+ Improvements 350sqm*+ Land area 465sqm+ Current income $36,476 pa net+ ROW access+ Future development potential+ Zoned 'Neighbourhood Mixed Use' Burgess Rawson is pleased to present to offer for sale this unique opportunity to acquire a two level commercial property located at 204 Hampden Road, Nedlands. This 465sqm site offers excellent exposure/signage opportunities, excellent natural light and future development potential. The property will suit future owner occupiers or an investor.The property is located within the prime commercial precinct of Nedlands and in close proximity to hospitals, the University of Western Australia, shops, cafes and restaurants.ImprovementsSituated on the site is a two level office building with approximately 350sqm of net lettable area. The property includes common male and female toilet facilities and kitchenette. A bitumenised car park for eight cars is accessed off a right of way.Tenancy DetailsPlease refer to selling agents for a copy of the tenancy schedule.ZoningThe property is located in the City of Perth however the property is zoned 'Neigbourhood Mixed Use' under the City of Subiaco Town Planning Scheme No. 4.PossessionThe property will be sold with vacant possession on the first floor and with the existing lease agreements on the ground floor.Asking PriceOffers InvitedFor further information please contact the exclusive Selling Agents.*Approx
The size of Nedlands is approximately 5.3 square kilometres. There are 18 parks, covering nearly 11.3% of the total area. The population of Nedlands in 2016 was 10194 people. By 2021 the population was 10561 showing a population growth of 3.6% in the area during that time. The predominant age group in Nedlands is 10-19 years. Households in Nedlands are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Nedlands work in a professional occupation.In 2021, 70.80% of the homes in Nedlands were owner-occupied compared with 70.90% in 2016.
Nedlands has 5,316 properties. Over the last 5 years, Houses in Nedlands have seen a 54.19% increase in median value, while Units have seen a 63.26% increase. As at 31 May 2026:
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