252 Mill Point RoadSouth Perth WA 6151
Property Details for 252 Mill Point Rd, South Perth
Last Listing description (October 2024)
ICONIC SOUTH PERTH PROPERTYNot very often does such a property become available with so much to offer the new owners. With Vacant Possession available, you can move your business straight in or use the exceptional investment opportunity and lease out.Located only a few hundred metres from the South Perth foreshore and offering views from the 2nd storey, this iconic building has plenty of potential.Originally constructed in the early 1900's, this property has been a corner shop and home, liquor store and real estate office, just to mention a few. Then in 1994, a 2nd storey addition was constructed providing over 250sqm of office space.PROPERTY FEATURES- Unparalleled location- 625sqm corner lot with dual street access- Shower, toilets and kitchen facilities- Current zoning of Local Commercial / R40 under TPS6- Proposed zoning of Local Centre / R40 under LPS7- Great parking with marked bays- Additional storageThis iconic commercial property presents an unparalleled opportunity for investors or business proprietors seeking a prestigious location in South Perth.This is a rare once in a life time chance to invest in a prime piece of South Perth real estate, and sure is to draw significant attention.Please note, only the property is for sale.Disclaimer : This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information included in this document.
Property History for 252 Mill Point Rd, South Perth, WA 6151
- 04 Oct 2024Sold for $2,475,000
- 07 Jun 2024Listed for Sale Early $2,000,000's
- 29 Jul 1987Sold for $16,500
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0About 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.
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