81 Canning RoadKalamunda WA 6076
Property Details for 81 Canning Rd, Kalamunda
Last Listing description (February 2022)
Time has proven this property offers a secure, long term return with a secure long term business which has been in operation for close to 20 years.Located on the corner of Canning & Collins Road opposite the Kalamunda Water Park this property ticks all the boxes:>> Prominent location on busy main road (650m to Woolworths, 1.1km to Coles).>> Corner lot with entry from Collins Road.>> Long term lease (1st option period commenced Sep 2021 - 2nd option period 5 years from Sep 2026).>> Established tenant - the Gym Tonic business has been in operation for close to 20 years with an excellent reputation.>> Current rent at market rate with annual CPI increases, lease is secured by way of $50,000 bank guarantee.>> Zoned Special use - Gym, options to develop at end of lease for residential group housing with potential for other commercial uses. (Subject to Scheme amendments being approved.)>> Connected to deep sewerage, mains gas available.Land area: 3,214m2 Building area: ~714m2 (floor area ~ 1,250m2)Parking: 31 baysRent return: $165,000 per annum net.Outgoings: ~$25,200 per annum. (paid by Tenant)GST: The seller is registered for GST and the property will be sold NIL GST as a going concern.All offers presented, please call for details.Please contact Trevor Longwood Ph 0431 678 500 for further details.
Property History for 81 Canning Rd, Kalamunda, WA 6076
- 13 Dec 2021Sold for $2,150,000
- 30 Sep 2021Listed for Sale Under contract.
- 25 Sep 2001Sold for $416,000
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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 3,691 properties. Over the last 5 years, Houses in Kalamunda have seen a 91.19% increase in median value, while Units have seen a 122.61% increase. As at 31 March 2026:
- The median value for Houses in Kalamunda is $1,245,531 while the median value for Units is $700,232.
- Houses have a median rent of $700 while Units have a median rent of $575.
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