OFF MARKET

36 Lancaster Road
Wangara WA 6065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 838m2
Land area: 1500m2
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Property Details for 36 Lancaster Rd, Wangara

Building Type
Land
Year Built
2009
Floor Size
838m2
Land Size
1500m2
Local Government
Wanneroo
Lot/Plan
211/P045386

Last Listing description (August 2022)

Raine & Horne Commercial & Alliance Commercial are pleased to present to market 36 Lancaster Road Wangara as a leased investment sale.This standalone corner site is leased to GPC Asia Pacific offering a solid commercial investment.- 1,500sqm corner site (Lancaster Road & Bessemer Way)- 254sqm showroom/office (combination open plan and separate offices)- 584sqm clear span high truss warehouse- Large electric roller door- Fenced parking- Kitchen and toiletsLease details;Lessee: GPC Asia PacificRent: $74,310.22pa + Outgoings + GSTTerm: Expires 16/08/2025 + 3 year optionsRent reviews: Higher of CPI/3% annual increase. Market review at lease expiry.Offers InvitedFor further information or to arrange a viewing please contact exclusive Joint agents.

Property History for 36 Lancaster Rd, Wangara, WA 6065

A timeline of how this property has performed in the market
Last Sold
$1,550,300
24 Jun 2022
Listed for Rent
$1.53k/w
30 Nov 2015
  • 24 Jun 2022
    Sold for $1,550,300
  • 20 May 2022
    Listed for Sale Offers Invited
  • 10 Jul 2014
    Listed for Rent $7,916 / month
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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 2,735 properties. Over the last 5 years, Houses in Wangara have seen a 107.05% increase in median value, while Units have seen a 35.16% increase. As at 30 November 2024:

  • The median value for Houses in Wangara is $963,800 while the median value for Units is $595,324.
There are currently 13 properties listed for sale, and 12 properties listed for rent in Wangara on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Wangara.

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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.