SOLD
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Sold on 02 Feb 2024 for $560,000

3/9 Profit Pass
Wangara WA 6065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 231m2
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Property Details for 3/9 Profit Pass, Wangara

Building Type
Commercial
Floor Size
231m2
Local Government
Wanneroo
Lot/Plan
3/S052521

Last Listing description (February 2024)

Options galore and part of a superb complex, this quality warehouse/workshop is the perfect base for your growing business.

Located in the vibrant heart of Wangara's thriving industrial community, take full advantage of the well-designed mezzanine that allows abundant storage space without compromising the warehouse floor area.

With so much space at your disposal, combine your business needs with your personal storage requirements, including vehicles, trailers, boats and caravans.

Moments from Ocean Reef Road and Wanneroo Road, ideal for owner-occupiers and investors alike, this rare unit allows for a multitude of different commercial uses.

Some of the property's key highlights include:
• Current lease expires December 2024 (see agent for details)
• 304sqm building area (231sqm ground floor + 73sqm mezzanine)
• High truss warehouse/workshop
• Extra-height roller door plus separate glass door entry
• 3-phase power as well as multiple power and data points
• Flood LED lights
• Compact sink/fridge area and separate toilet and shower
• Secure complex with electric gate and bin storage
• Net income: $28,000 per year + outgoings
• Strata rates: $923.57 per quarter
• Council rates: $2,116.10 annually
• Water rates: $237.92 bi-monthly

Establish your business with incredible storage capacity or secure a long-term investment with solid returns.

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Property History for 3/9 Profit Pass, Wangara, WA 6065

A timeline of how this property has performed in the market
Last Sold
$560,000
02 Feb 2024
  • 23 Jan 2024
    Sold for $560,000
  • 15 Jan 2024
    Listed for Sale UNDER OFFER

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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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Scott Langley
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Emma Langley
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Ray White North Quays
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