SOLD
Sold on 05 Dec 2023 for $1,330,000

2/2 Meadowvale Avenue
South Perth WA 6151

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 145m2
Land area: 146m2
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Property Details for 2/2 Meadowvale Ave, South Perth

Building Type
Commercial
Year Built
1988
Floor Size
145m2
Land Size
146m2
Local Government
South Perth
Lot/Plan
2/S017457

Last Listing description (January 2017)

Located on the corner of Mill Point Road with high exposure and loads of passing traffic
146sqm that would suit Office / Shop or Consulting Rooms or similar
Busy neighborhood centre, you'll be perfectly positioned between Vintage Cellars & Fresh Food Markets

Modern Office fit out with partitioned walls (could be easily removed for a different use), some of the partitioned walls are floor to ceiling glass and glass doors
Complex has lots and lots of off street parking, plus 2 street fronts for easy access
Currently used as an Office by Real Estate Agency & Home Builder, and there is the practical office fitout already in place.
Many other uses maybe possible (S.T.C.A) including as a shop or consulting rooms.
This is a rare and unique opportunity to join this busy neighborhood center with a great mix of shops, join Vintage Cellars, Fresh Food Markets, Seafood, Hairdresser & 2 restaurants already within the Meadowvale Shopping Centre. This complex is well established locally and enjoys many passers by.
On the corner of Mill Point Road and Meadowvale Avenue just metres from the South Perth foreshore, opposite a small park & playground, next to a private Day Hospital and with a bus stop almost at the front door!
Complete with alarm, ducted evaporative air conditioning and the NBN is already connected.
The property is currently occupied, and a new lease is available on approx 30 days notice.
South Perth has an exciting future, why not be part of it!
Long Lease Available
Asking $67,000 + outgoings + GST per annum
Lets negotiate today!
All enquiries to: Russell White 0419 903 598 russell@parkproperty.com.au

Property History for 2/2 Meadowvale Ave, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$1,330,000
05 Dec 2023
Listed for Rent
19 Jan 2017
  • 05 Dec 2023
    Sold for $1,330,000
  • 19 Jan 2017
    Listed for Rent $67,000 / year
  • 30 Sep 2016
    Listed for Rent $67,000 / 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 8,607 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 85 properties listed for sale, and 26 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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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.