 months in Nedlands.

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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.