SOLD
Sold on 26 Apr 2024 for $4,250,000

7-9 Loftus Street
West Leederville WA 6007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1769m2
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Property Details for 7-9 Loftus St, West Leederville

7-9 Loftus St, West Leederville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 1769m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in West Leederville in the last 12 months.

Building Type
Unit
Year Built
1986
Land Size
1769m2
Local Government
Cambridge
Lot/Plan
501/D069142

Last Listing description (August 2012)

Prime Development Opportunity
NAI Harcourts is pleased to offer this unique opportunity for owner occupiers, developers or investors to purchase this prominent prime land holding of 2,469 sqm with substantial building improvements and holding income.
The properties are in a premium location within the highly regarded West Leederville precinct and have easy and direct access to the Mitchell Freeway, Graham Farmer Tunnel, West Perth and the Perth CBD.

There are three separate titles strategically positioned on a high exposure corner location, that enjoy a 64m frontage to busy Loftus Street which has a daily traffic flow of over 60,000 cars per day (Main Roads Survey June 2008).
The improvements consist of 3 individual buildings incorporating a combination of showroom, office and warehousing and the properties combined have 3 frontages to Loftus Street, Macewan Street and Bermondsey Street.
Total Land Area: 2,469 sqm
Zoning: Commercial, with Mixed Use potential
Improvements:
Building 1 Showroom/Warehouse of approximately 860m2
Building 2 Showroom/Warehouse of approximately 600m2
Building 3 Workshop/Warehouse of approximately 210m2
Approximate Holding Income: $350,000.00 per annum
Method of Sale: Public Auction at 2pm Wednesday 22nd August 2012. To be held at 125 Cambridge Street, West Leederville.
For further details or to obtain an information memorandum please contact Michael Lynch 0418 918 779.

Property History for 7-9 Loftus St, West Leederville, WA 6007

A timeline of how this property has performed in the market
Last Sold
$4,250,000
26 Apr 2024
Listed for Rent
18 Sep 2019
  • 26 Apr 2024
    Sold for $4,250,000
  • 18 Sep 2019
    Listed for Rent - Price not available
  • 24 Aug 2012
    Sold for $8,350,000
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About West Leederville 6007

The size of West Leederville is approximately 1.5 square kilometres. It has 5 parks covering nearly 11.5% of total area. The population of West Leederville in 2011 was 3,807 people. By 2016 the population was 3,963 showing a population growth of 4.1% in the area during that time. The predominant age group in West Leederville is 30-39 years. Households in West Leederville are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in West Leederville work in a professional occupation. In 2011, 58.4% of the homes in West Leederville were owner-occupied compared with 58.8% in 2016.

West Leederville has 2,672 properties. Over the last 5 years, Houses in West Leederville have seen a 78.05% increase in median value, while Units have seen a 71.79% increase. As at 31 October 2024:

  • The median value for Houses in West Leederville is $1,791,030 while the median value for Units is $538,398.
  • Houses have a median rent of $1,000 while Units have a median rent of $575.
There are currently 14 properties listed for sale, and 8 properties listed for rent in West leederville on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in West leederville.

Suburb Insights for West Leederville 6007

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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.