FOR SALE
$840,000 (Going Concern)

27 Oroya Street
South Boulder WA 6432

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 535m2
Land area: 2118m2
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10% RETURN - NEW 5 YEAR LEASE

27 Oroya Street, South Boulder is a fantastic commercial offering, and John Matthew & Sons are pleased to be marketing this property 'For Sale' on behalf of our client. Located one property back from the corner of Oroya Street & Waverley Street, the asset has recently been Leased on a 5 year term due to begin 1/7/24.
27 Oroya Street is offering investor a return of 10% based on the rent of $84,000pa+GST+Outgoings due to commence shortly.
A return this strong is very rare in the current market which will see this property in high demand.
Property Features:
- Zoned 'General Industry' under Local Planning Scheme No 2
- 2,118sqm* Lot
- 378sqm* Workshop (including two evaporative air conditioners)
- 72sqm* Lean-to
- 85sqm* Office & Amenities
Asking Price: $840,000 (Going Concern)
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Property Details for 27 Oroya St, South Boulder

Building Type
Commercial
Floor Size
535m2
Land Size
2118m2

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About South Boulder 6432

The size of South Boulder is approximately 10.4 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of South Boulder in 2011 was 1,463 people. By 2016 the population was 1,366 showing a population decline of 6.6% in the area during that time. The predominant age group in South Boulder is 30-39 years. Households in South Boulder are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Boulder work in a machinery operators and drivers occupation. In 2011, 65.1% of the homes in South Boulder were owner-occupied compared with 63.6% in 2016.

South Boulder has 905 properties. Over the last 5 years, Houses in South Boulder have seen a 73.13% increase in median value, while Units have seen a 194.44% increase. As at 31 July 2024:

  • The median value for Houses in South Boulder is $267,955 while the median value for Units is $226,703.
  • Houses have a median rent of $480.
There are currently 8 properties listed for sale, and no properties listed for rent in South boulder on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in South boulder.

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Daniel Lavery
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James Brennan
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John Matthew & Sons
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