SOLD
Sold on 14 Aug 2024 for $575,000

8/25 Foss Street
Palmyra WA 6157

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 125m2
Land area: 76m2
Sold By
Empire Commercial Property
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Property Details for 8/25 Foss St, Palmyra

Building Type
Commercial
Floor Size
125m2
Land Size
76m2
Local Government
Melville
Lot/Plan
8/S031231

Last Listing description (September 2024)

Empire Commercial Property are pleased to present 1st Floor, 7&8/25 Foss Street Palmyra to the market For Lease or For Sale.

The 2 units are combined to form 125sqm ready to go office space fully fitted out with 6 Offices, kitchen area, reception area with 2 under cover car bays.

Located Just off the busy Canning hwy, in the tightly held Palmyra area that has very limited office space available.

Other Features Include;

- Secure Car bays
- Newly installed Solar panels
- Freshly Painted external building
- New Ducted AC servicing entire space
- Male and Female Amenities

Property History for 8/25 Foss St, Palmyra, WA 6157

A timeline of how this property has performed in the market
Last Sold
$575,000
14 Aug 2024
  • 14 Aug 2024
    Sold for $575,000
  • 27 Jul 2024
    Listed for Sale Contact Agent
  • 27 May 2022
    Listed for Sale $440,000 + GST / $31,500pa + GST and Outgoings
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About Palmyra 6157

The size of Palmyra is approximately 3.1 square kilometres. It has 18 parks covering nearly 3.5% of total area. The population of Palmyra in 2011 was 6,609 people. By 2016 the population was 6,939 showing a population growth of 5.0% in the area during that time. The predominant age group in Palmyra is 30-39 years. Households in Palmyra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmyra work in a professional occupation. In 2011, 67.1% of the homes in Palmyra were owner-occupied compared with 67.6% in 2016.

Palmyra has 4,305 properties. Over the last 5 years, Houses in Palmyra have seen a 73.95% increase in median value, while Units have seen a 74.62% increase. As at 31 October 2024:

  • The median value for Houses in Palmyra is $1,114,761 while the median value for Units is $642,433.
  • Houses have a median rent of $840 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Palmyra on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Palmyra.

Suburb Insights for Palmyra 6157

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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.