34 Stead RoadCentennial Park WA 6330
Property Details for 34 Stead Rd, Centennial Park
Last Listing description (October 2024)
This property presents a unique combination of residential and commercial opportunities.
Residential Cottage Overview
This quaint cottage features two comfortable bedrooms with stunning wooden floor boards. The bathroom is equipped with a shower over a bath tub, providing flexibility for relaxation or quick showers. Enjoy the comfort of reverse cycle air conditioning in the living area, ensuring a pleasant atmosphere year-round. The kitchen offers a gas cooktop and oven. The cottage is currently tenanted, generating a steady rental income of $350.00 per week. This makes it a great investment opportunity for buyers looking to enter the property market.
Storage Units Overview
This property offers 15 storage units that are colourbond construction with roller doors, and has brick walls to boundaries. With dual access from Vine Street and Stead Road, the property offers ample access to tenants. All storage units are currently leased.
With a solid rental income from both the cottage and the fully leased storage units, it offers a diverse investment portfolio. The dual access and secure storage facilities add further value, making it a desirable option for both homeowners and investors alike. Situated in a convenient location, the cottage and storage units benefit from easy access to local amenities, public transport, and main road networks.
Don't miss out on this great opportunity and contact Julie Hetherington today 0421 823 283
Property History for 34 Stead Rd, Centennial Park, WA 6330
- 22 Oct 2024Sold for $850,000
- 17 Oct 2024Listed for Sale $875,000
- 23 Aug 2022Sold for $600,000
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0About Centennial Park 6330
The size of Centennial Park is approximately 2 square kilometres. It has 1 park covering nearly 28% of total area. The population of Centennial Park in 2011 was 568 people. By 2016 the population was 620 showing a population growth of 9.2% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centennial Park work in a trades occupation. In 2011, 51% of the homes in Centennial Park were owner-occupied compared with 53.8% in 2016.
Centennial Park has 838 properties. Over the last 5 years, Houses in Centennial Park have seen a 62.59% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:
- The median value for Houses in Centennial Park is $527,031 while the median value for Units is $258,742.
- Houses have a median rent of $380 while Units have a median rent of $450.
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