FOR SALE
$790,000

167 Spencer Street
South Bunbury WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 923m2
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Prime Commercial Investment Opportunity

This commercial property offers a prime investment opportunity in the highly sought after location of South Bunbury. Tenanted until 30th November 2028 plus another 3 x 12 month options, this property is perfect for those looking for an established investment to expand their portfolio in a central and bustling area.
Conveniently located in the burgeoning Medical hub along Spencer st & with a total building area of 250sqm* plus a front verandah, this property provides ample space for any business needs.
Internally, the premise features a reception area, 5 offices, and a large 6m x 8m boardroom. It also includes male and female toilets with a shower, as well as reverse cycle air conditioning throughout.
Externally, the property boasts a 923m2 sewered lot with bitumen sealed and drained driveways. There is ample onsite parking with 12 marked car bays at the rear, including a disabled bay. The property also offers dual street access through to Paisley St.
Situated in a mixed-use precinct, this property is surrounded by a blend of diverse administrative, financial, social, professional, healthcare, and medical services, making it an ideal location.
Don't miss out on this opportunity. Call Garrod Delfs on 0408948786 for further details or to arrange an inspection.
Land Rates $5081, Water $1,609.68
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Barr and Standley Pty Ltd ABN 55 651 170 731

Property Details for 167 Spencer St, South Bunbury

Building Type
Commercial
Floor Size
250m2
Land Size
923m2

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About South Bunbury 6230

The size of South Bunbury is approximately 6.5 square kilometres. It has 15 parks covering nearly 20.7% of total area. The population of South Bunbury in 2011 was 8,173 people. By 2016 the population was 8,418 showing a population growth of 3.0% in the area during that time. The predominant age group in South Bunbury is 50-59 years. Households in South Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Bunbury work in a professional occupation. In 2011, 63.3% of the homes in South Bunbury were owner-occupied compared with 63.9% in 2016.

South Bunbury has 4,934 properties. Over the last 5 years, Houses in South Bunbury have seen a 67.42% increase in median value, while Units have seen a 106.04% increase. As at 30 September 2024:

  • The median value for Houses in South Bunbury is $653,675 while the median value for Units is $503,877.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 52 properties listed for sale, and 7 properties listed for rent in South bunbury on OnTheHouse. According to CoreLogic's data, 275 properties were sold in the past 12 months in South bunbury.

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Garrod Delfs
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