5/38-40 Colin StreetWest Perth WA 6005
Property Details for 5/38-40 Colin St, West Perth
Last Listing description (November 2021)
For Sale or Lease
CBRE is pleased to present for Sale or Lease the ground floor tenancy at unit 5, 38 Colin Street, West Perth.
Prominently located near the intersection of Colin and Ord Street, 38 Colin presents a modern boutique building with an elevated street exposure and striking appearance.
A short walk to the West Perth caf and retail precinct, the building is easily accessible via the freeway and CAT bus system and benefits from nearby amenity provided by the stunning Kings Park.
The existing 113sqm* fit out comprises a waiting area/entry statement, 4 offices, 3 work stations, kitchen, storage & w/c. The 2 allocated car parking bays are located in the basement of the building and are fully secured.
Situated at the North-East corner of the building, the space is well suited to multiple end users including but not limited to a boutique accounting or legal practice, medical/consulting business & mining related services.
For further information or to arrange an inspection, please contact the exclusive selling and leasing agents CBRE
*approx
Property History for 5/38-40 Colin St, West Perth, WA 6005
- 12 Jun 2024Sold for $715,000
- 30 Sep 2020Listed for Rent - Price not available
- 27 Aug 2020Listed for Sale OFFERS INVITED
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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 5,778 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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