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Sold on 11 Jun 2024 - Price Unavailable

2 Ilmenite Crescent
Capel WA 6271

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 660m2
Land area: 4337m2
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Property Details for 2 Ilmenite Cres, Capel

Building Type
Commercial
Floor Size
660m2
Land Size
4337m2
Local Government
Capel
Lot/Plan
2/P015610

Last Listing description (June 2024)

Premier location and entry statement to the Capel Industrial Area. An impressive 4337m2 corner block with dual access and 2 street frontage. The largest corner site in the industrial area. The existing 600m2 of lettable space, is comprised of 6 industrial units.

Midway between Bunbury & Busselton - just 450m turn off/on to Bussell Highway and secondary thoroughfare to the Capel Town Site.

• 6 units built in 1992 (approx. 100m2)

• Street frontage
• Ample parking
• Rear access to units
• Unbeatable showcasing site

The premise is primed for additional development with the existing building providing excellent holding income.

The sky's the limit for potential and further development on this industrial corner block.

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: Downsouth (WA) Pty Ltd ACN 125 383 628

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Property History for 2 Ilmenite Cres, Capel, WA 6271

A timeline of how this property has performed in the market
Last Sold
11 Jun 2024
Listed for Rent
$2.76k/w
23 Jan 2023
  • 11 Jun 2024
    Sold for $665,000
  • 06 Apr 2023
    Listed for Sale $699,000 + GST
  • 19 May 2020
    Listed for Rent $12,000 / month
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About Capel 6271

The size of Capel is approximately 66.4 square kilometres. It has 11 parks covering nearly 0.3% of total area. The population of Capel in 2011 was 2,201 people. By 2016 the population was 2,495 showing a population growth of 13.4% in the area during that time. The predominant age group in Capel is 0-9 years. Households in Capel are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capel work in a trades occupation. In 2011, 74.1% of the homes in Capel were owner-occupied compared with 76.7% in 2016.

Capel has 1,511 properties. Over the last 5 years, Houses in Capel have seen a 92.79% increase in median value, while Units have seen a -59.79% decrease. As at 31 August 2024:

  • The median value for Houses in Capel is $644,147 while the median value for Units is $436,920.
  • Houses have a median rent of $575.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Capel on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Capel.

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Larisa Tomuli
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Michelle Pownall
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Ray White Stocker Preston | Busselton
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