SOLD
Sold on 14 Aug 2024 for $400,000

1/1 Congressional Drive
Dunsborough WA 6281

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 160m2
Land area: 48m2
Sold By
Lee York
JHY Realty
Save

Property Details for 1/1 Congressional Dr, Dunsborough

Building Type
Commercial
Year Built
2010
Floor Size
160m2
Land Size
48m2
Local Government
Busselton
Lot/Plan
1/S062314

Last Listing description (October 2024)

If you are looking for a rock-solid investment, then look no further. Located within Griffin House a landmark development of 7 light industrial commercial buildings located in the Heart of the Dunsborough LIA, this freehold opportunity has a long-standing tenant who has occupied the premises since new in 2010.Current 3 year lease commenced on 01/07/2024 + a further 3 year option means your investment is secure and provides approximately a 6.0% net return with CPI or market review increases annually.With a total lettable area of approximately 95m2 this is a rare opportunity to enter the commercial investment market at an affordable price in the very tightly held Dunsborough LIA.The extensive office fit out includes a large reception area, kitchenette, bathroom and large storeroom with Roller door access on the ground floor (Approx 50m2 total ground floor).Upstairs a fully fitted office space includes built in furniture, carpeted floors, and a sperate private office with glass walls. All include insulated ceilings, air conditioning, LED down lighting and an abundance of power and data points (Approx 45m2 total second floor).

Property History for 1/1 Congressional Dr, Dunsborough, WA 6281

A timeline of how this property has performed in the market
Last Sold
$400,000
14 Aug 2024
  • 14 Aug 2024
    Sold for $400,000
  • 06 Aug 2024
    Listed for Sale Contact Agent
  • 30 Apr 2010
    Sold for $280,500

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About Dunsborough 6281

The size of Dunsborough is approximately 16 square kilometres. It has 18 parks covering nearly 12.4% of total area. The population of Dunsborough in 2011 was 4,005 people. By 2016 the population was 5,310 showing a population growth of 32.6% in the area during that time. The predominant age group in Dunsborough is 30-39 years. Households in Dunsborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dunsborough work in a trades occupation. In 2011, 61.9% of the homes in Dunsborough were owner-occupied compared with 71% in 2016.

Dunsborough has 5,796 properties. Over the last 5 years, Houses in Dunsborough have seen a 91.64% increase in median value, while Units have seen a 136.36% increase. As at 30 September 2024:

  • The median value for Houses in Dunsborough is $1,192,759 while the median value for Units is $577,128.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 25 properties listed for sale, and 7 properties listed for rent in Dunsborough on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Dunsborough.

Suburb Insights for Dunsborough 6281

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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.