SOLD
RECENT ADVICE
Sold on 12 Jul 2024 for $405,000

1 Glenelg Place
Connolly WA 6027

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10575m2
Sold By
Peter Zissiadis
Agencia Property
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Property Details for 1 Glenelg Pl, Connolly

Building Type
Commercial
Land Size
10575m2
Local Government
Joondalup
Lot/Plan
406/P015630

Last Listing description (August 2024)

Leased Investment Property.- New 5-year lease with 5-year option- Gross rent $33,709.09 pa- Annual 4% increases- Personal Guarantee and Bond.Fully leased take away food outlet in Connolly Shopping Centre near Joondalup Country Club.Well presented shop in neighbourhood centre.Great entry level leased investment.

Property History for 1 Glenelg Pl, Connolly, WA 6027

A timeline of how this property has performed in the market
Last Sold
$405,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $405,000
  • 06 Jun 2024
    Listed for Sale Offers above $400,000

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About Connolly 6027

The size of Connolly is approximately 2.9 square kilometres. It has 9 parks covering nearly 45.2% of total area. The population of Connolly in 2011 was 3,616 people. By 2016 the population was 3,639 showing a population growth of 0.6% in the area during that time. The predominant age group in Connolly is 50-59 years. Households in Connolly are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Connolly work in a professional occupation. In 2011, 83.7% of the homes in Connolly were owner-occupied compared with 84.2% in 2016.

Connolly has 1,565 properties. Over the last 5 years, Houses in Connolly have seen a 74.27% increase in median value, while Units have seen a 59.33% increase. As at 30 November 2024:

  • The median value for Houses in Connolly is $980,350 while the median value for Units is $584,500.
  • Houses have a median rent of $800 while Units have a median rent of $500.
There are currently 1 property listed for sale, and 3 properties listed for rent in Connolly on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Connolly.

Suburb Insights for Connolly 6027

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.