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Sold on 28 Oct 2024 - Price Unavailable

6/57 Gordon Road
Greenfields WA 6210

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 64m2
Land area: 64m2
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Property Details for 6/57 Gordon Rd, Greenfields

Building Type
Commercial
Floor Size
64m2
Land Size
64m2
Local Government
Mandurah
Lot/Plan
6/S018753

Last Listing description (October 2024)

This lunch bar is situated on a main road in the heart of Greenfields which is Mandurah's main industrial district.
The shop offers prime Gordon Road frontage for this 64m2 strata premises with approved use for a lunch bar, and there is good short term parking places right outside the door.

It is a fresh 5 year lease with 2 x 5 year options. Lease commenced 2/4/2024.

Rent is $16,200per annum. Rent reviews are CPI except to market at option exercise.
Tenants pay Council and Water Rates, and owner pays the strata levy (currently $620/qtr)
As the sellers are not registered for GST, there is no GST applicable to the sale.

This is a super very affordable investment opportunity because the rent is low and thus also affordable to a tenant.
Commercial investments in this price range, and having long leases is rare, so be quick as we don't expect this to last long so
Contact Peter Vetten, your commercial property specialist with Local Knowledge and National Strength.

Property History for 6/57 Gordon Rd, Greenfields, WA 6210

A timeline of how this property has performed in the market
Last Sold
28 Oct 2024
Listed for Rent
$241/w
16 Dec 2020
  • 28 Oct 2024
    Sold
  • 15 Aug 2024
    Listed for Sale $210,000 (no GST applicable)
  • 01 Jul 2021
    Sold for $236,500
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About Greenfields 6210

The size of Greenfields is approximately 10 square kilometres. It has 30 parks covering nearly 12.5% of total area. The population of Greenfields in 2011 was 9,939 people. By 2016 the population was 9,851 showing a population decline of 0.9% in the area during that time. The predominant age group in Greenfields is 0-9 years. Households in Greenfields are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Greenfields work in a trades occupation. In 2011, 61.8% of the homes in Greenfields were owner-occupied compared with 64% in 2016.

Greenfields has 4,905 properties. Over the last 5 years, Houses in Greenfields have seen a 149.74% increase in median value, while Units have seen a 140.40% increase. As at 31 October 2024:

  • The median value for Houses in Greenfields is $611,927 while the median value for Units is $486,797.
  • Houses have a median rent of $540 while Units have a median rent of $500.
There are currently 32 properties listed for sale, and 15 properties listed for rent in Greenfields on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Greenfields.

Suburb Insights for Greenfields 6210

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Contact agent
Peter Vetten
Show contact details
Raine & Horne Mandurah
Preferred contact:
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.