SOLD
Sold on 22 Mar 2024 for $509,300

14 Olive Court
Glen Iris WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4383m2
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Property Details for 14 Olive Ct, Glen Iris

Building Type
Land
Land Size
4383m2
Local Government
Bunbury
Lot/Plan
108/P063117

Last Listing description (June 2024)

14 Olive Court is situated in a cul de sac and is 4,383sqm in size and long rectangular in shape. It's part of a small subdivision located on the South-Eastern corner of the intersection of South West Highway and Dodson Road, close to the main port access road being Willinge Drive, Bunbury airport and the Bunbury CBD.This subdivision offers an absolute blank canvas in an established prime commercial location with great exposure of some lots to a busy highway while being close to major transport routes and infrastructure.Zoned Light Industry there are many opportunities for these lots, including relocating your business to your own premises or develop and lease the property out as an investment opportunity.If you are not ready to purchase the owner will negotiate to build you a building to suit your business on a leaseback arrangement. 4,383sqm of prime commercial real estate Great location Flat & rectangular in shape Zoned light industry Buy outright or the owners will develop on a lease back arrangementBuyers Note: All measurements/dollar amounts are approximate only & generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline & are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer & should not rely on the photos or text in this advertising in making a purchasing decision.

Property History for 14 Olive Ct, Glen Iris, WA 6230

A timeline of how this property has performed in the market
Last Sold
$509,300
22 Mar 2024
Listed for Rent
19 Apr 2023
  • 22 Mar 2024
    Sold for $509,300
  • 04 Jul 2023
    Listed for Sale Contact Agent
  • 27 Apr 2022
    Listed for Rent $1 / year
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About Glen Iris 6230

The size of Glen Iris is approximately 4.9 square kilometres. It has 6 parks covering nearly 1.7% of total area. The population of Glen Iris in 2011 was 2,880 people. By 2016 the population was 3,007 showing a population growth of 4.4% in the area during that time. The predominant age group in Glen Iris is 0-9 years. Households in Glen Iris are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glen Iris work in a trades occupation. In 2011, 70.3% of the homes in Glen Iris were owner-occupied compared with 68.8% in 2016.

Glen Iris has 1,536 properties. Over the last 5 years, Houses in Glen Iris have seen a 94.78% increase in median value, while Units have seen a 66.12% increase. As at 31 July 2024:

  • The median value for Houses in Glen Iris is $588,986 while the median value for Units is $506,109.
  • Houses have a median rent of $580 while Units have a median rent of $350.
There are currently 9 properties listed for sale, and no properties listed for rent in Glen iris on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Glen iris.

Suburb Insights for Glen Iris 6230

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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.