8/85 Monash Avenue, Nedlands, WA 6009 | Property Value & History | OnTheHouse
OFF MARKET

8/85 Monash Avenue
Nedlands WA 6009

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 110m2
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Property Details for 8/85 Monash Ave, Nedlands

Building Type
Commercial
Floor Size
110m2
Land Size
110m2
Local Government
Nedlands
Lot/Plan
8/S058316

Last Listing description (April 2022)

Burgess Rawson are pleased to present to the market for sale 8/85 Monash Avenue, Nedlands. This premium ground floor medical suite is fully leased for a 2 year period with a net income of $67,000 pa. The 110sqm suite comprises 3 generous sized consulting rooms, large reception and waiting area & exclusive kitchenette. - 110sqm ground floor suite- 2 Exclusive Car Bays- Fully Fitted Medical Suite- 3 Consulting Rooms- Exclusive Kitchenette - Dedicated Reception Area and Large Waiting Room- Premium Ground Floor Location- 2 year Lease with net income of $67,000 paThe property presents as an outstanding opportunity for a future owner occupier to purchase with a strong holding income for 2 years whilst making arrangements to occupy at the conclusion of this period.The property is available immediately with an asking price of $1,350,000 (Going Concern). For further details please contact the exclusive selling agents Luke Randazzo & Rob Selid.

Property History for 8/85 Monash Ave, Nedlands, WA 6009

A timeline of how this property has performed in the market
Last Sold
$1,320,000
21 Dec 2021
  • 21 Dec 2021
    Sold for $1,320,000
  • 23 Nov 2021
    Listed for Sale $1,350,000 (Going Concern)
  • 08 Feb 2013
    Sold for $1,375,000
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About Nedlands 6009

The size of Nedlands is approximately 5.3 square kilometres. It has 18 parks covering nearly 11.3% of 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 5,216 properties. Over the last 5 years, Houses in Nedlands have seen a 63.66% increase in median value, while Units have seen a 60.01% increase. As at 30 November 2025:

  • The median value for Houses in Nedlands is $2,623,697 while the median value for Units is $906,018.
  • Houses have a median rent of $1,200 while Units have a median rent of $725.
There are currently 22 properties listed for sale, and 11 properties listed for rent in Nedlands on OnTheHouse. According to Cotality's data, 226 properties were sold in the past 12 months in Nedlands.

Suburb Insights for Nedlands 6009

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.