82 King RoadEast Bunbury WA 6230
Property Details for 82 King Rd, East Bunbury
Last Listing description (September 2024)
Here is a great investment opportunity to buy a commercial property in the very popular East Bunbury. This property consists of five commercial units, underpinned by one major long-term tenant with a mechanical business. The complex has good access off Albert Road and is currently fully leased and showing good returns.Four of the tenancies are currently being used as, and are ideal for storage units or small workshops for businesses This is a great opportunity to buy a fully leased property that is currently showing just over a 6% ROI and in a very good location.All information is available by calling or emailing me for the IM.
Property History for 82 King Rd, East Bunbury, WA 6230
- 27 Jun 2024Sold for $1,487,000
- 15 Jun 2024Listed for Sale Contact Agent
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About East Bunbury 6230
The size of East Bunbury is approximately 3.5 square kilometres. It has 14 parks covering nearly 8.8% of total area. The population of East Bunbury in 2011 was 4,011 people. By 2016 the population was 3,892 showing a population decline of 3.0% in the area during that time. The predominant age group in East Bunbury is 60-69 years. Households in East Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Bunbury work in a trades occupation. In 2011, 60.5% of the homes in East Bunbury were owner-occupied compared with 63.8% in 2016.
East Bunbury has 2,349 properties. Over the last 5 years, Houses in East Bunbury have seen a 96.16% increase in median value, while Units have seen a 80.43% increase. As at 31 July 2024:
- The median value for Houses in East Bunbury is $542,599 while the median value for Units is $421,979.
- Houses have a median rent of $563 while Units have a median rent of $468.
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