Welcome to 4 Altona Street, West Perth! This stunning heritage-listed property offers a unique opportunity to own a piece of history in the heart of the city. Originally constructed in 1900, this charming building boasts a land area of 650 sqm and a building area of 242 sqm. The property is currently set up as offices, perfect for a business looking for a prestigious and character-filled space. Currently leased until July 2025. Tenant has expressed interest in entering a new lease. Being sold as a going concernLocated in a prime city location, probably the best street in West Perth, - this property offers easy access to all the amenities and attractions that West Perth has to offer. With a price guide of CONTACT AGENT, this property represents a fantastic opportunity for investors or owner-occupiers alike. Don't miss your chance to own this piece of West Perth history - contact us today to arrange a viewing!FEATURES:- Beautiful, spacious rooms- Fully air-conditioned, stained glass entrances, etc.- Select West Perth address- 653sqm of land with side and rear access.LEASE BREAKDOWN:- Rent - $85,800 + GST = $94,380 /PA- Parking - $25,200 + GST = $27,720 /PAOUTGOING BREAKDOWN:- Land tax - $13,064 + GST = $14,370 /PA- City of Perth rates - $9,581.35 + GST = $10,539.48 /PA- Water Corp - $2,850 + GST = $3,135 / PA- Insurance - $1,967.50 + GST = $2,164.25 /PA- Gardening - $9,100 + GST = $10,010 /PA
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:
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