OFF MARKET

48/1 Padbury Circle
Sorrento WA 6020

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 81m2
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Property Details for 48/1 Padbury Cir, Sorrento

48/1 Padbury Cir, Sorrento is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 81m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Unit
Year Built
1999
Floor Size
61m2
Land Size
81m2
Local Government
Joondalup
Lot/Plan
48/S018449

Last Listing description (February 2022)

Ocean side investment
Showing over a 5% net return approx .

If you're looking for a beachside investment opportunity, this unit is perfect for you! A stone's throw from the beach opposite popular tourist destination Hillarys Boat Harbour, you could become the lucky investor in a one bedroom unit for only $145,000 in the peaceful suburb of Sorrento.

The unit is for short-term stays, which is under management from Quality Resorts, the guests will find onsite reception and a restaurant, and a stunning outdoor recreation area where they can sunbathe under the WA sun or take a dip in the sparkling pool.

A well-trusted holiday resort, Quality Resort Sorrento Beach offers guests free WiFi access and daily hot or continental breakfasts. The units are ideal for renting out to those seeking a romantic retreat or a small family getaway with all the convenience of being less than 25 minutes north of the Perth CBD by car.

Inside, neutral tones offer a peaceful atmosphere to these charming units.the unit is fully furnished, has a single living space with a television, and a Double bedroom with bathroom complete with a luxurious spa bath.The unit houses a self-contained kitchen complete with microwave, oven, and refrigerator.

Just two minutes from the beach and across the road from Hillarys Boat Harbour, there are plenty of nearby places to visit. The guests can take a stroll along the Sorrento Quay Boardwalk, enjoy a leisurely afternoon at the safe swimming beach, explore the AQWA local aquarium, or catch a ferry to check out Rottnest Island. There are activities for all ages and a rich variety of restaurant dining.

You can't go wrong with investing in this partly-renovated one bedroom unit .
If you're interesting in viewing this quality short-term stay unit, book an appointment now!

Other features included:
Fully furnished
Air conditioning to living
Self-contained kitchen
Television
Spa bath
Onsite restaurant
Onsite pool
Free WiFi access

Property History for 48/1 Padbury Cir, Sorrento, WA 6020

A timeline of how this property has performed in the market
Last Sold
$135,000
23 Aug 2018
  • 23 Aug 2018
    Sold for $135,000
  • 25 Nov 2017
    Listed for Sale $145,000
  • 02 Sep 2003
    Sold for $140,000
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About Sorrento 6020

The size of Sorrento is approximately 3.6 square kilometres. It has 11 parks covering nearly 14.3% of total area. The population of Sorrento in 2011 was 7,371 people. By 2016 the population was 7,355 showing a population decline of 0.2% in the area during that time. The predominant age group in Sorrento is 50-59 years. Households in Sorrento are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sorrento work in a professional occupation. In 2011, 83.1% of the homes in Sorrento were owner-occupied compared with 84.8% in 2016.

Sorrento has 3,461 properties.

    There are currently 19 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Sorrento.

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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.