28 Wells Street, Bellevue, WA 6056 sold on 28 March 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 28 Mar 2026 for $915,000

28 Wells Street
Bellevue WA 6056

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
Sold By
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Alex Taylor
Realmark Commercial
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Property Details for 28 Wells St, Bellevue

Building Type
Commercial
Year Built
1915
Land Size
1012m2
Local Government
Swan
Lot/Plan
35/P001527

Last Listing description (May 2026)

*Campaign Close Date brought forward to 18th March 2026*An outstanding opportunity exists here for you to acquire a well-located, income-producing commercial investment within the tightly held Bellevue General Industrial precinct. With a short-term lease tail, this presents options for either an owner-occupier, investor or developer purchaser to make preparations for the lease expiry. The asset is currently leased to Western Geolabs, an established metallurgy laboratory operator who has successfully traded from this location for over 20 years. The lease profile provides income through to September 2026, with a further 12-month option to September 2027.- Upgraded 100amp power supply (approx)- General Industry zoning- Future development potential Set Date Sale - Closing 18th March 2026 3PM (AWST)*Situated within a core industrial location, the property benefits from excellent access to surrounding arterial road networks and is only a short drive from Midland Commercial precinct and the Midland Town Centre. Perth Airport is only a short drive away via the Great Eastern Highway Bypass making this a centrally located hub with easy access to all areas by road, rail or air. *The Seller reserves the right to adjust the campaign close date if required.

Property History for 28 Wells St, Bellevue, WA 6056

A timeline of how this property has performed in the market
Last Sold
$915,000
28 Mar 2026
  • 28 Mar 2026
    Sold for $915,000
  • 25 Feb 2026
    Listed for Sale Set Date Sale - Closing 18th March 2026 3PM (AWST)
  • 24 May 1991
    Sold for $105,000
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About Bellevue 6056

The size of Bellevue is approximately 3.0 square kilometres. It has 11 parks covering nearly 25.0% of total area. The population of Bellevue in 2016 was 1521 people. By 2021 the population was 1514 showing a population decline of 0.5% in the area during that time. The predominant age group in Bellevue is 30-39 years. Households in Bellevue are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellevue work in a trades occupation.In 2021, 67.20% of the homes in Bellevue were owner-occupied compared with 72.40% in 2016.

Bellevue has 1,254 properties. Over the last 5 years, Houses in Bellevue have seen a 117.96% increase in median value, while Units have seen a 114.91% increase. As at 30 April 2026:

  • The median value for Houses in Bellevue is $848,587 while the median value for Units is $681,550.
  • Houses have a median rent of $700.
There are currently 12 properties listed for sale, and no properties listed for rent in Bellevue on OnTheHouse. According to Cotality's data, 79 properties were sold in the past 12 months in Bellevue.

Suburb Insights for Bellevue 6056

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.