Positioned just a stone's throw from Onslow's beach front, this modern, 19m2 commercial unit offers a 9.46% net return, and strong depreciation benefits. Positioned in a modern complex with street front parking, alongside one other commercial unit, with residential above. Leased to the same commercial tenant, The Wirrpanda Foundation, since 2017, this property presents as an outstanding investment opportunity. Significant potential upside exists in the Onslow market, with new Mineral Resources iron ore mine operations developing in town as well as existing Chevron's Wheatstone LNG and BHP's Macedon Gas.Feature summary:* 9.46% net returns* Modern 19m2 commercial* Internal kitchenette* Street front parking* Tenant in occupation since 2017* Neighboring unit 2 also available* Significant potential upside* Excellent depreciation benefitsFor more on this stand-out commercial investment opportunity, call Realmark Commercial Pilbara's Commercial and Industrial Specialist Dave Rowe on 0400 313 566 today.
The size of Onslow is approximately 185.1 square kilometres. It has 1 park. The population of Onslow in 2011 was 664 people. By 2016 the population was 847 showing a population growth of 27.6% in the area during that time. The predominant age group in Onslow is 50-59 years. Households in Onslow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Onslow work in a trades occupation. In 2011, 29.9% of the homes in Onslow were owner-occupied compared with 24.5% in 2016.
Onslow has 728 properties. Over the last 5 years, Houses in Onslow have seen a 102.88% increase in median value, while Units have seen a 130.62% increase. As at 31 October 2024:
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