SOLD
Sold on 13 Sep 2024 for $870,000

12/75 Excellence Drive
Wangara WA 6065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 393m2
Land area: 393m2
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Property Details for 12/75 Excellence Dr, Wangara

Building Type
Commercial
Year Built
2008
Floor Size
393m2
Land Size
393m2
Local Government
Wanneroo
Lot/Plan
12/S055429

Last Listing description (August 2019)

THIS PROPERTY HAS BEEN SOLD.
Modern tilt slab warehouse with high truss offered for sale with future flexibility.
Currently tenanted until 15th July 2020, the tenant has a 2 year option to extend, at which time a market rent review will apply.

Alternative options, should the tenant not exercise their option, you can move in and occupy the premise yourself, or re-let.
Exceptionally well positioned near the corner of Hartman and Gnangara Rd providing convenient access to major road networks.
PROPERTY DETAILS
- 393m2 approx office / warehouse
- electric roller door access
- high truss
- air cond office / showroom
- great location with excellent access to major road networks
- male / female bathrooms
- foreman's office
Current lease expires 15th July 2020. The tenant has a 2 year option to renew.
Asking $555,000
GST not applicable as going concern
Perth Commercial Property welcomes your enquiry on this property.

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Property History for 12/75 Excellence Dr, Wangara, WA 6065

A timeline of how this property has performed in the market
Last Sold
$870,000
13 Sep 2024
Listed for Rent
$527/w
09 Jul 2018
  • 13 Sep 2024
    Sold for $870,000
  • 09 Jul 2019
    Sold for $510,000
  • 19 Feb 2019
    Listed for Sale $555,000
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About Wangara 6065

The size of Wangara is approximately 5.6 square kilometres. It has 2 parks covering nearly 0.7% of total area. The population of Wangara in 2011 was 38 people. By 2016 the population was 28 showing a population decline of 26.3% in the area during that time. The predominant age group in Wangara is 50-59 years. Households in Wangara are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Wangara work in a trades occupation. In 2006, 23.1% of the homes in Wangara were owner-occupied compared with 55.6% in 2011..

Wangara has 2,730 properties. Over the last 5 years, Houses in Wangara have seen a 107.98% increase in median value, while Units have seen a 34.49% increase. As at 31 October 2024:

  • The median value for Houses in Wangara is $952,194 while the median value for Units is $580,785.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Wangara on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Wangara.

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