SOLD
Sold on 29 Feb 2024 for $710,000

1/18 Griffin Drive
Dunsborough WA 6281

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 130m2
Sold By
Ray White Stocker Preston
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Property Details for 1/18 Griffin Dr, Dunsborough

Building Type
Commercial
Year Built
2008
Floor Size
130m2
Land Size
130m2
Local Government
Busselton
Lot/Plan
1/S055865

Last Listing description (May 2024)

Approved for a lunch bar, convenience store and cafe, this purpose-built premises is located in the thriving Enterprise Park business centre and opposite the bustling Dunsborough Lakes and The Cove residential areas.Currently vacant and previously run as a cafe and catering kitchen, this site has huge potential as a blank canvas for an aspiring business owner to service the growing businesses in Enterprise Park and current surrounding housing developments.With the inclusions of Chattels such as cool room, freezers, gas oven, dishwasher, benches and general kitchen items, tenants have the opportunity to build a thriving food business.

Property History for 1/18 Griffin Dr, Dunsborough, WA 6281

A timeline of how this property has performed in the market
Last Sold
$710,000
29 Feb 2024
Listed for Rent
$770/w
25 May 2024
  • 09 Apr 2024
    Listed for Rent $40,200 / year
  • 29 Feb 2024
    Sold for $710,000
  • 07 Nov 2023
    Listed for Sale $685,000 plus full GST
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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 5,791 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 26 properties listed for sale, and 8 properties listed for rent in Dunsborough on OnTheHouse. According to CoreLogic's data, 305 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.