230-232 Cambridge StreetWembley WA 6014
Property Details for 230-232 Cambridge St, Wembley
Last Listing description (December 2025)
Build your new medical centre here!
This is an ideal high exposure location near the St John of God Hospital on Cambridge Street.
Prime land holding of 1,366 sqm in this medical precinct, with the St John of God Hospital only a 400m away, this property can be developed to 4 storey (or more STCA) allowing many uses for the site including medical centre /surgery / consulting rooms / retail and offices in the flexible commercial zoning of the City of Cambridge LPP 2.4, Precinct 4.
There is current a single level building of approximately 645 sqm that can be converted to a variety of uses, or demolished to produce a new multi-storey building commensurate with the area.
The property currently a passing/holding income of circa $ 140,000 plus outgoings, (plus annual increases) through to the time that you choose to redevelop.
Fantastic opportunity. Call now for further information!
*Images supplied are for marketing and stylistic purposes only and do not represent a plan or approvable design for this specific site. Buyers will need to produce their own design in accordance with the council requirements for the site. ......
Property History for 230-232 Cambridge St, Wembley, WA 6014
- 18 Dec 2024Listed for Sale $3,500,000
- 09 Oct 2015Listed for Sale EOI
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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 5,962 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.
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