2/69 Milligan Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

2/69 Milligan Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 84m2
Land area: 84m2
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Property Details for 2/69 Milligan St, Perth

Building Type
Commercial
Year Built
2009
Floor Size
84m2
Land Size
84m2
Local Government
Perth
Lot/Plan
2/S058103

Last Listing description (July 2023)

Ray White Commercial WA presents for sale this super hot retail investment, leased until 30 June 2027.

Ground floor 84sqm retail within a modern building in a prominent location, directly opposite RAC Arena.

Quality tenant with a substantial fit out - Empyrean Education Institute - an accredited training provider.

This securely leased investment is priced at $638,000 (no GST)

- Prominent Wellington Street shop frontage
- Ground floor corner of Wellington & Milligan Streets
- RAC Arena directly opposite
- 84sqm strata retail plus potential alfresco capacity
- Quality tenant (national VET training accreditation)
- Significant tenancy fit out - commercial kitchens
- $37,577pa Net Rental + Outgoings + GST
- Leased to 30 June 2027 + 3 years option thereafter
- Ideal private SMSF investment

For further information or to arrange an inspection please contact:

Michael Milne
Ray White Commercial (WA)
Mobile: 0403 466 603
Email: michael.milne@raywhite.com

Property History for 2/69 Milligan St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$625,000
06 Jun 2023
Listed for Rent
07 Nov 2021
  • 06 Jun 2023
    Sold for $625,000
  • 05 Apr 2023
    Listed for Sale UNDER OFFER
  • 10 Sep 2021
    Listed for Rent $35,000 / year
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,093 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:

  • The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
  • Houses have a median rent of $850 while Units have a median rent of $730.
There are currently 131 properties listed for sale, and 85 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 872 properties were sold in the past 12 months in Perth.

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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.