14/628-630 Newcastle StreetLeederville WA 6007
Property Details for 14/628-630 Newcastle St, Leederville
Last Listing description (December 2022)
Realmark Commercial are proud to exclusively present to the market, 14/628-630 Newcastle Street, Leederville.
A quality first floor office suite situated in the heart of Leederville with immediate locality to the retail precinct. Record low interest rates and rising Perth office rents make this a perfect time to purchase your own office space. The property also provides a unique opportunity to purchase with holding income or vacant possession subject to buyer requirement.
Unique Selling Points;
+ Holding income
+ 75sqm* Open plan office area
+ 2 dedicated secured car bays - rare for unit allocation
+ Large Window frontage
+ Fantastic Natural Light
+ Internal Kitchen/Toilet with unique shower facility
+ Dedicated boardroom/training room
+ Private Secure 24/7 access with intercom
+ Occupy or Invest
+ Quiet rear second floor location with dedicated entry lobby
+ Disabled common toilet facility on ground floor
Lease Terms - Unit 14
Leased to "Double Barrel VFX" with a current income of $14,250 pa (car bays return $3,600 per annum) + GST + Outgoings. The Tenant has been in occupation since 2017. (Lease commenced April 2017) The property returns approx. 5% yield on investment.
Total Strata Office Area
75sqm* NLA
Asking Price
Contact Agent
Car Bay
2 dedicated secure car bays on site with ample car parking in surrounding streets using EasyPark Technology
Budgeted Outgoings
$8,935 + GST for the 2020/21 financial year
Location
The subject property has easy accessibility to Graham Farmer Freeway, the northern and southern corridors, and only a short walk to the Leederville train station and Oxford Street Caffe precinct. Leederville is enjoying rapid expansion, with many recently built medium rise Mixed Use developments and dedicated Corporate offices which attract to the vibrant amenities of the area.
For further information or to arrange an inspection, please contact the exclusive Selling Agent.
Brent Griffiths | 0402 609 126 | bgriffiths@relamark.com.au
* Approx
Property History for 14/628-630 Newcastle St, Leederville, WA 6007
- 31 Oct 2022Sold for $363,000
- 26 Mar 2021Listed for Sale Contact Agent
- 05 May 2003Sold for $165,000
Recent sales nearby
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About Leederville 6007
The size of Leederville is approximately 1.5 square kilometres. There are 5 parks, covering nearly 23.1% of the total area. The population of Leederville in 2016 was 3158 people. By 2021 the population was 3686 showing a population growth of 16.7% in the area during that time. The predominant age group in Leederville is 30-39 years. Households in Leederville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Leederville work in a professional occupation.In 2021, 52.90% of the homes in Leederville were owner-occupied compared with 50.70% in 2016.
Leederville has 2,409 properties. Over the last 5 years, Houses in Leederville have seen a 64.50% increase in median value, while Units have seen a 68.38% increase. As at 31 July 2026:
- The median value for Houses in Leederville is $1,728,856 while the median value for Units is $868,870.
- Houses have a median rent of $865 while Units have a median rent of $773.
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