199 Cambridge Street, Wembley, WA 6014 | Property Value & History | OnTheHouse
 
OFF MARKET

199 Cambridge Street
Wembley WA 6014

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 961m2
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Property Details for 199 Cambridge St, Wembley

Building Type
Land
Year Built
1950
Floor Size
200m2
Land Size
961m2
Local Government
Cambridge
Lot/Plan
138/P003232

Last Listing description (May 2022)

+ Land area 1,872sqm+ 60 metre* frontage to Station Street+ Zoned 'Medical'IntroductionBurgess Rawson are pleased to offer for sale by Offers Invited this superbly located corner development site opposite St John of God Subiaco Hospital recently approved for a $300m+ development. The property resides on a 1,872sqm parcel of land enjoying a 60 metre frontage to Station Street.LocationSituated on the corner of Cambridge & Station Street. The property resides in a premium Subiaco location as one of the very few remaining substantial development opportunities zoned 'Medical'.Improvements199 Cambridge St - Freestanding consutling rooms comprising reception/waiting area, consulting rooms and ample onsite parking201 Cambridge St - Residential 3 bedroom, 1 bathroom house currently leased. Please refer Selling Agents.Legal DescriptionLots 137 & 138 on Plan 3232 Certificate of Title Volumes 1139 & 2061 Folios 514 & 45.Land DetailsFrontage to Station Street 60.35 metresFrontage to Cambridge Street 31.04 metresTotal Land Area 1,872sqm ZoningThe Town of Cambridge advise that the property is zoned 'Medical'.PossessionThe property is offered for sale with the current lease. Please refer Selling Agents for further details.Goods and Services TaxThe sellers are registered for GST and the buyer will be required to pay GST on the purchase price at settlement.St John of God Subiaco HospitalThe St John of God Healthcare Board have approved the $300m+ redevelopmentof the hospital.New facilities include:+ New eight storey 260 bed clinical block+ 24/7 Emergency Department+ Dedicated mother and baby unit including new Neonatal Intensive Care Unit, new emergency obstetric operating theatre, 10 birth suites, large patient rooms and wards+ Dedicated Heart Centre+ Australia's first purpose built Pandemic Ward+ Six operating theatres+ Net gain of 150 additional single patient rooms+ A la carte room service+ New Chapel+ Additional parking+ Medical suites+ Retail facilities+ Additional lifts to improve movement*Approx.

Property History for 199 Cambridge St, Wembley, WA 6014

A timeline of how this property has performed in the market
Last Sold
$3,162,500
08 Nov 2021
  • 08 Nov 2021
    Sold for $3,162,500
  • 13 Aug 2021
    Listed for Sale Offers Invited
  • 18 Aug 2003
    Sold for $433,333
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About Wembley 6014

The size of Wembley is approximately 4.2 square kilometres. It has 13 parks covering nearly 25.0% of total area. The population of Wembley in 2016 was 11301 people. By 2021 the population was 12061 showing a population growth of 6.7% in the area during that time. The predominant age group in Wembley is 30-39 years. Households in Wembley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wembley work in a professional occupation.In 2021, 59.30% of the homes in Wembley were owner-occupied compared with 58.60% in 2016.

Wembley has 5,961 properties. Over the last 5 years, Houses in Wembley have seen a 87.48% increase in median value, while Units have seen a 108.01% increase. As at 31 December 2025:

  • The median value for Houses in Wembley is $2,114,136 while the median value for Units is $546,386.
  • Houses have a median rent of $1,000 while Units have a median rent of $550.
There are currently 18 properties listed for sale, and 12 properties listed for rent in Wembley on OnTheHouse. According to Cotality's data, 278 properties were sold in the past 12 months in Wembley.

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