OFF MARKET

9/10 Lawley Street
North Beach WA 6020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 24m2
Land area: 24m2
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Property Details for 9/10 Lawley St, North Beach

9/10 Lawley St, North Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 24m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1970
Floor Size
24m2
Land Size
24m2
Local Government
Stirling
Lot/Plan
9/S038749

Last Listing description (March 2014)

TOP INVESTMENT OCEAN VIEW MOTEL
Opportunity knocks!
Lot 9 / Room 12 , better known as the ONE and ONLY SPA room with Ocean Views - now for sale!

Situated on the upper floor with balcony facing the ocean
Easy and highly profitable investment with massive rental income of $1291/month ($15492/year)
guaranteed till 30.06.2016!!!
(and renewal options for 2 more periods of 5 years)
The OCEAN VIEW Motel has been managed and maintained to a very high standard over the past years and earned a reputation as top accommodation at Perts Sunset Coast.
Find more information here: www.oceanviewmotel.com.au
TOP SPOT
*Only meters to the Ocean / West Coast Highway
*Only 3min to Hillarys Boat Harbour
*Only 5min to Scarborough Beach
*Short walk to restaurants, deli and shops
FAQ
- Who is responsible for out goings listed in lease agreement?
All outgoings are to be paid by the lessee
- Who is responsible for the cost of inspections for vermin and Infectious diseases
The cost for those inspections are in the duty of the Lessee.
-Can you confirm that the Lessor needs to purchase insurance to cover any damage to the premises?
The lessee is responsible for any insurance (this does include public liability, building, a.s.o.)
-Where does it state that the $15,492 p.a. is guaranteed?
The contract clearly defines the minimum monthly rent to be paid to the lessor. There is a annual rent increase according to the cpi increase. The current rent is $1291/month ($15492/year). The next increase is due in July 2014.
For more information please call Peggy Middelveld on 041 55 66 825
Or email to peggy.middelveld@peard.com.au
Additional feature/s - Close to beach.

Property History for 9/10 Lawley St, North Beach, WA 6020

A timeline of how this property has performed in the market
Last Sold
$185,000
04 Nov 2022
  • 04 Nov 2022
    Sold for $185,000
  • 17 Mar 2014
    Sold for $155,000
  • 29 Oct 2013
    Listed for Sale $170,000
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About North Beach 6020

The size of North Beach is approximately 2.1 square kilometres. It has 8 parks covering nearly 36% of total area. The population of North Beach in 2011 was 3,090 people. By 2016 the population was 3,398 showing a population growth of 10.0% in the area during that time. The predominant age group in North Beach is 40-49 years. Households in North Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Beach work in a professional occupation. In 2011, 60.1% of the homes in North Beach were owner-occupied compared with 64.4% in 2016.

North Beach has 1,951 properties. Over the last 5 years, Houses in North Beach have seen a 83.00% increase in median value, while Units have seen a 65.34% increase. As at 31 July 2024:

  • The median value for Houses in North Beach is $1,734,482 while the median value for Units is $752,298.
  • Houses have a median rent of $1,000 while Units have a median rent of $650.
There are currently 11 properties listed for sale, and 1 property listed for rent in North beach on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in North beach.

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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.