228 Great Eastern HighwayAscot WA 6104
Property Details for 228 Great Eastern Hwy, Ascot
Last Listing description (May 2026)
High Exposure Corner Site - 3 Street FrontagesAn outstanding opportunity to secure a substantial leased commercial investment positioned on a high profile corner along Great Eastern Highway in the sought after Ascot commercial precinct.This versatile property comprises multiple refurbished Office/Warehouse and office buildings, providing a diversified income stream with strong future redevelopment potential.PROPERTY HIGHLIGHTS:- Total Land Area: 3,945 sqm- Current Holding Income: $232,265 per annum- Three Street Frontages - exceptional exposure and accessibility- Excellent access via Kalgoorlie Street and Keymer Street- Ample onsite parkingIMPROVEMENTS:228 Great Eastern Highway- Total Area: 220 sqm- Refurbished office/warehouse - 70 sqm office/showroom plus 150 sqm warehouse230 Great Eastern Highway- Total Area: 520 sqm- Refurbished office/warehouse- 170 sqm office/showroom plus 350 sqm warehouse232 Great Eastern Highway- 310 sqm two-level office building- Combination of partitioned offices and open plan areas- Amenities on both levels- Additional double garage for storage234 Great Eastern Highway- 460 sqm two-level office building- Large reception area with multiple partitioned offices- Predominantly ground floor office layoutStrategically located in Ascot, this property benefits from excellent connectivity to major arterial roads including Great Eastern Highway, providing direct access to the Perth CBD, airports and surrounding commercial/industrial precincts.INVESTMENT & UPSIDE:- Secure holding income with multiple tenancies- Prominent corner position with strong exposure- Significant future redevelopment potential (STCA)Rare opportunity to acquire a large landholding in a tightly held location
Property History for 228 Great Eastern Hwy, Ascot, WA 6104
- 02 Apr 2026Listed for Sale $5500000.00
- 13 Apr 2023Listed for Rent $33,000 / year
- 26 Jul 2019Listed for Rent - Price not available
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About Ascot 6104
The size of Ascot is approximately 3.6 square kilometres. There are 12 parks, covering nearly 44.2% of the total area. The population of Ascot in 2016 was 2572 people. By 2021 the population was 3095 showing a population growth of 20.3% in the area during that time. The predominant age group in Ascot is 50-59 years. Households in Ascot are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 66.90% of the homes in Ascot were owner-occupied compared with 70.00% in 2016.
Ascot has 1,799 properties. Over the last 5 years, Houses in Ascot have seen a 92.41% increase in median value, while Units have seen a 99.84% increase. As at 31 May 2026:
- The median value for Houses in Ascot is $1,198,053 while the median value for Units is $712,627.
- Houses have a median rent of $830 while Units have a median rent of $750.
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