2 Falls RoadSerpentine WA 6125
Property Details for 2 Falls Rd, Serpentine
Last Listing description (May 2022)
LJ Hooker Commercial Perth as Exclusive agents are pleased to introduce for Sale or Lease the property at 2 Falls Road, Serpentine by offers invited, closing Thursday 30th September 2021 at 2pm AWST.Situated on the prominent corner of South West Highway and Falls road, the property is currently utilised as a Road House/Cafe, however is being offered with vacant possession from 15th October 2021.Buyers are presented with a significant 2,445sqm corner site to either owner-occupy, refurbish or redevelop, whilst the current owners will also consider leasing the property to an experienced operator.Property Highlights: - Adjoining Serpentine Falls Holiday Park/Over 45 Lifestyle Village- Outstanding exposure to Southwestern Highway and Karnup Road- Purchase includes 3 underground tanks- Existing fit-out providing turn-key solution for prospective Roadhouse tenants- Strong value-add potential via upgrading existing improvements- 2-minute drive to local Primary School, Medical Centre & General Store- Additional Exposure to Falls Road on route to major tourist attraction Serpentine FallsOutgoings: Shire Rates $8,500Land Tax $500Water rates $913Insurances $5,500All enquiries should be directed to the Exclusive Selling and Leasing agent Jake Wallman.
Property History for 2 Falls Rd, Serpentine, WA 6125
- 30 Sep 2021Sold for $765,000
- 10 Sep 2021Listed for Sale Sold
- 10 Sep 2021Listed for Sale Contact Agent
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About Serpentine 6125
The size of Serpentine is approximately 104.8 square kilometres. There are 13 parks, covering nearly 45.0% of the total area. The population of Serpentine in 2016 was 2317 people. By 2021 the population was 2863 showing a population growth of 23.6% in the area during that time. The predominant age group in Serpentine is 50-59 years. Households in Serpentine are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Serpentine work in a trades occupation.In 2021, 88.20% of the homes in Serpentine were owner-occupied compared with 86.80% in 2016.
Serpentine has 1,222 properties. Over the last 5 years, Houses in Serpentine have seen a 102.30% increase in median value, while Units have seen a -47.48% decrease. As at 30 April 2026:
- The median value for Houses in Serpentine is $1,459,762 while the median value for Units is $278,419.
- Houses have a median rent of $835.
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