2/101 Francis Street, Northbridge, WA 6003 | Property Value & History | OnTheHouse
OFF MARKET

2/101 Francis Street
Northbridge WA 6003

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 122m2
Land area: 122m2
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Property Details for 2/101 Francis St, Northbridge

Building Type
Commercial
Floor Size
122m2
Land Size
122m2
Local Government
Perth
Lot/Plan
2/S055641

Last Listing description (December 2024)

Axia Corporate Property together with Northbridge Sales and Leasing are pleased to present Unit 2, Level 1, 99 - 101 Francis Street, Northbridge for Sale by Offers to Purchase.

The arrival of the property to the market, affords astute investors and/or owner occupiers, with a superb opportunity to acquire very affordable and versatile commercial accommodation located within the Perth CBD fringe, where very few office opportunities exist, in the sub $500,000 price range.

More specially, the property is situated within a modern and impeccably maintained four level office complex, superbly located within the heart of arguably, one of Western Australia's most vibrant and high amenity precincts.

Investment highlights are numerous and include:

- Very presentable fitted premise, configured in a combination of partitioned offices and collaborative open plan workspace with furnishing included.
- High-end common amenities to each level of the complex, including end of trip facilities
- Exclusive secure undercover car bay
- Ability to owner occupy expeditiously
- Ideal asset for Superannuation (SMSF)
- Attractive and cost effective alternative to much pricier inner CBD, Subiaco & West Perth offerings
- Located in an established and vibrant CBD fringe location, with an abundance of local amenity and open space
- Extremely tightly held precinct
- Attractive street presence
- Located directly across from City of Perth Public car park, which is complimented by an abundance of street parking
- Excellent proximity to transport infrastructure

Location & Accessibility:
The property is strategically located, within a commercial complex, located at the western end of Francis Street, approximately 50meters* from the intersection with Lake, within the heart of the Northbridge commercial precinct and approximately a ten-minute walking distance to Perth CBD. More specifically, the property is positioned on the southern side of Francis St, directly opposite a public car park, with adjoining properties and properties in proximity accommodating a variety of commercial occupiers including: commerce, retail, food and beverage and high-density residential accommodation. Furthermore, the property is in immediate proximity to the $695 million* Edith Cowan University Campus (currently under construction) and to the Perth Train and Bus Terminals.

The property benefits from superb accessibility and connectivity to numerous major transport networks such as: Perth Train Station, Perth Bus Terminal, CAT bus route and major thoroughfares such as Mitchell Freeway and Graham Farmer Freeway.

Zoning:
The City of Perth advises that the property is zoned "City Centre" Precinct 1 Northbridge which allows for a variety of uses ^^. Proponents must contact the City of Perth to ascertain if their preferred use is permitted within the prevailing zoning.

Current Annual Outgoings
Strata Levies - $6,732*
Council Rates - $2,492.75
Water Corporation - $1,631
Car Bay Levy $1,250pa*

The property is offered with vacant possession, providing owner occupiers with the ability for immediate occupancy.

Investors seeking a low maintenance and highly presentable asset within walking distance of Perth CBD, need look no further than Unit 2, 99 - 101 Francis Street, Northbridge.

For further information please contact joint selling agents.

*Approximately
^STCA

Property History for 2/101 Francis St, Northbridge, WA 6003

A timeline of how this property has performed in the market
Last Sold
$467,500
04 Dec 2024
Listed for Rent
$816/w
18 Jan 2010
  • 04 Dec 2024
    Sold for $467,500
  • 17 Apr 2024
    Listed for Sale $469,000 + GST
  • 20 Oct 2009
    Listed for Rent $42,560 / year
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About Northbridge 6003

The size of Northbridge is approximately 0.4 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Northbridge in 2016 was 1307 people. By 2021 the population was 1420 showing a population growth of 8.6% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation.In 2021, 31.10% of the homes in Northbridge were owner-occupied compared with 34.00% in 2016.

Northbridge has 1,314 properties. Over the last 5 years, Houses in Northbridge have seen a 50.52% increase in median value, while Units have seen a 63.58% increase. As at 31 March 2026:

  • The median value for Houses in Northbridge is $1,115,873 while the median value for Units is $717,786.
  • Houses have a median rent of $565 while Units have a median rent of $730.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Northbridge on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Northbridge.

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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.