42 Axis Parade, Neerabup, WA 6031 | Property Value & History | OnTheHouse
 
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42 Axis Parade
Neerabup WA 6031

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Land area: 4843m2
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Property Details for 42 Axis Pde, Neerabup

Building Type
Commercial
Land Size
4843m2
Local Government
Wanneroo
Lot/Plan
1051/P072054

Last Listing description (January 2022)

Alliance Commercial are proud to present this fantastic property to the market for sale as a "Leased Investment". Currently leased to the Department of Finance, specifically for the WA Police Department, this property enjoys the benefit of a new 5 year lease (plus options) to possibly the strongest and most secure tenant available. Situated in the rapidly expanding Neerabup Industrial precinct this property has been built to the highest standard and with an extensive internal fitout. Additional features are as follows:

- Approx. 2,724m in building area

- Approx. 4,843m in land area
- Building completed construction in late 2015
- Annual income $231,540 per annum net (ex GST)
- Fantastic rent reviews
- Five year lease
- Modern Office area with significant fitout
- Rear hardstand/parking area
- Building split into three separate sections
- High truss warehouse component with multiple roller door entry points
- 3 phase power with substantial power upgrade

To receive the Information Memorandum or to arrange an inspection please feel free to contact Daniel Makin on 0439 904 797 or via email daniel@alliancecommercialwa.com.au.

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Property History for 42 Axis Pde, Neerabup, WA 6031

A timeline of how this property has performed in the market
Last Sold
$4,300,000
09 Sep 2021
Listed for Rent
19 Jan 2016
  • 09 Sep 2021
    Sold for $4,300,000
  • 27 Aug 2021
    Listed for Sale $4,580,000 ex GST - Offers Invited!
  • 11 Sep 2015
    Listed for Rent $258,780 / year
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About Neerabup 6031

The size of Neerabup is approximately 29.8 square kilometres. It has 10 parks covering nearly 47.4% of total area. The population of Neerabup in 2016 was 104 people. By 2021 the population was 112 showing a population growth of 7.7% in the area during that time. The predominant age group in Neerabup is 40-49 years. Households in Neerabup are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Neerabup work in a labourer occupation.In 2021, 71.40% of the homes in Neerabup were owner-occupied compared with 66.70% in 2016.

Neerabup has 543 properties. Over the last 5 years, Houses in Neerabup have seen a 159.12% increase in median value, while Units have seen a -31.94% decrease. As at 30 November 2025:

  • The median value for Houses in Neerabup is $804,668 while the median value for Units is $794,487.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Neerabup on OnTheHouse. According to Cotality's data, 24 properties were sold in the past 12 months in Neerabup.

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