SOLD
RECENT ADVICE
Sold on 06 Dec 2024 for $650,000

97 Knight Terrace
Denham WA 6537

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 1405m2
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Property Details for 97 Knight Tce, Denham

Building Type
Commercial
Floor Size
400m2
Land Size
1405m2

Last Listing description (December 2024)

Absolute waterfront strategically located on the main entrance into town and with 2 street frontages capturing all traffic flow into this iconic town as well as capitalising on the knockout views across the Indian Ocean to Dirk Hartog Island and beyond.

Solid construction of steel iron colourbond and Fibro cement, cyclone proof building. Offering over approximately 400sqm of shop front and two bowser's in a highest traffic location in town.

The global recognition of Shark Bay's ecological significance and tourist attractions positions the region for massive and continued tourism growth. Commercial properties, such as hotels, resorts, and retail establishments, have the potential to thrive as the area attracts an increasing number of visitors. Pastoral stations, fishing and mining are other commercial activities undertaken in the shire of Shark Bay.

Tourist attractions abound in this pristine unique area such as:
• Monkey Mia
• Francois Peron National Park
• Hamelin Pool
• Shell Beach
• Dirk Hartog Island
• Useless Loop

The allure of coastal living, coupled with the region's natural beauty, makes Shark Bay an attractive destination for those seeking a residential and/or seasonal retreat. The demand for residential and holiday properties, whether for permanent residence or holiday makers, is experiencing dynamic growth as everyone is drawn to the unique lifestyle offered by the bay.

The influx of tourists creates economic opportunities for local businesses, contributing to the overall growth of the commercial sector. With a strong emphasis on environmental conservation and sustainable practices, there are exciting opportunities for property development on this valuable site in the future that aligns with the region's commitment to preserving its natural heritage.

Seldom do you have the opportunity to own such an iconic and powerfully diverse asset with so much incredible upside.

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Property History for 97 Knight Tce, Denham, WA 6537

A timeline of how this property has performed in the market
Last Sold
$650,000
06 Dec 2024
  • 06 Dec 2024
    Sold for $650,000
  • 26 Jul 2024
    Sold for $650,000
  • 19 Jul 2024
    Listed for Sale Expressions of Interest
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About Denham 6537

The size of Denham is approximately 32.8 square kilometres. It has 6 parks covering nearly 2.1% of total area. The population of Denham in 2011 was 637 people. By 2016 the population was 758 showing a population growth of 19.0% in the area during that time. The predominant age group in Denham is 60-69 years. Households in Denham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Denham work in a managers occupation. In 2011, 44.5% of the homes in Denham were owner-occupied compared with 51.6% in 2016.

Denham has 744 properties. Over the last 5 years, Houses in Denham have seen a 87.30% increase in median value, while Units have seen a 236.32% increase. As at 30 November 2024:

  • The median value for Houses in Denham is $456,064 while the median value for Units is $379,840.
There are currently 19 properties listed for sale, and no properties listed for rent in Denham on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Denham.

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Mark Hay
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