25/639 Beach RoadWarwick WA 6024
Property Details for 25/639 Beach Rd, Warwick
Last Listing description (April 2026)
Current Lease till 31/05/2030 with Options till 31/05/2040
A rare opportunity to invest in a strata property in the Warwick Entertainment Centre precinct with McDonald's as a long term "A grade" tenant, operating since 1999.
PROPERTY DETAILS
• zoned commercial
• 182 sqm gross lettable area
TENANCY DETAILS
Net Rent: $209,704.60 p.a. excluding GST
Pylon Licence Fee: $1,282.33 p.a. excluding GST
Variable Outgoings: Recoverable from Tenant except for Management Fees which Tenant contributes $3,746 p.a. excl GST (Landlord pays approx $12,900 p.a. excl GST for the balance towards Management Fees)
Original Lease Commencement - 1/06/1999
Lease Options: 1/06/2030 to 31/05/2035
1/06/2035 to 31/05/2040
Rent Reviews: annually based on CPI or 5% increase, whichever is the lower
Contact exclusive agent:
Jenny Quek on 0419 968 870 for more information.
Property History for 25/639 Beach Rd, Warwick, WA 6024
- 01 Apr 2026Sold for $3,150,000
- 27 Mar 2025Listed for Sale Offers Fr $3.75M
- 09 Jun 2006Sold for $1,740,000
Recent sales nearby
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About Warwick 6024
The size of Warwick is approximately 3.0 square kilometres. It has 13 parks covering nearly 32.1% of total area. The population of Warwick in 2016 was 3732 people. By 2021 the population was 3858 showing a population growth of 3.4% in the area during that time. The predominant age group in Warwick is 30-39 years. Households in Warwick are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warwick work in a professional occupation.In 2021, 78.40% of the homes in Warwick were owner-occupied compared with 78.00% in 2016.
Warwick has 1,999 properties. Over the last 5 years, Houses in Warwick have seen a 104.92% increase in median value, while Units have seen a 116.72% increase. As at 31 March 2026:
- The median value for Houses in Warwick is $1,195,677 while the median value for Units is $715,871.
- Houses have a median rent of $780 while Units have a median rent of $410.
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