1 Edward RoadUtakarra WA 6530
Property Details for 1 Edward Rd, Utakarra
Last Listing description (July 2018)
With dual road frontage, a well-established site and located within a prime commercial precinct, this opportunity has something for everyone - investors, owner occupiers, developers.
The Land
* Sitting on 8,332sqm with a 110m frontage facing Horward Road and 125m frontage facing Edward Road
* Zoned Service Commercial this allows a myriad of opportunities
The Building
* 1230sqm under the main roof
* Potential to have multiple businesses within the one building
* Will be sold in 'As Is' condition
The Potential
* Renovate the existing building and lease out
* Great facility for your company with options to expand or lease out sections
* Redevelop the site completely
Rates and Lease (approx.)
* Council rates $15,000
* Water rates $1,000 - deep sewerage not available
* Potential return $90,000 - $100,000p/a
Contact exclusive listing agents Lara or Warrick, Team Sadowski/Nevill on 0407 160 175 to inspect this bluechip investment.
'We don't complicate real estate - we keep it black and white'
Property History for 1 Edward Rd, Utakarra, WA 6530
- 17 Apr 2018Listed for Sale $949,000
- 11 Jan 2016Listed for Sale $1.4M GST INCLUSIVE
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0About Utakarra 6530
The size of Utakarra is approximately 4.9 square kilometres. It has 7 parks covering nearly 10.7% of total area. The population of Utakarra in 2011 was 1,292 people. By 2016 the population was 1,389 showing a population growth of 7.5% in the area during that time. The predominant age group in Utakarra is 10-19 years. Households in Utakarra are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Utakarra work in a trades occupation. In 2011, 61% of the homes in Utakarra were owner-occupied compared with 63.2% in 2016.
Utakarra has 871 properties. Over the last 5 years, Houses in Utakarra have seen a 156.67% increase in median value, while Units have seen a 121.50% increase. As at 31 October 2024:
- The median value for Houses in Utakarra is $343,294 while the median value for Units is $311,400.
- Houses have a median rent of $440 while Units have a median rent of $235.
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