55 Norma Road, Myaree, WA 6154

Industrial | Showrooms | Retail

Sold $1,100,000

  • Property ID: 332035
  • Floor Area: 414m²
  • Land Area: 906m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 414m2 906m2 N/A
SOLID LEASED INVESTMENT WITH DEVELOPMENT POTENTIAL

Situated on the busy street of Norma Road within the heart of the Myaree commercial/industrial precinct, the property offers a modest workshop/showroom/warehouse complex comprising of two units on the one title.

The two units are fully leased with a net rental income of $52,800 per annum.

The property is located approximately 9 kilometres south of the Perth CBD and within close proximity to major arterial roads including Leach Highway and Canning Highway. Under the current town planning scheme the property is zoned “Service Commercial” which allows a plot ratio of 1 and a building height standard of 13.5 metres overall.

Surrounded either side by new builds - the future is very promising for this locale and the future potential for this site is massive.

Features include:
- 414m2 of combined lettable area
- 906m2 of Freehold Land
- Prestigious Myaree Location
- Secure Investment
- Signage & Exposure
- Ample parking to both front and rear of the property for staff and customers
- 19 meter frontage to Norma Road
- Perfectly rectangular development site

Be sure to contact the Joseph Mansour on 0412 672 234 for further details.

Property Code: 609

Myaree Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $170 ---
Offices $3721 --- ---
Industrial --- $170 ---
This is the average advertised price, rent and yield for Myaree, WA 6154*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 55 Norma Road, Myaree, WA 6154. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 55 Norma Road, Myaree, WA 6154. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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