OFF MARKET

16 Light Street
Shoalwater WA 6169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 135m2
Land area: 910m2
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Last updated 11 Nov 2024
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Property Details for 16 Light St, Shoalwater

16 Light St, Shoalwater is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 910m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1970
Floor Size
135m2
Land Size
910m2
Local Government
Rockingham
Lot/Plan
145/P008161

Last Listing description (January 2024)

Very hard to find! 910m2 block that is subdividable (subject to council approval) with the ability to put two homes on it. There is an existing retro 70's home with original features on the block that is generating $320 pw in rental. The lease is up in August 2022 but the tenant would like to stay on. There are so many options here:-

1) Subdivide and develop now
2) Landbank and build in a few years

3) Battle-axe option
4) Build your dream home on huge block

This is an outstanding opportunity for the future whether you build now or bide your time - but remember having this in your portfolio is better than seeing it in someone else's.

Features Include:-
- 20.8m of street frontage
- Existing 2 bedroom residence (rented out at $320pw)
- Existing lease in place till August 2022 (but the tenant wants to stay on)
- home features pot belly fireplace and air conditioning

Location:-
- 250m to Lake Richmond (Google Maps)
- 1km to the beach (Google Maps)
- 2.5km to Rockingham Centre (Google Maps)
- 2.6km to Point Peron (Google Maps)

Call Shaun Groves on 0414 461 976.

*The description provided is for general information purposes only. Professionals Rockingham believes that this information is correct, but it does not warrant or guarantee the accuracy of the information. Some photos may have been enhanced for your viewing pleasure. This property may differ from the photos upon inspection. Buyers are advised to undertake independent due diligence and make their own enquiries regarding the property, as no responsibility can be accepted by Professionals Rockingham for any information that may be deemed incorrect.

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Property History for 16 Light St, Shoalwater, WA 6169

A timeline of how this property has performed in the market
Last Sold
$520,000
07 Feb 2023
Listed for Rent
$320/w
15 Oct 2021
  • 15 Jun 2023
    Listed for Sale Not Disclosed
  • 07 Feb 2023
    Sold for $520,000
  • 06 Jan 2023
    Listed for Sale UNDER OFFER
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About Shoalwater 6169

The size of Shoalwater is approximately 2.5 square kilometres. It has 14 parks covering nearly 19% of total area. The population of Shoalwater in 2011 was 3,846 people. By 2016 the population was 4,103 showing a population growth of 6.7% in the area during that time. The predominant age group in Shoalwater is 50-59 years. Households in Shoalwater are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shoalwater work in a trades occupation. In 2011, 56.9% of the homes in Shoalwater were owner-occupied compared with 60.7% in 2016.

Shoalwater has 2,595 properties. Over the last 5 years, Houses in Shoalwater have seen a 97.18% increase in median value, while Units have seen a 90.78% increase. As at 31 October 2024:

  • The median value for Houses in Shoalwater is $782,245 while the median value for Units is $410,671.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Shoalwater on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Shoalwater.

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