12 Atlantic Cl, White Rock is a 6 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 1100m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
This fantastic investment opportunity is currently returning over 9% gross as is, and with a tidy up would fetch even more.
Comprising 3x two bedroom units, two units have had their bathrooms modernised and the rear unit has a modern style kitchen. All have fenced yards, patios & internal laundries.
Tenants are in place and the combined rent is $650 per week. Outgoings are council rates at $6,220 P.A and Insurance $2,675 P.A, giving you a net figure of $24,905 P.A.
The size of White Rock is approximately 9.5 square kilometres. It has 8 parks covering nearly 1.9% of total area. The population of White Rock in 2011 was 4,490 people. By 2016 the population was 4,728 showing a population growth of 5.3% in the area during that time. The predominant age group in White Rock is 0-9 years. Households in White Rock are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in White Rock work in a trades occupation. In 2011, 53.5% of the homes in White Rock were owner-occupied compared with 53.4% in 2016.
White Rock has 2,214 properties. Over the last 5 years, Houses in White Rock have seen a 66.29% increase in median value, while Units have seen a 73.84% increase. As at 31 August 2024:
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