87 Innovation Circuit, Wangara, WA 6065 | Property Value & History | OnTheHouse
OFF MARKET

87 Innovation Circuit
Wangara WA 6065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1641m2
Land area: 2960m2
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Property Details for 87 Innovation Cct, Wangara

Building Type
Commercial
Year Built
2008
Floor Size
1641m2
Land Size
2960m2
Local Government
Wanneroo
Lot/Plan
216/P035032

Last Listing description (August 2021)

+ Secure 5 year lease to 2025, plus options through to 2035
+ Tenant pays all usual outgoings including Land Tax
+ Annual rent reviews

+ AMA Group: ASX listed smash repair giant, $1 billion+ annual revenue, 200+ locations across Australia and New Zealand, 4000+ employees
+ State of the art, immaculate 1,630sqm building, refurbished in 2020 cost circa $1.5M
+ Essential service asset class
+ 2,960sqm site in strategic location amongst many national retailers including Bunnings
+ Position perfect opposite newly refurbished Reece plumbing with excellent exposure to busy Hartman Drive
+ Wangara: leading established northern Perth industrial suburb, 20 kms from CBD
+ Net Income $262,600 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Property History for 87 Innovation Cct, Wangara, WA 6065

A timeline of how this property has performed in the market
Last Sold
$4,300,000
09 Aug 2021
Listed for Rent
$5.37k/w
20 May 2020
  • 09 Aug 2021
    Sold for $4,300,000
  • 24 May 2021
    Listed for Sale $4,335,000
  • 21 Jan 2020
    Listed for Rent $280,000 / year
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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 2,747 properties. Over the last 5 years, Houses in Wangara have seen a 110.49% increase in median value, while Units have seen a 109.14% increase. As at 31 March 2026:

  • The median value for Houses in Wangara is $1,126,874 while the median value for Units is $793,064.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Wangara on OnTheHouse. According to Cotality's data, 100 properties were sold in the past 12 months in Wangara.

Suburb Insights for Wangara 6065

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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.