36 Paterson StreetMundijong WA 6123
Property Details for 36 Paterson St, Mundijong
Last Listing description (May 2016)
An opportunity exists to get in on the ground floor and invest in this high growth area.
The property is currently used for commercial purposes due to its zoning is returning 5.66% on gross rent from a fantastic tenant. Currently zoned Urban Deferred on a 1014 m2 block with rear lane access also.
Charming character double brick and iron property with polished Jarrah floor boards, new reverse cycle air-conditioners throughout, fully refurbished interior currently leased on a 3+3 year lease and tenanted to a reputable Hair and Beauty Salon.
* Large level 1014 m2 block zoned Urban Deferred, possible retain and develop with council approval.
* Solid double brick, fully refurbished character building currently leased for commercial purposes with long term tenant.
* Reverse cycle air-conditioning throughout.
* Security Screens.
* Alarm system.
* Ample parking facilities.
* Main street location in the CBD of Mundijong.
* High growth area surrounded by large estates.
* Surrounded by major shops and medical center.
* Public transport at your doorstep.
A great chance to secure a solid investment and get in on the ground floor.
Property History for 36 Paterson St, Mundijong, WA 6123
- 02 Sep 2015Sold for $347,500
- 18 Jun 2015Listed for Sale Not Disclosed
- 06 Jun 2013Sold for $250,000
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About Mundijong 6123
The size of Mundijong is approximately 16.1 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Mundijong in 2011 was 1,430 people. By 2016 the population was 1,235 showing a population decline of 13.6% in the area during that time. The predominant age group in Mundijong is 40-49 years. Households in Mundijong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mundijong work in a trades occupation. In 2011, 80.3% of the homes in Mundijong were owner-occupied compared with 81.9% in 2016.
Mundijong has 611 properties. Over the last 5 years, Houses in Mundijong have seen a 107.79% increase in median value. As at 31 October 2024:
- The median value for Houses in Mundijong is $821,760 while the median value for Units is $315,184.
- Houses have a median rent of $550.
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