SOLD
Sold on 20 Dec 2023 for $14,700,000

1/18 Civic Boulevard
Rockingham WA 6168

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 110m2
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Property Details for 1/18 Civic Bvd, Rockingham

1/18 Civic Bvd, Rockingham is a bedroom, bathroom Unit and was built in 2009. The property has a land size of 110m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other bedroom Unit sold in Rockingham in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
110m2
Land Size
110m2
Local Government
Rockingham
Lot/Plan
1/S066688

Last Listing description (March 2017)

A RARE LANDMARK OPPORTUNITY HAS BECOME AVAILABLE FOR SALE WITH 4 SEPARATE TENANCIES WITH SOME OF THE STRONGEST LEASES AVAILABLE IN AUSTRALIA. SITUATED IN THE CENTRE OF THE RAPIDLY EXPANDING CITY OF ROCKINGHAM THIS MODERN TWO STOREY PREMISES FEATURES PREMIUM TENANTS FROM THE AUSTRALIAN FEDERAL GOVERNMENT WITH CENTRELINK, THE MINISTRY OF TREASURY AND FINANCE AS WELL AS THE DEPARTMENT OF CHILD PROTECTION. OTHER STRONG TENANTS ARE A LARGE MEDICAL PRACTICE INCLUDING A PHARMACY AND DENTIST AND THE WHOLE COMPLEX IS CONVENIENTLY SERVICED BY A POPULAR IN-HOUSE CAFE/RESTAURANT. THE PROPERTY IS SITUATED ON 2,908SQM OF LAND AND THE TWO STOREY STRUCTURE COVERS 3,765SQM. THE PROPERTY IS 6 YEARS YOUNG AND OFFERS EXCEPTIONAL DEPRECIATION ALLOWANCES. THIS IS AN EXCEPTION OPPORTUNITY FOR LARGE INVESTORS CURRENTLY RENTING A NET INCOME OF APPROXIMATELY $1,230,000 P/A PLUS ANNUAL INCREASES RANGING FROM 3% TO 3.5% P/A.CALL NOW TO DISCUSS THIS OPPORTUNITY FURTHER.FEATURES INCLUDE: AIR CONDITIONING, ALARM SYSTEM

Property History for 1/18 Civic Bvd, Rockingham, WA 6168

A timeline of how this property has performed in the market
Last Sold
$14,700,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $14,700,000
  • 26 May 2017
    Sold for $15,000,000
  • 22 Mar 2017
    Listed for Sale $16,000,000
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About Rockingham 6168

The size of Rockingham is approximately 12.9 square kilometres. It has 46 parks covering nearly 24% of total area. The population of Rockingham in 2011 was 14,159 people. By 2016 the population was 14,430 showing a population growth of 1.9% in the area during that time. The predominant age group in Rockingham is 50-59 years. Households in Rockingham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rockingham work in a trades occupation. In 2011, 59.1% of the homes in Rockingham were owner-occupied compared with 59.9% in 2016.

Rockingham has 10,014 properties. Over the last 5 years, Houses in Rockingham have seen a 107.81% increase in median value, while Units have seen a 102.91% increase. As at 31 October 2024:

  • The median value for Houses in Rockingham is $700,993 while the median value for Units is $486,218.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 74 properties listed for sale, and 42 properties listed for rent in Rockingham on OnTheHouse. According to CoreLogic's data, 670 properties were sold in the past 12 months in Rockingham.

Suburb Insights for Rockingham 6168

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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.