OFF MARKET

54 Edward Street
Perth WA 6000

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 185m2
Land area: 546m2
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Property Details for 54 Edward St, Perth

54 Edward St, Perth is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 546m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1920
Floor Size
185m2
Land Size
546m2
Local Government
Vincent
Lot/Plan
1/D004768

Last Listing description (December 2019)

Colliers International is pleased to offer for sale 54 Edward Street, Perth.

A rare opportunity to purchase a freehold character office located on a corner position in a sought after inner city precinct with outstanding redevelopment potential.


The property suits developers seeking an opportunity to create a high density, mixed-use development or future owner-occupiers to occupy this versatile character office.

LOCATION
The property is situated on the doorstep of the Perth CBD and is within close proximity to Northbridge, the Graham Farmer Freeway, Claisebrook Railway station and offers ample street parking amenity.

IMPROVEMENTS
The existing building consists of a single level character office consisting of five individual offices, open plan space / kitchen area plus staff amenities and a separate office / storage area. There are five on site car bays.

DEVELOPMENT GUIDELINES
Zoning: Mixed-Use R100
Plot Ratio: 1:30:1
Height Limit: Up to 8 storeys**

LAND DETAILS
Frontage to Edward Street 16.89 sqm*
Frontage to Gladstone Street 32.18 sqm*
Total Land Area 544 sqm*

TENANCY
The property is currently leased to April 2021. Please refer to the Selling Agent for further details.

ASKING PRICE:
$990,000

For further information or to arrange an inspection, please contact the Exclusive Selling Agent.

* Approximate
** Subject to Council Approval

Property History for 54 Edward St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$935,000
14 Aug 2019
Listed for Rent
09 May 2018
  • 14 Aug 2019
    Sold for $935,000
  • 21 Jun 2019
    Listed for Sale $990,000
  • 28 Sep 2017
    Listed for Rent - Price not available
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2011 was 9,236 people. By 2016 the population was 11,424 showing a population growth of 23.7% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation. In 2011, 37.1% of the homes in Perth were owner-occupied compared with 35.1% in 2016.

Perth has 11,665 properties. Over the last 5 years, Houses in Perth have seen a 33.11% increase in median value, while Units have seen a 45.23% increase. As at 31 October 2024:

  • The median value for Houses in Perth is $1,023,675 while the median value for Units is $548,965.
  • Houses have a median rent of $700 while Units have a median rent of $655.
There are currently 164 properties listed for sale, and 82 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 830 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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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.