SOLD
Sold on 16 Nov 2023 for $594,000

11/6 Blackwattle Parade
Padbury WA 6025

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 168m2
Land area: 167m2
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Property Details for 11/6 Blackwattle Pde, Padbury

Building Type
Commercial
Floor Size
168m2
Land Size
167m2
Local Government
Joondalup
Lot/Plan
11/S033984

Last Listing description (October 2023)

Unit 11/6 Blackwattle Parade, Padbury is located in the prominent Hepburn Heights Plaza with multiple long-term businesses in operation. The increasing growth, development and popularity of this area requires a new operator to benefit from the increase in demand for its products & services.

Existing fit out and equipment for a restaurant venue, this large unit can be fit out for other retail/business purposes as well subject to council approval.


Suitable for a wine bar or restaurant in the surrounding area filled with local residents. Separate Male and Female Toilets with additional Staff only toilet at the rear of unit with abundance of signage opportunities.

Thrive in this evolving area with easy access to the freeway and huge passing traffic along Hepburn Avenue, this excellent location is close to all major amenities with convenient access to the unit to suit your business needs.

Outgoings are approximately $10,014 + GST per annum.
Please contact Matthew Chee on 0401 635 592 for viewing and further information today.

Property History for 11/6 Blackwattle Pde, Padbury, WA 6025

A timeline of how this property has performed in the market
Last Sold
$594,000
16 Nov 2023
Listed for Rent
$38k/w
20 Oct 2023
  • 16 Nov 2023
    Sold for $594,000
  • 13 May 2021
    Listed for Rent $38,000 / year
  • 05 Mar 2006
    Sold for $413,000
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About Padbury 6025

The size of Padbury is approximately 6.1 square kilometres. It has 18 parks covering nearly 35.2% of total area. The population of Padbury in 2011 was 8,366 people. By 2016 the population was 8,196 showing a population decline of 2.0% in the area during that time. The predominant age group in Padbury is 30-39 years. Households in Padbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Padbury work in a professional occupation. In 2011, 78.4% of the homes in Padbury were owner-occupied compared with 78.6% in 2016.

Padbury has 4,119 properties. Over the last 5 years, Houses in Padbury have seen a 88.69% increase in median value, while Units have seen a 63.75% increase. As at 31 August 2024:

  • The median value for Houses in Padbury is $907,539 while the median value for Units is $611,894.
  • Houses have a median rent of $670 while Units have a median rent of $593.
There are currently 14 properties listed for sale, and no properties listed for rent in Padbury on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Padbury.

Suburb Insights for Padbury 6025

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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.