SOLD
Sold on 15 Aug 2024 for $1,350,000

150 Yanchep Beach Road
Yanchep WA 6035

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2418m2
Land area: 1209m2
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Property Details for 150 Yanchep Beach Rd, Yanchep

Building Type
Land
Year Built
2016
Floor Size
2418m2
Land Size
1209m2
Local Government
Wanneroo
Lot/Plan
4/S060059

Last Listing description (November 2024)

OUTSTANDING OPPORTUNITY to secure this fully fenced, partially developed commercial lot. Comprises 2 Lots each 1209sqm being sold together 2418sqm

Being SOLD as a Leased Investment, with a GROSS rental income of $89,000pa + GST

This property is currently being used as a successful Garden Centre and will be sold as a Going Concern GST Exempt.

The current lease expires in April 2028 with a further term OPTION to April 2033

This Commercial lot is a level, fully fenced property with two large access Gates. Located on a short access road directly off Yanchep Beach Road, providing easy access for most types of vehicles.

A large powered 10m x 30m Steel Shed with WC and kitchenette comprising 300sqm with concrete base is built to the centre / rear of the lot. There is a substantial concrete car park with the balance of the lot having a compacted trafficable road base.

The property is zoned LIGHT INDUSTRY under the City of Wanneroo Local Planning Scheme No 2. Schedule 1.
Would be an ideal low maintenance investment set to boom when the freeway comes through.

Register your interest now to avoid disappointment.....

STARTING PRICE: FROM $1,295,000

FEATURES

NLA: 2418sqm (Total - comprises 2 Lots each 1209sqm being sold together 2418sqm)
Fully fenced with Concrete and Compacted HARDSTAND
Two large access Gates suitable for large vehicles, trucks etc
Large Powered 10 x 30mtr Industrial steel framed shed
EASY Access off Yanchep Beach Road

Proudly Presented by: BRETT BOURNE 0413 441 556

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Property History for 150 Yanchep Beach Rd, Yanchep, WA 6035

A timeline of how this property has performed in the market
Last Sold
$1,350,000
15 Aug 2024
Listed for Rent
$276/w
14 Dec 2017
  • 15 Aug 2024
    Sold for $1,350,000
  • 13 Mar 2024
    Listed for Sale FROM $1,295,000
  • 13 Sep 2016
    Listed for Sale $1,495,000 plus SAV
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About Yanchep 6035

The size of Yanchep is approximately 218 square kilometres. It has 22 parks covering nearly 81.9% of total area. The population of Yanchep in 2011 was 4,246 people. By 2016 the population was 8,875 showing a population growth of 109.0% in the area during that time. The predominant age group in Yanchep is 0-9 years. Households in Yanchep are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yanchep work in a trades occupation. In 2011, 70.1% of the homes in Yanchep were owner-occupied compared with 74% in 2016.

Yanchep has 6,598 properties. Over the last 5 years, Houses in Yanchep have seen a 117.09% increase in median value, while Units have seen a 46.13% increase. As at 31 October 2024:

  • The median value for Houses in Yanchep is $745,567 while the median value for Units is $580,863.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 71 properties listed for sale, and 14 properties listed for rent in Yanchep on OnTheHouse. According to CoreLogic's data, 455 properties were sold in the past 12 months in Yanchep.

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