171 Parkin St, Rockingham is a 6 bedroom, 6 bathroom BlockOfUnits. The property has a land size of 996m2 and floor size of 996m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 6 bedroom BlockOfUnits sold in Rockingham in the last 12 months.
An investment opportunity as good as this rarely comes along this close to the Rockingham Foreshore. Situated in an ideal location, 100m from restaurants, bars, shopping/groceries and the beach, this multi-unit site has everything an investor dreams about.
The 996 sqm site hosts 6 one-bedroom units, with backyard space, laundry room and parking.
Currently managed by Gem Property you can sit and collect, renovate and increase your returns or hold and develop.
This location is to die for and with the recent Foreshore Upgrades, News of the Rockingham Hotel Site sold to big Developers and the recent AUKUS announcement of $8 billion funding for HMAS Stirling and 3000 new jobs, and the rapidly evolving Kwinana Industrial Area that will see 4 Lithium Plants, Waste To Energy Plant, Proposed Hydrogen Plant and the Proposed new Outer Harbour, Rockingham is poised to see growth and investment of a Global Scale making now the time to secure your dream.
Develop or renovate or just leave as is and collect your ROI.
• Development Potential
• Fantastic Gross Rental Return
• Excellent Location
For more information please call Rob McGavin now on 0418 444 747.
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 10,013 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:
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