SOLD
Sold on 28 Aug 2024 for $132,000

5/44 Kings Park Road
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 22m2
Land area: 35m2
Sold By
Jason Stanley
Northbridge Sales and Leasing Pty Ltd
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Property Details for 5/44 Kings Park Rd, West Perth

Building Type
Commercial
Floor Size
22m2
Land Size
35m2
Local Government
Perth
Lot/Plan
5/S029876

Last Listing description (September 2024)

Conveniently positioned on the ground floor, the office is arguably one of the best positioned in this highly maintained complex.
Such a rare opportunity to buy a small office with its own car bay.

Being familiar with this prestigious precinct, you will be aware of close proximity of the office to the CBD, inner city free bus network, freeways and local amenity, all whilst being surrounded by a national park and shaded, tree lined streets.

INVESTMENT HIGHLIGHTS
- Outstanding CBD fringe, entry-level opportunity
- Very tightly held precinct
- Prominent corner positioned building
- Well presented office and convenient ground floor position
- On-site secretarial services available (third party provider - no obligation to use)
- Common amenities including ambulant toilet, shower and secure bicycle storage.
- Abundant local amenity, open space and public parking
- Highly accessible with outstanding connectivity to major transport networks
- Your own secure undercover on-site carbay

We encourage you to consider this boutique opportunity by talking to Franco or Jason today, the appointed Joint Exclusive Selling Agents.

Office area: 22m2
Car bay: 1

Outgoings for FY 2024/25:
Council Rates $1,429.90*
Water Rates $1,188.00*
Strata Levies: $5,596.20* inc GST
Government DOT Levy (Car Bay) $1,325.99* inc GST as invoiced

Property History for 5/44 Kings Park Rd, West Perth, WA 6005

A timeline of how this property has performed in the market
Last Sold
$132,000
28 Aug 2024
Listed for Rent
$13k/w
28 Jul 2020
  • 28 Aug 2024
    Sold for $132,000
  • 26 Mar 2024
    Listed for Sale $129,000 + GST
  • 20 Aug 2023
    Listed for Sale $139,500 + GST
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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 5,816 properties. Over the last 5 years, Houses in West Perth have seen a 33.50% increase in median value, while Units have seen a 36.49% increase. As at 31 August 2024:

  • The median value for Houses in West Perth is $993,111 while the median value for Units is $562,232.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 67 properties listed for sale, and 34 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 346 properties were sold in the past 12 months in West perth.

Suburb Insights for West Perth 6005

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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.