131 Fitzgerald StreetWest Perth WA 6005
Property Details for 131 Fitzgerald St, West Perth
Last Listing description (May 2024)
Burgess Rawson are pleased to present to the market for sale 131 Fitzgerald Street, West Perth.The property offers a rare opportunity to purchase a freehold office/warehouse just minutes from the Perth CBD with a holding income.Improvements The building of circa 176sqm comprises a mix of office/showroom area and rear warehouse space with loading dock and roller door.The space would be suitable for a future owner occupier or investor.ZoningThe property resides within the City of Vincent and is zoned 'Mixed Use R80' with a potential building height of 6 storeys. Income The property is leased with an income of $21,929.40 pa on a 3 year term expiring on the 27th May 2024 with one further 3 year option. Asking price: $1,125,000 (NO GST).For further details please contact the exclusive selling agent Luke Randazzo on 0417 181 309
Property History for 131 Fitzgerald St, West Perth, WA 6005
- 09 Feb 2024Sold for $1,100,000
- 25 Aug 2022Listed for Sale Price on Application
- 06 Sep 1996Sold for $185,000
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0About 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.
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