OFF MARKET

1/9 First Avenue
Onslow WA 6710

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 57m2
Land area: 75m2
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Property Details for 1/9 First Ave, Onslow

Building Type
Commercial
Year Built
2014
Floor Size
57m2
Land Size
75m2
Local Government
Ashburton
Lot/Plan
1/S063937

Last Listing description (October 2024)

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.

Property History for 1/9 First Ave, Onslow, WA 6710

A timeline of how this property has performed in the market
Last Sold
$830,000
08 Feb 2013
Listed for Rent
$550/w
06 Sep 2022
  • 30 Aug 2024
    Listed for Sale $175,000 GST FREE
  • 26 Jul 2022
    Listed for Rent - Price not available
  • 25 Jul 2022
    Listed for Sale $175,000 GST FREE
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About Onslow 6710

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:

  • The median value for Houses in Onslow is $565,746 while the median value for Units is $312,569.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Onslow on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Onslow.

Suburb Insights for Onslow 6710

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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.