23 Rafferty RoadMandurah WA 6210
Property Details for 23 Rafferty Rd, Mandurah
Last Listing description (July 2012)
BLUE CHIP COMMERCIAL INVESTMENT
It's one of the best opportunities currently available in the Mandurah market. A high profile, highly visible Commercial property fully leased to long term tenants, showing a strong high income.
Currently returning over $138,000 per year these three commercial units straddle two large blocks of land Zoned Service Commercial in Rafferty Road Mandurah totaling over 2,495m2.
Each of the tenancies includes showroom as well as separate office spaces and some yard space also.
Unit 1 occupies approximately 288m2 and is under lease until 2014 with 2 separate three year options available. The second Unit is approximately 183m2 and is leased through until the middle of 2016 and Unit 3 occupies approximately 366m2 and is leased until March 2016.
The property will be offered for sale by Public Auction on site at 12 noon on Saturday June 23 2012. Full details can be obtained by contacting the Auctioneer Frank Lawrence direct 0412 903375
Property History for 23 Rafferty Rd, Mandurah, WA 6210
- 20 Jun 2024Sold for $2,600,000
- 23 Jun 2012Sold for $1,600,000
- 19 Jun 2012Listed for Sale Not Disclosed
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0About Mandurah 6210
The size of Mandurah is approximately 7.5 square kilometres. It has 33 parks covering nearly 11.2% of total area. The population of Mandurah in 2011 was 7,327 people. By 2016 the population was 7,827 showing a population growth of 6.8% in the area during that time. The predominant age group in Mandurah is 60-69 years. Households in Mandurah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mandurah work in a trades occupation. In 2011, 38.7% of the homes in Mandurah were owner-occupied compared with 43% in 2016.
Mandurah has 7,662 properties. Over the last 5 years, Houses in Mandurah have seen a 110.36% increase in median value, while Units have seen a 87.75% increase. As at 31 August 2024:
- The median value for Houses in Mandurah is $531,282 while the median value for Units is $485,941.
- Houses have a median rent of $500 while Units have a median rent of $460.
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