4/228 Cambridge StreetWembley WA 6014
Property Details for 4/228 Cambridge St, Wembley
Last Listing description (June 2024)
Nestled on the vibrant Cambridge Street, this medical suite presents an enticing investment proposition. With a generous 86sqm, with the added option to acquire an additional 211m2 in Unit 6, this opportunity is brimming with potential.
This well-appointed medical suite is ideal for those seeking to secure their own premises or capitalize on the thriving healthcare sector. Anticipate an approximate annual rental income ranging from $25,000 to $28,000, inclusive of outgoings and GST, making it an attractive investment prospect.
Benefiting from convenient access to public transportation, this location effortlessly draws patients from the wider region. Whether you're a seasoned investor or just beginning your journey, this medical suite is your ticket to expanding your portfolio and securing your financial future.
Discover the allure of this newly refurbished, stunning medical suite, now available for sale on Cambridge Street in Wembley.
Features includes:
Prime location on bustling Cambridge Street.
Spacious medical suite with a total Net Lettable area of 86sqm.
Two lots on a strata plan available, with the OPTION to purchase an additional 211m2 in Unit 6.
Perfect for owner-occupiers and investors in the thriving healthcare industry.
Anticipated rental income of approximately $25,000 to $28,000 per annum, inclusive of outgoings and GST.
Convenient access to public transportation, attracting patients from across the region.
Ideal for both experienced investors and those just starting their portfolio journey.
Newly refurbished and visually stunning medical suite.
Contact us today to arrange a viewing and uncover why this property is the investment opportunity you've been diligently searching for!
Property History for 4/228 Cambridge St, Wembley, WA 6014
- 20 Feb 2024Sold for $385,000
- 07 Aug 2019Listed for Sale $1,350,000-$1,800,000 + GST
- 24 Jun 2016Sold for $270,000
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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 5,964 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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