SOLD
Sold on 03 Apr 2024 for $410,000

7/1 Glenelg Place
Connolly WA 6027

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 119m2
Land area: 119m2
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Property Details for 7/1 Glenelg Pl, Connolly

Building Type
Commercial
Floor Size
119m2
Land Size
119m2
Local Government
Joondalup
Lot/Plan
7/S015717

Last Listing description (June 2023)

Ray White Commercial (WA) is pleased to present this quality bakery located uniquely within the newly refurbished Connolly Shopping Centre and only minutes from Joondalup Gate, positioned at the entry to Joondalup Golf Club. This property is easily access via Country Club Boulevard at the entrance to Joondalup Resort.

The lot is well fit out for an operator to move in and get started straight away with in built cool rooms, proofing room and shop front fit out. The complex is anchored by a newly completed medical centre and child care plus restaurants, a liquor store and pharmacy.

Features:

- Ready to go Bakery
- In built coolrooms and proofing room
- 1000L grease trap
- Upgraded gas supply
- Rear loading entry

For further information or to arrange an inspection, please contact:

Lachlan Burrows
Ray White Commercial (WA)
M: 0499 552 296
E: lachlan.burrows@raywhite.com

Property History for 7/1 Glenelg Pl, Connolly, WA 6027

A timeline of how this property has performed in the market
Last Sold
$410,000
03 Apr 2024
Listed for Rent
$479/w
16 May 2023
  • 03 Apr 2024
    Sold for $410,000
  • 14 Feb 2023
    Listed for Sale $400,000 + GST / $25,000pa + VO's + GST
  • 14 Feb 2023
    Listed for Rent $25,000 / year
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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 75.77% increase in median value, while Units have seen a 63.17% increase. As at 30 September 2024:

  • The median value for Houses in Connolly is $976,820 while the median value for Units is $607,101.
  • Houses have a median rent of $800 while Units have a median rent of $598.
There are currently 2 properties listed for sale, and 1 property listed for rent in Connolly on OnTheHouse. According to CoreLogic's data, 56 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.