403 - 407 Albany Highway,
Victoria Park, WA 6100

Shops & Retail • Development Sites & Land

Key property information

Land area

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'Cop The Lot' - An Investment That Has it All - SOLD

Land Area: 1,353sqm*
Building Area: 661.9sqm*
Holding Income: $135,600 p.a. + GST

Rarely do opportunities present themselves to get it all. This property offers multiple options to the purchaser including:

VALUE ADD OPPORTUNITY
Substantial rent growth possible based upon comparable rents being paid along Albany Highway, Victoria Park.

OUTSTANDING LOCATION
Enjoy excellent exposure to passing traffic in this strategic location on one of Perth's best retail strips, with many major national and prominent local retailers surrounding the property.
The property is situated 5km* south west of the Perth CBD, opposite the Victoria Park Central Shopping Centre including a full line Woolworths Supermarket, with has a pedestrian estimate at 2.3M and a MAT of $50.6M*.

REDEVELOPMENT POTENTIAL
The property has a holding income and also the potential to develop with the current zoning allowing up to three (3) levels (Please consult with the City of Victoria Park for confirmation and specifics).

The property benefits from two street rear access providing enhanced development potential for the prospective purchaser.

For further information or to arrange and inspection please contact our office today on (08) 9426 17....

*Approx

Victoria Park, 6100 demographic data

The median household income for Victoria Park is $1,828, 2% lower than Greater Perth's household income of $1,865. Victoria Park has a younger age profile compared to the rest of Greater Perth (median age 35 vs 37). Property ownership data shows 54% of property owners in Victoria Park have a mortgage.

9,334

Population

$1,828 per week

Median household income

35 years

Median age

Renters

Most residents

Families

Most households