$1,229,000
For sale: Other

Seize this rare opportunity to own a well-established convenience store with LCBO outlet and the property. Located in the heart of Monkton, North Perth, this thriving business features strong annual sales of approximately $1.23M, an attached 3-bedroom, 2-bath residential apartment, and excellent potential for future growth. The property enjoys great visibility, convenient customer access, and serves as the area's only convenience store. Additional income potential from the upper residential unit (approximately $24,000/year). Opportunities include expanding product offerings, parcel pickup services, extended operating hours, and other value-added services. Inventory is extra.
Sold data
Homes in North Perth (Wallace) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 47 recorded sales.
The median sale price was $579,900.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 47 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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