SOLD
Sold on 02 Jun 2024 for $899,800

8/98 Mill Point Road
South Perth WA 6151

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 131m2
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Property Details for 8/98 Mill Point Rd, South Perth

Building Type
Commercial
Year Built
2016
Land Size
131m2
Local Government
South Perth
Lot/Plan
23/S066615

Last Listing description (November 2024)

Sterling Property are pleased to present to the market For Sale Suite 8, Southbank Commercial, a rare opportunity for an owner occupier to occupy a fully fitted office in the heart of South Perth.

Suite 8 is a 131sqm* corner tenancy situated on Level 2 with excellent natural light, a modern fit-out design and 3 undercover secure car bays.

Key Features:

Includes furniture, workstations etc.
Walking distance to the popular Mends Street strip and South Perth Foreshore
Depreciation benefits
3 undercover secure car bays
End of trip facilities
Excellent client parking
Direct access to major arterial roads & buses servicing the Perth CBD and metropolitan surrounds
Excellent schools, medical, retail amenity, parks and lifestyle within walking distance

Location:
Centrally located on the corner of Mill Point Road and Harper Terrace, the property enjoys easy access to the new Mends Street Arcade which includes The Good Grocer IGA. It is footsteps to the Mends Street caf strip, reinvigorated South Perth Foreshore and the freeway on-ramp.

Statutory Outgoings Approx:
Council Rates: $5,000 * pa
Water Rates: $1,400* pa
Strata Levies: $7,300* pa
Total: $13,700* pa

Asking Price: Offers in the mid $800,000 plus GST (if applicable).

For further information or to arrange an inspection, please contact the Exclusive Selling Agents Jack Bradshaw and Jake Wallman.

*Approx

Property History for 8/98 Mill Point Rd, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$899,800
02 Jun 2024
Listed for Rent
$992/w
14 Mar 2023
  • 02 Jun 2024
    Sold for $899,800
  • 07 Jun 2023
    Listed for Sale Please Call
  • 07 Jun 2023
    Listed for Rent - Price not available
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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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Contact agent
Jack Bradshaw
Show contact details
Jake Wallman
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Sterling Property Co
Preferred contact:
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.