SOLD
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Sold on 14 Jan 2024 for $407,000

2/1-5 Sunlight Drive
Port Kennedy WA 6172

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 254m2
Land area: 254m2
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Property Details for 2/1-5 Sunlight Dr, Port Kennedy

Building Type
Commercial
Year Built
1996
Floor Size
254m2
Land Size
254m2
Local Government
Rockingham
Lot/Plan
2/S031372

Last Listing description (November 2024)

DFR Commercial are pleased to present to the market this modern leased investment within small strata complex of eight commercial units. The property is currently leased to an established local t shirt, apparel and promotional goods wholesaler offering quality products and many services.

The property has good onsite parking, rear access being ideal for deliveries, good exposure to busy Warnbro Sound Drive with over 17,000 vehicles passing weekly. The subject site is within the Port Kennedy Business Enterprises Park with good access to all main arterial roads being positioned in the southern corridor of Perth nestled between huge growth areas of Rockingham, Mandurah and Baldivis.

Tenancy Details:

- Annual Nett Rental $35,000
- Lease Commencement: 15th May 2024
- Lease Term: 3 years
- Further Term: 3 years
- Rent Increases: 3% fixed annually
- Market Rent Review: At Option
- Security: $7,500 Bond

Property Details:
- Total lettable area 254m2
- Full glass frontage
- Huge signage rights with good exposure
- Fronting busy Warnbro Sound Drive
- Rear roller door access ideal for deliveries

Approximate Annual Outgoings: Council rates $2,634.08, water rates $1,400.00, strata levies $1,822.75, land tax $273.00 and management fees $2.400.00. TOTAL: $8,529.83.

Information disclaimer: The terms of this information disclaimer apply to any content whatsoever (including, videos, sound files and computer code) ("Material") provided or made accessible by DFR Commercial to any person ("Recipient"). The Recipient is taken to agree to these terms when they receive the Material. DFR Commercial makes no statements, representations or undertakings to the Recipient or any other person in connection with the Material, including in relation to the ownership, legality, suitability, purpose, quality, accuracy or completeness of the Material, and is not liable for any claim, loss or cost in connection with the same. DFR Commercial disclaims, to the extent permitted by law, all warranties, representations and guarantees in connection with the Material.

Property History for 2/1-5 Sunlight Dr, Port Kennedy, WA 6172

A timeline of how this property has performed in the market
Last Sold
$407,000
14 Jan 2024
Listed for Rent
$671/w
03 May 2024
  • 09 Oct 2024
    Sold for $583,000
  • 01 Aug 2024
    Listed for Sale UNDER OFFER
  • 23 Apr 2024
    Listed for Rent $35,000 / year
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About Port Kennedy 6172

The size of Port Kennedy is approximately 23.6 square kilometres. It has 31 parks covering nearly 59.5% of total area. The population of Port Kennedy in 2011 was 14,105 people. By 2016 the population was 13,784 showing a population decline of 2.3% in the area during that time. The predominant age group in Port Kennedy is 10-19 years. Households in Port Kennedy are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Kennedy work in a trades occupation. In 2011, 68.5% of the homes in Port Kennedy were owner-occupied compared with 71.7% in 2016.

Port Kennedy has 5,692 properties. Over the last 5 years, Houses in Port Kennedy have seen a 117.07% increase in median value, while Units have seen a 108.39% increase. As at 31 October 2024:

  • The median value for Houses in Port Kennedy is $745,079 while the median value for Units is $481,995.
  • Houses have a median rent of $600 while Units have a median rent of $345.
There are currently 29 properties listed for sale, and 16 properties listed for rent in Port kennedy on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Port kennedy.

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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.