24/639 Beach RoadWarwick WA 6024
Property Details for 24/639 Beach Rd, Warwick
Last Listing description (August 2024)
Darrell Crouch and Associates Pty Ltd are pleased to present to the market this Fast Food Outlet at 24/639 Beach Road, Warwick. (Part of the Warwick Shopping Precinct).
The asset has the following key investment features:
Secure Lease until 2026 plus options.
Mochachos - Iconic fast food chain.
Next to McDonalds food outlet. (Shared drive thru facilities).
Prominent 273sqm 'strata lot' with single drive through lane facility.
200sqm of main building designed for fast food outlet.
Direct access via Warwick Grove Shopping Centre Carpark.
Rare freestanding building adjoining and situated within this successful retail precinct, which includes McDonalds, KFC, Super Bowl Warwick, Coles, Woolworths, Subway and the Hoyts Cinema Complex.
For further information or to view please contact Darrell Crouch on Mobile 0412 343 000 or email darrell@crouchgroup.com.au
Property History for 24/639 Beach Rd, Warwick, WA 6024
- 24 Jun 2024Sold for $875,000
- 19 Jul 2023Listed for Sale $933,000
- 06 May 2012Listed for Rent - Price not available
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About Warwick 6024
The size of Warwick is approximately 3 square kilometres. It has 13 parks covering nearly 32.1% of total area. The population of Warwick in 2011 was 3,815 people. By 2016 the population was 3,717 showing a population decline of 2.6% in the area during that time. The predominant age group in Warwick is 60-69 years. Households in Warwick are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warwick work in a professional occupation. In 2011, 81% of the homes in Warwick were owner-occupied compared with 78% in 2016.
Warwick has 1,980 properties. Over the last 5 years, Houses in Warwick have seen a 82.58% increase in median value, while Units have seen a 156.59% increase. As at 31 October 2024:
- The median value for Houses in Warwick is $903,538 while the median value for Units is $688,615.
- Houses have a median rent of $700 while Units have a median rent of $650.
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