SOLD
RECENT ADVICE
Sold on 26 Jul 2024 for $2,193,750

155 Canning Highway
South Perth WA 6151

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 370m2
Land area: 977m2
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Property Details for 155 Canning Hwy, South Perth

Building Type
Commercial
Floor Size
370m2
Land Size
977m2

Last Listing description (July 2024)

A rare opportunity to purchase a piece of South Perth's history! 155 Canning Highway combines two side-by-side commercial spaces- both currently tenanted.

155 currently sits on the highway side with Phoenix Insurance occupying. Featuring a welcoming open plan reception and waiting area, boardroom, staff kitchen with dishwasher and server room, 2x director offices, plus a large open plan area with multiple work stations. Custom cabinetry throughout with break-out area and bar fridge. Additional private rear offices plus Male, Female WC's and end of trip facilities.

155A is on the Elizabeth Street side and is currently occupied. Featuring reception area, customer lounge, staff kitchen, toilet and separate laundry, plus consulting rooms and storage areas. 2x car bays at the door of this office.

Both businesses have access to the rear car park with 11 car bays including 1x accessible bay. Building is fully accessible with ramps, WC and shower facilities.

The two businesses are currently stand-alone but there is capacity to re-instate access and make it into 1 large commercial space (370sqm of approximate NLA)

Zoned R80 Highway Commercial, the long term investment aspect may allow for future development into a mixed use space with city views (STCA).

Contact us for more information on Outgoings & Tenancy Schedule.

Property History for 155 Canning Hwy, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$2,193,750
26 Jul 2024
Listed for Rent
$958/w
21 Oct 2016
  • 27 Jul 2024
    Sold for $2,193,750
  • 19 Jul 2024
    Listed for Sale UNDER CONTRACT
  • 21 Oct 2016
    Listed for Rent $50,000 / year
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2011 was 11,990 people. By 2016 the population was 12,060 showing a population growth of 0.6% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation. In 2011, 51.5% of the homes in South Perth were owner-occupied compared with 54% in 2016.

South Perth has 8,610 properties. Over the last 5 years, Houses in South Perth have seen a 58.17% increase in median value, while Units have seen a 49.33% increase. As at 31 October 2024:

  • The median value for Houses in South Perth is $1,707,935 while the median value for Units is $719,884.
  • Houses have a median rent of $965 while Units have a median rent of $650.
There are currently 84 properties listed for sale, and 27 properties listed for rent in South perth on OnTheHouse. According to CoreLogic's data, 513 properties were sold in the past 12 months in South perth.

Suburb Insights for South Perth 6151

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Simmon Sardelic
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Sam Sardelic
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Sardelic Real Estate
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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.