4/4 Prendiville AvenueOcean Reef WA 6027
Property Details for 4/4 Prendiville Ave, Ocean Reef
Last Listing description (May 2026)
Exclusive agents, Realmark Commercial are pleased to present to market 4/4 Prendiville Avenue, Ocean Reef for sale via expression of interest closing Thursday 7th May 2026 at 4pm. This prime investment opportunity is part of an 4-unit strata-titled complex, strategically located within a vibrant retail and medical precinct that serves the Ocean Reef community. Neighbouring businesses includes Prendiville Medical Centre and Clinipath Pathology. The offering includes a ground floor strata unit having a floor area of 207sqm within the two-tenancy commercial complex. The tenancy comprises of a reception, main studio area, six consulting rooms & amenities. The unit is currently leased to APM Lifecare Trusco Pty Ltd as trustee for the LifeCare Physio (WA) , operating as 'Lifecare Physiotherapy Prendiville'.Lease details:- Corporate lease with 3 months gross rent bank guarantee- Rent: $85,382 p.a, due for increase 1 July 2026- New extension of lease including 3 year term with 2x 3 year options. Commencement 1 July 2025.- Reviews: Fixed 3% p.a- Title Details: Lot 4 on Strata Plan 30104 as contained within Cerficate of Title Volume 2056 Folio 192- Permitted Use: Physiotherapy, Sports Medicine, Pilates, Massage, Podiatry and Allied Health and any other uses ancillary to those purposes- Tenure: Physiotherapy consulting rooms carried on under the business name 'Prendiville Lifecare & Physiotherapy'- Local Authority: City of Joondalup- Zoning: Urban- Outgoings: All paid by the tenant equating to $21,520.83 25/26FYSale Process:For sale via expression of interest closing Thursday 7th May 2026 at 4pm.For further information or to arrange an inspection, please contact the exclusive agents today.
Property History for 4/4 Prendiville Ave, Ocean Reef, WA 6027
- 01 May 2026Sold for $1,680,000
- 16 Apr 2026Listed for Sale Contact Agent
- 20 Jan 2005Sold for $500,000
Recent sales nearby
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0About Ocean Reef 6027
The size of Ocean Reef is approximately 5.4 square kilometres. There are 11 parks, covering nearly 28.0% of the total area. The population of Ocean Reef in 2016 was 7840 people. By 2021 the population was 8125 showing a population growth of 3.6% in the area during that time. The predominant age group in Ocean Reef is 50-59 years. Households in Ocean Reef are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Reef work in a professional occupation.In 2021, 86.20% of the homes in Ocean Reef were owner-occupied compared with 84.90% in 2016.
Ocean Reef has 3,267 properties. Over the last 5 years, Houses in Ocean Reef have seen a 107.15% increase in median value, while Units have seen a 107.82% increase. As at 30 April 2026:
- The median value for Houses in Ocean Reef is $1,699,625 while the median value for Units is $713,813.
- Houses have a median rent of $1,000 while Units have a median rent of $850.
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