SOLD
Sold on 22 Mar 2024 for $6,995,292

507 Great Eastern Highway
Redcliffe WA 6104

Bedrooms: -
Bathrooms: -
Car spaces: 19
Floor area: 918m2
Land area: 2819m2
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Property Details for 507 Great Eastern Hwy, Redcliffe

Building Type
Commercial
Year Built
1981
Floor Size
918m2
Land Size
2819m2
Local Government
Belmont
Lot/Plan
601/D061501

Last Listing description (August 2022)

Ray White Commercial (WA) are pleased to offer 507 Great Eastern Highway, Redcliffe for sale by Private Treaty.

The property is situated on the high traffic corner of Great Eastern Highway & Fauntleroy Avenue and comprises:

• Office/Showroom - 306sqm*
Workshop - 943sqm*
Building area - 1,250sqm*
Total land area - 2,819sqm

Key attributes include:
Industrial Zoning
7 Roller doors in workshop
Service pit
Solar Panels
19 car bays

Potential uses under the TPS include: Motor Vehicle & Boat Sales, Hire & Repair, Open Display, Warehouse and other uses (approved or discretionary) under the TPS.

Situated next to the boundary of Perth Airport, located 13kms east of Perth CBD and with in close proximity to Tonkin Highway, Graham Farmer Freeway and other main arterial roads.

For more information or to arrange an inspection please contact

Martin Vogt
Ray White Commercial (WA)
M: 0428 619 514
E: martin.vogt@raywhite.com.au

Chris Matthews
Ray White Commercial (WA)
M: 0413 359 315
E: chris.matthews@raywhite.com.au

*Approximate

Property History for 507 Great Eastern Hwy, Redcliffe, WA 6104

A timeline of how this property has performed in the market
Last Sold
$6,995,292
22 Mar 2024
  • 22 Mar 2024
    Sold for $6,995,292
  • 27 Jun 2022
    Sold for $3,575,000
  • 01 Feb 2022
    Listed for Sale $3,350,000
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About Redcliffe 6104

The size of Redcliffe is approximately 2.7 square kilometres. It has 18 parks covering nearly 8.5% of total area. The population of Redcliffe in 2011 was 4,757 people. By 2016 the population was 4,956 showing a population growth of 4.2% in the area during that time. The predominant age group in Redcliffe is 30-39 years. Households in Redcliffe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redcliffe work in a trades occupation. In 2011, 58.4% of the homes in Redcliffe were owner-occupied compared with 59.3% in 2016.

Redcliffe has 2,336 properties. Over the last 5 years, Houses in Redcliffe have seen a 82.51% increase in median value, while Units have seen a 88.48% increase. As at 31 August 2024:

  • The median value for Houses in Redcliffe is $739,680 while the median value for Units is $511,039.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Redcliffe on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Redcliffe.

Suburb Insights for Redcliffe 6104

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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.