SOLD
RECENT ADVICE
Sold on 31 May 2024 - Price Unavailable

9/100 Mill Point Road
South Perth WA 6151

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 112m2
Land area: 112m2
Sold By
Oxbridge National
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Property Details for 9/100 Mill Point Rd, South Perth

Building Type
Commercial
Year Built
1982
Floor Size
112m2
Land Size
112m2
Local Government
South Perth
Lot/Plan
9/S011020

Last Listing description (July 2024)

Best of the Best!

Located on the ground floor with tall windows, facing Mill Point Road, Suite 9, is highly visible to pedestrian and vehicle traffic. There is also a provision on the sign structure at the road frontage for the business to be listed. This professional suite is ideal for medical & consulting offices.

Investors and business owner operators will be pleased to know that 100 Mill Point Road sits on a site that has significant capital appreciation potential that has yet to be realised and yet to be factored in the selling price. The site is located in the best of the best part of the South Perth golden triangle. The zoning is Centre Commercial with the highest building height provision. Additionally, with increasing growth in the quality of the demographics coupled with new high end prestigious apartment buildings all around, the whole area can be confident of a bright and thriving future for businesses and residents.

The strata unit comes with 4 under-cover secure bays. The common area on the ground level has several visitor car-bays uncommon in newer buildings. The internal area of 112 sqm includes a large conference/training area, 3 offices, a kitchen, and a generous reception area.

A prime location, centrally connected at the edge of the freeway and just around the corner to the Mend Street precinct and Swan River foreshore. Don't miss out!

Strata Levy: $1,625 per quarter | Council rate: $1,115 per quarter | Water service charge: $230 bi-monthly

Call Charles for an inspection on 0403 303 919.

Property History for 9/100 Mill Point Rd, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
31 May 2024
Listed for Rent
$537/w
30 Jun 2022
  • 31 May 2024
    Sold
  • 11 Nov 2023
    Sold for $660,000
  • 25 May 2023
    Listed for Sale From $680,000
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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, 515 properties were sold in the past 12 months in South perth.

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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.