SOLD
Sold on 03 May 2024 for $1,320,000

20 Kembla Way
Willetton WA 6155

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1600m2
Land area: 1600m2
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Property Details for 20 Kembla Way, Willetton

Building Type
Commercial
Floor Size
1600m2
Land Size
1600m2
Local Government
Canning
Lot/Plan
801/P404082

Last Listing description (September 2024)

Set on a 1354sqm block zoned light industrial, this 446sqm property has two separate tenancies in place plus one vacant building ready to lease. This property is exceptionally located in Willetton's busy commercial precinct surrounded by a variety of well-established long-term businesses including car repairs, kitchen renovations, gyms, transport companies, construction, electrical and gas companies, pet grooming services and more The property comprises the following areas:Building 1: 192sqm net lettable area leased for $13,200 per annum including outgoings to an electrical contractor since 2018 until 2021 with an option to renew for 1 year.Building 2: 194sqm net lettable area leased for $31,026 per annum including outgoings to an insulation contractor since 2016.Building 3: 60sqm net lettable area, vacantLand: 1354sqm Easily accessible from Leach Highway, only 5 minutes way from Roe Highway and 20 minutes from Perth CBD this prime location would suit an array of businesses looking to secure a new premise for long term investment. Legal description:Lot 801, Plan 404082 Certificate of Title Volume 2852 Folio 498 Other features:- Title Freehold - Large work shed- Ample parking Goods and Services Tax The Sellers are registered for GST and the property will be sold as a going concern if property is sold with vacant possession.

Property History for 20 Kembla Way, Willetton, WA 6155

A timeline of how this property has performed in the market
Last Sold
$1,320,000
03 May 2024
Listed for Rent
24 Jan 2017
  • 03 May 2024
    Sold for $1,320,000
  • 21 Mar 2024
    Listed for Sale Sold
  • 14 Jul 2021
    Listed for Sale $1,200,000
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About Willetton 6155

The size of Willetton is approximately 8.7 square kilometres. It has 34 parks covering nearly 10.9% of total area. The population of Willetton in 2011 was 17,391 people. By 2016 the population was 18,171 showing a population growth of 4.5% in the area during that time. The predominant age group in Willetton is 10-19 years. Households in Willetton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Willetton work in a professional occupation. In 2011, 80.4% of the homes in Willetton were owner-occupied compared with 78.5% in 2016.

Willetton has 7,948 properties. Over the last 5 years, Houses in Willetton have seen a 85.14% increase in median value, while Units have seen a 68.07% increase. As at 31 October 2024:

  • The median value for Houses in Willetton is $1,234,502 while the median value for Units is $606,980.
  • Houses have a median rent of $780 while Units have a median rent of $650.
There are currently 42 properties listed for sale, and 11 properties listed for rent in Willetton on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Willetton.

Suburb Insights for Willetton 6155

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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.