56 Lake Street, Northbridge, WA 6003 | Property Value & History | OnTheHouse
OFF MARKET

56 Lake Street
Northbridge WA 6003

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 565m2
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Property Details for 56 Lake St, Northbridge

Building Type
Commercial
Land Size
565m2
Local Government
Perth
Lot/Plan
503/D065993

Last Listing description (January 2026)

ProProperty Group is proud to present 56-58 Lake Street, Northbridge to the leasing market - a rare opportunity to secure a substantial hospitality premises on one of Perth's busiest and most dynamic streets.Opportunities of this scale and calibre on Lake Street are scarce. This is a high-impact location with the size, exposure, and infrastructure to support serious operators ready to capitalise on Northbridge's constant foot traffic and nightlife economy.Importantly, the premises is offered in its current as-is condition, allowing incoming tenants flexibility to utilise the existing fit-out or tailor the space to suit their operational requirements.What's on offer:- Prime Lake Street frontage- Approx. 260sqm of character-filled restaurant space- Ideal for a range of savvy hospitality operators- Surrounded by major foot traffic via Lake Street & Aberdeen Street- Neighbours include Holy Moly, Re Store, Henry Summers and other established Northbridge icons- Paid parking along Lake Street and surrounding streets- Bi-fold doors creating a seamless indoor-outdoor customer experience- Existing fridges, grease trap, and working bench tops in placeThis is a plug-and-play hospitality opportunity in a proven location-ideal for operators seeking visibility, volume, and vibrancy.?? For further information or to arrange an inspection, contact the leasing agents today:Daniel Saad 0449 818 187 daniel@propropertygroup.com.auChristopher Tana0437 158 255christopher@propropertygroup.com.au

Property History for 56 Lake St, Northbridge, WA 6003

A timeline of how this property has performed in the market
Listed for Rent
$2.24k/w
07 Aug 2024
  • 26 Jan 2026
    Listed for Rent - Price not available
  • 15 May 2024
    Listed for Rent $117,000 / year
  • 23 Feb 2024
    Listed for Rent - Price not available
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About Northbridge 6003

The size of Northbridge is approximately 0.4 square kilometres. There are 3 parks, covering nearly 7.2% of the 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 1,313 properties. Over the last 5 years, Houses in Northbridge have seen a 62.24% increase in median value, while Units have seen a 62.06% increase. As at 31 May 2026:

  • The median value for Houses in Northbridge is $1,143,204 while the median value for Units is $744,449.
  • Houses have a median rent of $515 while Units have a median rent of $750.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Northbridge on OnTheHouse. According to Cotality's data, 69 properties were sold in the past 12 months in Northbridge.

Suburb Insights for Northbridge 6003

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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.