THIS PROPERTY HAS BEEN SOLD. Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale by Offers to Purchase, Shop 2 / 1236 Albany Hwy, Cannington.THE LOCATIONThe property is exceptionally located in a professional commercial centre fronting very busy Albany Highway. Approx 1500m from Westfield Carousel.There is good proximity and access to major arterial roads including Albany Highway, Leach Highway and Manning Road.THE DETAILSSite improvements: 262m2* Site area: 262m2*Car Bays: Shared Tidy, ground floor, street fronting open unit currently utilised as a shop/warehouse. Tenant has been in occupation since 2012.THE LEASE DETAILSFully leased to 30/6/23. The tenant has been in occupation for a number of years.- Passing income $48,174.50 pa plus GST and outgoings- Fully recoverable outgoingsFurther details can be obtained in the sales memorandum available from the sales agent.ZONINGThe City of Canning advises the property is zoned Service CommercialTHE FINANCIALSSale Price Offers to purchase from $700,000. Return of 6.80% at $700,000 There will be no GST applicable where the property is sold on a going concern basis.2022 Statutory Outgoings:Water Rates $1,570Council Rates $4,400Strata Levies $3,780Land Tax $560* Approx GST status: All figures + GST where applicableFor further details or to arrange an inspection, please contact the exclusive selling agents.Perth Commercial Property welcomes your enquiry.
The size of Cannington is approximately 4.1 square kilometres. There are 21 parks, covering nearly 23.2% of the total area. The population of Cannington in 2016 was 5929 people. By 2021 the population was 6875 showing a population growth of 16.0% in the area during that time. The predominant age group in Cannington is 20-29 years. Households in Cannington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cannington work in a professional occupation.In 2021, 39.90% of the homes in Cannington were owner-occupied compared with 44.80% in 2016.
Cannington has 4,282 properties. Over the last 5 years, Houses in Cannington have seen a 113.53% increase in median value, while Units have seen a 114.80% increase. As at 30 June 2026:
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