-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
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 8,798 properties. Over the last 5 years, Houses in South Perth have seen a 91.31% increase in median value, while Units have seen a 101.46% increase. As at 28 February 2026:
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