SOLD
RECENT ADVICE
Sold on 26 Jul 2024 for $43,000,000

478 Wanneroo Road
Westminster WA 6061

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 555m2
Land area: 45376m2
Sold By
CB Richard Ellis Institutional Investment Properties
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Property Details for 478 Wanneroo Rd, Westminster

Building Type
Commercial
Floor Size
555m2
Land Size
45376m2
Local Government
Stirling
Lot/Plan
101/D083907

Last Listing description (November 2024)

Stirling Central Shopping Centre - Shop 18 For Lease Stirling Central Shopping Centre is a prominent suburban Centre anchored by Woolworths, BWS, Spudshed, Chemist Warehouse, Hungry Jack's, McDonald's, Jetts Fitness and Stirling Central Medical Group.Strategically positioned along Wanneroo Road, a key artery within Perth's bustling network, the Centre benefits from a significant flow of traffic, with an average of 40,969 passing vehicles each week (source: Main Roads Western Australia 2018/2019). Ample onsite parking is provided, ensuring convenient access for customers.This exceptional tenancy is located in-between BWS and MedWest Medical Dispensary and is ideally suited for retail or allied health services.Key features:- Three-phase power- Water and sewerage connections- Reverse cycle air conditioning- Common area bin store room- Nearby amenitiesAdditionally, the estimated outgoings for the 2024-25 financial year amount to $57.15 + GST per square meter.Join the thriving community of Stirling Central Shopping Centre and seize this prime leasing opportunity today. Contact us now to arrange a viewing or to obtain further details.

Property History for 478 Wanneroo Rd, Westminster, WA 6061

A timeline of how this property has performed in the market
Last Sold
$43,000,000
26 Jul 2024
Listed for Rent
$634/w
04 Jul 2024
  • 26 Jul 2024
    Sold for $43,000,000
  • 03 Jun 2023
    Listed for Rent - Price not available
  • 28 Oct 2020
    Listed for Rent - Price not available
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About Westminster 6061

The size of Westminster is approximately 2.3 square kilometres. It has 13 parks covering nearly 7.3% of total area. The population of Westminster in 2011 was 5,175 people. By 2016 the population was 6,186 showing a population growth of 19.5% in the area during that time. The predominant age group in Westminster is 30-39 years. Households in Westminster are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westminster work in a trades occupation. In 2011, 52.2% of the homes in Westminster were owner-occupied compared with 52.8% in 2016.

Westminster has 4,023 properties. Over the last 5 years, Houses in Westminster have seen a 87.70% increase in median value, while Units have seen a 160.02% increase. As at 31 October 2024:

  • The median value for Houses in Westminster is $659,975 while the median value for Units is $622,708.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 36 properties listed for sale, and 2 properties listed for rent in Westminster on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Westminster.

Suburb Insights for Westminster 6061

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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.