OFF MARKET

10/12-14 Thelma Street
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 201m2
Land area: 266m2
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Property Details for 10/12-14 Thelma St, West Perth

10/12-14 Thelma St, West Perth is a bedroom, bathroom Unit with 4 parking spaces and was built in 1994. The property has a land size of 266m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
1994
Floor Size
201m2
Land Size
266m2
Local Government
Perth
Lot/Plan
10/S019259

Last Listing description (January 2017)

- 12th month holding income @ 10.6%* return.
- Ideal for future owner occupier.
- Lead time for an investor to secure tenant.

- 201sqm* and 5 undercover car bays.
- Excellent mix of open plan and partitioned offices.
- Current rent approximately $102,504* pa + Outgoings + GST.
- Leased until 31 July 2017.
- Superb views and natural light overlooking the CBD.
- Close proximity to West Perth retail strip, CAT Bus and City West Train Station.
Burgess Rawson is pleased to offer for sale Lot 10, 12-14 Thelma Street West Perth. A superb opportunity to purchase a leased commercial investment property ideally suited for a future owner occupier or investor.
This property is conveniently located on the whisper quiet Thelma Street positioned north of Murray Street. It is within walking distance to the West Perth retail/caf strip, CAT bus and City West train station. It provides great access to the CBD, freeways and major arterial roads.
Strata Area
201sqm*
Undercover Car Bays
Five
Legal Description
Lot 10 on Strata Plan 19259 Certificate of Title Volume 1939 Folio 770
Zoning
The City of Perth advise that the property is zoned 'Office/Residential'.
Lease Particulars
Lessee: JBS Environmental Pty Ltd
Expiry: 31 July 2017
Current Income: $102,504 pa
Rent Reviews: Annual 4% increase on 1st August 2016
Outgoings: All payable by the Lessee
Statutory Outgoings 16/17
Council Rates $5,409pa
Water Rates - $1,464pa
Land Tax - $823pa
Strata Levies - $28,493pa

Goods and Services Tax
The Sellers are registered for GST and the property will be sold as a 'Going Concern'.
Asking Price
$965,000 (GST Going Concern)
For further information please contact the Exclusive Selling Agents.
*Approx

Property History for 10/12-14 Thelma St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$900,000
06 Oct 2016
  • 06 Oct 2016
    Sold for $900,000
  • 20 Jul 2016
    Listed for Sale $965,000 (GST Going Concern)
  • 24 Feb 2016
    Listed for Sale Not Disclosed
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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.

West Perth has 5,779 properties. Over the last 5 years, Houses in West Perth have seen a 40.02% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:

  • The median value for Houses in West Perth is $1,050,180 while the median value for Units is $570,414.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 34 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 362 properties were sold in the past 12 months in West perth.

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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.