4/8 Paramount Drive, Wangara, WA 6065 | Property Value & History | OnTheHouse
 
OFF MARKET

4/8 Paramount Drive
Wangara WA 6065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 162m2
Land area: 162m2
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Property Details for 4/8 Paramount Dr, Wangara

Building Type
Commercial
Year Built
1995
Floor Size
162m2
Land Size
162m2
Local Government
Wanneroo
Lot/Plan
4/S028053

Last Listing description (August 2018)

This is property is UNDER OFFER.
Well operating lunch bars are highly sought after investments and this property has been the location for highly respected lunch bars for many years. This is your opportunity to acquire your own premises and build your own lunch bar business.
The great corner positioning and no immediate lunch bar competition are just two of the factors that have supported the long term successful operation of lunch bars from this premises. The unit is positioned just off Hartman Drive - at the roundabout junction of Paramount Drive, Excellence Way and Challenger Parade.

The existing tenant is due to vacate mid July. The property is offered with vacant possession.
Property size 162 sqm
Property has a grease trap
Parking to the complex is shared
2017/18 Outgoings (approx)
Strata Rates $2,575
Council Rates $1,800
Water Rates $1,610
Asking price $580,000 plus GST

Perth Commercial Property welcome your enquiry on this property:
Anna Valentine
0427 182 296
anna@perthcommercialproperty.com.au

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Property History for 4/8 Paramount Dr, Wangara, WA 6065

A timeline of how this property has performed in the market
Last Sold
$731,500
15 Jul 2018
  • 15 Jul 2018
    Sold for $731,500
  • 01 Dec 2017
    Listed for Sale $580,000
  • 24 Nov 1995
    Sold for $197,525
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About Wangara 6065

The size of Wangara is approximately 5.6 square kilometres. It has 2 parks covering nearly 0.7% of total area. The population of Wangara in 2016 was 39 people. By 2021 the population was 43 showing a population growth of 10.3% in the area during that time. The predominant age group in Wangara is 60-69 years. Households in Wangara are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wangara work in a labourer occupation.In 2021, 25.00% of the homes in Wangara were owner-occupied compared with 26.70% in 2016.

Wangara has 2,740 properties. Over the last 5 years, Houses in Wangara have seen a 83.18% increase in median value, while Units have seen a 146.97% increase. As at 30 November 2025:

  • The median value for Houses in Wangara is $967,330 while the median value for Units is $702,845.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Wangara on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Wangara.

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