[THIS PROPERTY IS UNDER OFFER] Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale by Submission for Offers, U1 4 Wisteria Parade, Edgewater.THE LOCATIONEdgewater, a northern suburb of Perth, is known for its appealing mix of residential and commercial benefits.Strategically positioned near the Joondalup City Centre, one of Perth's fastest-growing economic hubs, Edgewater provides access to an established infrastructure of retail, healthcare, and professional services. Its connectivity via the Mitchell Freeway and Joondalup train line ensures seamless access to Perth's CBD and surrounding suburbs, making it ideal for logistics and service-oriented industries.THE DETAILSSite improvements: 123m2Property Highlights:Well-maintained commercial unit in a tightly held medical centre of only 3 units forming the Edgewater Medical CentreProminent street-fronting position, ensuring high visibility and easy access for clientsStable, proven tenancy associated with the sought-after veterinary industry, known for its enduring demand and community reliance. Adjoining tenancy is long standing general medical practice.Strategically located opposite the Edgewater Shopping CentreTHE LEASE DETAILSLessee - Vet PracticeFully leased to 9/1/27 + optionsPassing income of $49,440 pa plus GSTAnnual rent reviews Fully recoverable outgoingsPRICESubmission of Offers closing 21/2/25.The vendor reserves the right to accept an offer in advance of the closing date.ZONINGThe City of Joondalup advises the property is zoned Service Commercial
The size of Edgewater is approximately 4.9 square kilometres. There are 14 parks, covering nearly 23.6% of the total area. The population of Edgewater in 2016 was 4507 people. By 2021 the population was 4657 showing a population growth of 3.3% in the area during that time. The predominant age group in Edgewater is 60-69 years. Households in Edgewater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edgewater work in a professional occupation.In 2021, 82.40% of the homes in Edgewater were owner-occupied compared with 82.00% in 2016.
Edgewater has 2,037 properties. Over the last 5 years, Houses in Edgewater have seen a 117.25% increase in median value, while Units have seen a 162.14% increase. As at 31 May 2026:
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