SOLD
Sold on 19 Aug 2024 for $2,500,000

4 Altona Street
West Perth WA 6005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 650m2
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Sold By
Mack Hall Real Estate in assoc. with Knight Frank
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Property Details for 4 Altona St, West Perth

Building Type
Commercial
Year Built
1900
Floor Size
130m2
Land Size
650m2
Local Government
Perth
Lot/Plan
21/P001281

Last Listing description (October 2024)

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

Property History for 4 Altona St, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$2,500,000
19 Aug 2024
Listed for Rent
$747/w
07 Apr 2017
  • 19 Aug 2024
    Sold for $2,500,000
  • 08 Jul 2024
    Listed for Sale CONTACT AGENT
  • 12 Dec 2023
    Listed for Sale CONTACT AGENT
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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 5,785 properties. Over the last 5 years, Houses in West Perth have seen a 32.34% increase in median value, while Units have seen a 37.59% increase. As at 30 September 2024:

  • The median value for Houses in West Perth is $1,019,486 while the median value for Units is $567,211.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 69 properties listed for sale, and 35 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in West perth.

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