3A/151 Herdsman ParadeWembley WA 6014
Property Details for 3a/151 Herdsman Pde, Wembley
Last Listing description (March 2018)
Axia Corporate Property is pleased to present Unit 3A, 151 Herdsman Parade, Wembley for Sale.
The arrival of Unit 3A represents a unique opportunity to acquire a seldom offered and eagerly sought, securely leased, commercial property in one of the western suburb's landmark developments, Wembley 151.
The Wembley 151 complex is located on the corner of Selby Street and Hersman Parade with the subject property having a prime ground floor corner position, allowing for oustanding exposure.
The property offers a high end corporate image and exceptional finish appealing to a range of professional service providers.
Highlights of the property include:
- Strata area: 186sqm*
- Building area: 101sqm*
- Six (6) car bays (two (2) undercover and four (4) open)
- Full height shopfront glazing
- Ducted reverse cycle air-conditioning
- Suspeded panel ceilings with recessed light fittings
- Self contained toilets, shower and kitchenette
- Commercial grade carpets to office areas and tiling to wet areas
Lease Details:
- Lessee: Minister of Works
- Leased to 31 August 2021
- Four (4) year option from 1 September 2021
- Current passing net rental $35,611.80^
- Programmed rent reviews of 3.5% p.a. with market at Option
- Lessee pays full outgoings
- Additional rental derived from leasing of four (4) open car bays
The combined office rental and additional car bay rental equates to $39,931.80.
For further information or to arrange an inspection, please contact Franco Gangemi on 0418 930 504.
^ Rental derived from office rental and two (2) undercover car bays
* Approximately.
Property History for 3a/151 Herdsman Pde, Wembley, WA 6014
- 18 Mar 2026Sold for $645,000
- 10 Dec 2017Sold for $694,000
- 05 Dec 2017Listed for Sale $710,000
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0About 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 85.95% increase in median value, while Units have seen a 120.62% increase. As at 30 April 2026:
- The median value for Houses in Wembley is $2,304,711 while the median value for Units is $618,912.
- Houses have a median rent of $1,025 while Units have a median rent of $580.
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