2/13 Mead StreetKalamunda WA 6076
Property Details for 2/13 Mead St, Kalamunda
Last Listing description (November 2020)
HIGH PROFILE, CORNER LOCATION.Is this the best corner location in Kalamunda CBD? This established building known locally as the Kalamunda Lunch Bar / Bakery site, this spot is as good as it gets in the area.Available now in what is best described as a tightly held enclave, the site suits investors and / or owner occupiers who realise the potential it has to offer. The property being offered is lot 2 on Strata plan 34969 that is the property occupied and Tenancies known as: Kalamunda Lunch bar / Bakery - Approximately 60 sqmBarnes Physiotherapy Clinic - Approximately 90 sqm The current rentals are:Lunch Bar $25,117.00 net per yearPhysio Clinic $32,000.00 net per yearThat is a total rental of $57,117.00 net income per yearThe lunch bar has a lease with options until April 2023 and the physio lease same as the lunch bar finishes in April 2020 and options to extend to 2023 and 2026. All the information received from the City of Kalamunda on the Draft Activity Centre Plan has the bakery building as city centre and a commercial zoning. Recent developments have bought the town centre closer with a brand new ALDI store immediately opposite on the opposing corner and abundant parking nearby.Barnes Physiotherapy is currently under lease but is available for an owner occupier if applicable. There is also the option of sub-letting part of the property to Barnes Physiotherapy if required by owner / operator (obviously for compatible commercial application) Barnes Physiotherapy has been operating from this site and adjacent Lot 1 for the last 20 years.Asking price reflects an 8 % net return. For a site inspection or for an information pack please contact us today. NB - All information quoted as provided by owner / seller
Property History for 2/13 Mead St, Kalamunda, WA 6076
- 18 Aug 2025Sold for $1,030,000
- 21 Dec 2020Sold for $695,000
- 08 Aug 2019Listed for Sale $714,000
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About Kalamunda 6076
The size of Kalamunda is approximately 10.6 square kilometres. It has 13 parks covering nearly 23.9% of total area. The population of Kalamunda in 2016 was 6970 people. By 2021 the population was 7163 showing a population growth of 2.8% in the area during that time. The predominant age group in Kalamunda is 50-59 years. Households in Kalamunda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalamunda work in a professional occupation.In 2021, 83.00% of the homes in Kalamunda were owner-occupied compared with 82.30% in 2016.
Kalamunda has 3,686 properties. Over the last 5 years, Houses in Kalamunda have seen a 87.04% increase in median value, while Units have seen a 109.85% increase. As at 30 November 2025:
- The median value for Houses in Kalamunda is $1,106,900 while the median value for Units is $561,336.
- Houses have a median rent of $700 while Units have a median rent of $430.
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