FOR SALE
$300,000

Contact Agent For Address
Mandurah WA 6210

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 95m2
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Subway For Sale

A successful and highly desirable store is in Mandurah’s prominent shopping centre. Only at the selling price of $300,000, it has the following key investment features:
– Future maintainable earnings are expected to remain high.
– Earnings to the new owner of $4,500 net (per month).
– A low base rent of $6,380 (per month).
– A seven-year lease since 2017.
– Refurbished in 2017 with a cost of $280,000.
– Turnover, approximately, $560,000 (per annum).
– A long-established business.
– A well-known franchise.
– No prior experience is required to manage the store.
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Property Details for Contact Agent For Address, Mandurah

Building Type
Commercial
Floor Size
95m2

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About Mandurah 6210

The size of Mandurah is approximately 7.5 square kilometres. It has 33 parks covering nearly 11.2% of total area. The population of Mandurah in 2011 was 7,327 people. By 2016 the population was 7,827 showing a population growth of 6.8% in the area during that time. The predominant age group in Mandurah is 60-69 years. Households in Mandurah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mandurah work in a trades occupation. In 2011, 38.7% of the homes in Mandurah were owner-occupied compared with 43% in 2016.

Mandurah has 7,657 properties. Over the last 5 years, Houses in Mandurah have seen a 124.97% increase in median value, while Units have seen a 109.19% increase. As at 31 October 2024:

  • The median value for Houses in Mandurah is $548,903 while the median value for Units is $503,986.
  • Houses have a median rent of $500 while Units have a median rent of $475.
There are currently 105 properties listed for sale, and 42 properties listed for rent in Mandurah on OnTheHouse. According to CoreLogic's data, 644 properties were sold in the past 12 months in Mandurah.

Suburb Insights for Mandurah 6210

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Taylor Glenister
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.