7/2 Meadowvale Avenue, South Perth, WA 6151 sold on 05 September 2025 | OnTheHouse
 
SOLD
Sold on 05 Sep 2025 for $1,605,000

7/2 Meadowvale Avenue
South Perth WA 6151

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 282m2
Land area: 305m2
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Property Details for 7/2 Meadowvale Ave, South Perth

Building Type
Commercial
Year Built
1988
Floor Size
282m2
Land Size
305m2
Local Government
South Perth
Lot/Plan
7/S017457

Last Listing description (November 2025)

-Address: Unit 7, 2 Meadowvale Avenue, South Perth-Price: $1,550,000-Building Area: 305sqm-Lease in Place Until: 2nd of May 2028 (Consideration to extended lease term on request)-Rental income: $92,472.12 per annum excl GSTPremium Investment OpportunityPositioned in the heart of South Perth, this high-quality commercial property offers investors an outstanding opportunity to secure a modern, leased premises in one of Perth's most desirable commercial precincts.Located within a modern strata complex, the property comprises a total strata area of 305sqm.Key Highlights:- Strong lease in place until 2nd of May 2028- Modern, well-maintained strata complex- Next door to South Perth Surgicentre- Prime South Perth location with excellent connectivity- Surrounded by quality businesses and lifestyle amenities- Minutes from Perth CBD, freeway access & public transportThis is a set-and-forget investment with secure rental income and excellent potential for long-term capital growth.Whether you're looking to expand your commercial portfolio or secure a solid-performing asset in a blue-chip location, 7/2 Meadowvale Avenue is an opportunity not to be missed.For more information or to arrange a private inspection, please contact:Simmon Sardelic0414924950simmon@sardelic.com.auSardelic Real Estate

Property History for 7/2 Meadowvale Ave, South Perth, WA 6151

A timeline of how this property has performed in the market
Last Sold
$1,605,000
05 Sep 2025
Listed for Rent
$1.38k/w
08 Nov 2019
  • 05 Sep 2025
    Sold for $1,605,000
  • 03 Sep 2025
    Listed for Sale SOLD
  • 31 Oct 2022
    Listed for Sale $1,395,000 (nil GST)
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About South Perth 6151

The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2016 was 12053 people. By 2021 the population was 12596 showing a population growth of 4.5% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation.In 2021, 54.60% of the homes in South Perth were owner-occupied compared with 54.00% in 2016.

South Perth has 8,793 properties. Over the last 5 years, Houses in South Perth have seen a 82.48% increase in median value, while Units have seen a 86.35% increase. As at 30 November 2025:

  • The median value for Houses in South Perth is $2,080,028 while the median value for Units is $891,478.
  • Houses have a median rent of $850 while Units have a median rent of $723.
There are currently 53 properties listed for sale, and 23 properties listed for rent in South perth on OnTheHouse. According to Cotality's data, 514 properties were sold in the past 12 months in South perth.

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