40 Cheriton Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

40 Cheriton Street
Perth WA 6000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 300m2
Land area: 1020m2
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Property Details for 40 Cheriton St, Perth

Building Type
Commercial
Floor Size
300m2
Land Size
1020m2
Local Government
Vincent
Lot/Plan
310/P071278

Last Listing description (April 2026)

VERSATILE DEVELOPMENT PROPERTY
MULTIPLE DEVELOPMENT OPTIONS
EXCEPTIONAL INNER CITY LOCATION

EXISTING PASSING INCOME

An outstanding, rarely offered opportunity to purchase substantial property in a rapidly growing, tightly held and highly sought after CBD location!

Currently configured and utilised as a leased showroom and warehouse, the property boasts a superb location, being brilliantly positioned in proximity to the Perth CBD, Northbridge, and Mt Lawley, with immediate and easy access to main arterial routes and freeway on ramps.

With a preferred Mixed Use R100 zoning, the property affords attractive multiple options for development, including commercial, mixed use commercial and residential, multi-storey construction, or bespoke, purpose built commercial development.

PROPERTY HIGHLIGHTS
- Rare Inner City green titled development lot
- Preferred and developing inner city location
- 1020m2 of land area
- 20.20 metre frontage to Cheriton Street
- Zoned mixed use R100
- Multiple development options
- Holding Income with potential increase to yield
- Uninterrupted city views location

LOCATION BENEFITS
- Central Inner city location
- Neighbouring Highgate, East Perth, Mt Lawley and Perth CBD
- Walking distance to East Perth Train Station
- Adjoining Norwood Park recreational facility
- Close to childcare facilities and healthcare
- Easy and immediate access to Freeway on ramps
- Minutes to Graham Farmer Freeway
- Close to proposed East Perth Power Station Redevelopment
- Short distance to HBF Park and Loton Park Tennis Club
- Close to all amenities, shopping, and public transport

For further information, contact the exclusive selling agents.

Property History for 40 Cheriton St, Perth, WA 6000

A timeline of how this property has performed in the market
Listed for Rent
$518/w
12 Jul 2017
  • 23 Jul 2025
    Listed for Sale CONTACT AGENT
  • 12 Jun 2024
    Listed for Sale CONTACT AGENT
  • 19 Jun 2017
    Listed for Rent - Price not available
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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 12,107 properties. Over the last 5 years, Houses in Perth have seen a 56.10% increase in median value, while Units have seen a 60.01% increase. As at 28 February 2026:

  • The median value for Houses in Perth is $1,375,555 while the median value for Units is $680,291.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 146 properties listed for sale, and 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 808 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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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.