SOLD!!!Perth Commercial Property is pleased to present for sale this exceptionally located, multi-tenanted commercial property in the heart of vibrant North Perth.Positioned across from Fitzgerald Medical Practice and the North Perth Shopping Centre and just a stone's throw from the impressive 9 storey, 108 apartment, mixed-use development - ALMA SQUARE to be undertaken by Celsius, this high-profile corner site offers outstanding exposure and future potential in one of Perth's most dynamic urban precincts.Key Features:Corner land holding of 365m2*Improvements of approx 281m2*3 long term tenancies providing immediate incomeExcellent street presence with dual street frontageSituated in a tightly held, high-demand locationSurrounded by vibrant amenity including cafes, retail, medical and lifestyle offeringsThis is an exceptional opportunity for investors seeking secure income in a growth location.Whether you're looking to secure a set-and-forget investment or land bank for future redevelopment (STCA), this property presents a rare opportunity to own a slice of one of Perth's most dynamic inner-city suburbs.Opportunities like this in North Perth are few and far between.Tenancies3 tenancies - annual rental income $94,299 + GST from 1/11/25ZoningLocal and District Centre Per TPS2Please discuss any zoning queries directly with local CouncilFinancials Tender via submission of Offers Closing 4 September 2025.For further details please request a copy of the Sales Memorandum.
The size of North Perth is approximately 3.0 square kilometres. It has 13 parks covering nearly 9.8% of total area. The population of North Perth in 2016 was 8744 people. By 2021 the population was 9623 showing a population growth of 10.0% in the area during that time. The predominant age group in North Perth is 30-39 years. Households in North Perth are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in North Perth work in a professional occupation.In 2021, 64.60% of the homes in North Perth were owner-occupied compared with 65.40% in 2016.
North Perth has 5,181 properties. Over the last 5 years, Houses in North Perth have seen a 84.13% increase in median value, while Units have seen a 64.71% increase. As at 31 March 2026:
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