SOLD
Sold on 09 Dec 2023 for $330,000

6/83 Mell Road
Spearwood WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 83m2
Land area: 82m2
Sold By
Cortes Management Group Cockburn Central
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Property Details for 6/83 Mell Rd, Spearwood

Building Type
Commercial
Year Built
2010
Floor Size
83m2
Land Size
82m2
Local Government
Cockburn
Lot/Plan
6/S054817

Last Listing description (January 2024)

Cortes Management Group proudly presents this commercial property opportunity to the Perth commercial market.Discover an exceptional investment opportunity with this commercial property located at 6/83 Mell Road in the thriving area of Spearwood. Offering a strategic location, versatile space, and potential for healthy returns, this property is a must-consider for astute investors or to move your business.The property features a flexible layout that can be customized to suit a variety of business types not to mention the benefits of being in a sought-after commercial area with easy access to major roads and local amenities and the Growth potential.The property offers the following65 SQM ground floor18 SQM approved mezzanineFit out for consulting roomsAir conditioningRequest the Information memorandum today.

Property History for 6/83 Mell Rd, Spearwood, WA 6163

A timeline of how this property has performed in the market
Last Sold
$330,000
09 Dec 2023
  • 09 Dec 2023
    Sold for $330,000
  • 06 Sep 2023
    Listed for Sale Offers from $329,000
  • 19 Apr 2018
    Listed for Sale $280,000 No GST
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About Spearwood 6163

The size of Spearwood is approximately 6.1 square kilometres. It has 28 parks covering nearly 26.3% of total area. The population of Spearwood in 2011 was 9,097 people. By 2016 the population was 10,037 showing a population growth of 10.3% in the area during that time. The predominant age group in Spearwood is 40-49 years. Households in Spearwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spearwood work in a trades occupation. In 2011, 68.6% of the homes in Spearwood were owner-occupied compared with 66.8% in 2016.

Spearwood has 6,070 properties. Over the last 5 years, Houses in Spearwood have seen a 104.03% increase in median value, while Units have seen a 91.96% increase. As at 31 October 2024:

  • The median value for Houses in Spearwood is $882,531 while the median value for Units is $477,179.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 49 properties listed for sale, and 6 properties listed for rent in Spearwood on OnTheHouse. According to CoreLogic's data, 212 properties were sold in the past 12 months in Spearwood.

Suburb Insights for Spearwood 6163

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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.