SOLD
Sold on 12 Dec 2023 for $520,000

8/76 Newcastle Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 123m2
Land area: 161m2
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Property Details for 8/76 Newcastle St, Perth

Building Type
Commercial
Year Built
2007
Floor Size
123m2
Land Size
161m2
Local Government
Vincent
Lot/Plan
8/S052824

Last Listing description (May 2023)

Vita Property are pleased to exclusively present for sale 8/76 Newcastle Street, Perth.

The asset presents a truly unique opportunity to acquire this dual income investment, offering:


- 53sqm Ground Floor Commercial Space
- 70sqm First Floor Residential Apartment
- 19sqm Courtyard
- 5sqm storeroom
- 1 Secure Bay
- Common Areas include Pool, Gym and BBQ

- Residential Apartment currently Leased for $1,970per month
- Commercial Office, Vacant, although Expected Return of $1,420per month plus Outgoings plus GST

For further information or to arrange an inspection, please contact the exclusive selling agent:
Spiro Agapitos
Vita Property
0401 137 7...

Disclaimer: We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendor/s or their Agent can accept responsibility for error or omissions. Prospective Purchasers and/or Lessees are advised to carry out their own investigations.

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Property History for 8/76 Newcastle St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$520,000
12 Dec 2023
Listed for Rent
$249/w
21 May 2015
  • 12 Dec 2023
    Sold for $520,000
  • 09 May 2023
    Listed for Sale Expression of Interest
  • 30 Apr 2015
    Listed for Rent $13,000 / year
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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 11,664 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 80 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 822 properties were sold in the past 12 months in Perth.

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