SOLD
Sold on 01 Jul 2024 for $900,000

62/85 Monash Avenue
Nedlands WA 6009

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 113m2
Land area: 84m2
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Property Details for 62/85 Monash Ave, Nedlands

Building Type
Commercial
Year Built
1983
Floor Size
113m2
Land Size
84m2
Local Government
Nedlands
Lot/Plan
62/S058316

Last Listing description (February 2023)

Burgess Rawson are pleased to present to the market for lease Suite 62 at 85 Monash Avenue, Nedlands. The 84sqm suite comprises two generous sized consulting rooms, dedicated reception and exclusive kitchenette. The rooms are ready for immediate occupation and would be suitable for a range specialists. The suite resides within the Hollywood Medical Centre and is ideal for medical practitioners and specialists who require to be located close to the new hospitals and enjoys easy access onto main arterial roads including Thomas Road, Stirling Highway and Railway Road.Features+ 84sqm medical suite+ Ready for occupation+ Premium fit out+ Tightly held centre with rare vacancies+ Exclusive kitchenette+ Close proximity to surrounding medical amenities and hospital+ One exclusive car bay+ Well serviced by bus and cycle routes$395/sqm + Outgoings + Car Bay + GSTCar Bay charged at $150 + GST per monthFor further information please contact the exclusive leasing agents Luke Randazzo & Rob Selid.

Property History for 62/85 Monash Ave, Nedlands, WA 6009

A timeline of how this property has performed in the market
Last Sold
$900,000
01 Jul 2024
Listed for Rent
$636/w
14 Feb 2023
  • 01 Jul 2024
    Sold for $900,000
  • 19 May 2022
    Listed for Sale $975,000 + GST | $395/sqm + Outgoings + GST
  • 02 Feb 2022
    Listed for Rent $33,097 / 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 5,140 properties. Over the last 5 years, Houses in Nedlands have seen a 60.87% increase in median value, while Units have seen a 69.75% increase. As at 31 October 2024:

  • The median value for Houses in Nedlands is $2,304,269 while the median value for Units is $872,715.
  • Houses have a median rent of $1,100 while Units have a median rent of $695.
There are currently 41 properties listed for sale, and 18 properties listed for rent in Nedlands on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Nedlands.

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Burgess Rawson
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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.