OFF MARKET

54/1 Padbury Circle
Sorrento WA 6020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 29m2
Land area: 49m2
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Property Details for 54/1 Padbury Cir, Sorrento

54/1 Padbury Cir, Sorrento is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 49m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in June 2013.

Building Type
Unit
Year Built
1999
Floor Size
29m2
Land Size
49m2
Local Government
Joondalup
Lot/Plan
54/S018449

Last Listing description (July 2013)

CASH BUYERS - SUPER FUND BARGAIN
URGENT SALE TAKE ADVANTAGE OF THIS OPPORTUNITY TO BOOST UP YOUR SUPER FUND IN THIS INCREDIBLE INVESTMENT OPPORTUNITY. BENEFIT FROM THE SHORTAGE OF SHORT TERM ACCOMODATION ALONGSIDE ONE OF WESTERN AUSTRALIA BIGGEST TOURIST ATTRACTIONS - HILLARYS BOAST HARBOUR. OVERSEAS INVESTORS WELCOME. YIELD IS WHAT PROFESSIONAL INVESTORS CHASE IN ANY INVESTMENT. THIS 1 BEDROOM, 1 BATHROOM HOLIDAY APARTMENT IS IN THE SUPERBLY LOCATED SORRENTO BEACH RESORT, ONLY STEPS FROM THE ICONIC SORRENTO BEACH AND CLOSE TO THE TOURIST ATTRACTION TOP SPOT HILLARYS BOAT HARBOUR WITH ITS MANY CAFES AND RESTAURANTS. HIGH OCCUPANCY RATES DUE PARTLY TO A SHORTAGE OF SHORT TERM ACCOMMODATION IN THE AREA HAVE SEEN OWNERS RETURNS INCREASE REGULARLY. AN IDEAL INVESTMENT FOR SUPER FUNDS AND PROPERTY PORTFOLIOS. ALL OWNERS SHARE IN THE RENTAL POOL WITH DISTRIBUTIONS MADE MONTHLY REGARDLESS OF INDIVIDUAL APARTMENT OCCUPANCY. THE RESORT IS MANAGED BY A VERY EXPERIENCED TEAM WITH A LONG LEASE IN PLACE, GUARANTEEING PEACE OF MIND FOR THE MAJORITY OF OWNERS WHO HAVE THEIR PROPERTIES MANAGED BY THE RESORT. FREE PARKING, ONSITE RESTAURANT, FREE FOXTEL AND MOVIES, FREE WI-FI SECURE WIRELESS BROADBAND INTERNET, HEATED OUTDOOR POOL AND SPA, SAUNA AND BBQ AREA ARE JUST SOME OF THE FACILITIES FOR GUESTS TO EXPERIENCE. AQWA (THE AQUARIUM OF WA) AND ROTTNEST ISLAND FERRY ARE AT HILLARYS BOAT HARBOUR WITH WORLD CLASS JOONDALUP GOLF COURSES, MAJOR SHOPPING CENTRES, CINEMAS, ARENA JOONDALUP AND CHALLENGE STADIUM SPORTING FACILITIES, ALL NEARBY. THE RESORT ALSO OFFERS BOARDROOM AND MEETING ROOMS FOR CONFERENCES IN PERTH, REVERSE CYCLE AIR-CONDITIONING AND A GUEST LAUNDRY. GROSS INCOME = $17681 LEVIES = $2566 WATER RATES = $877 SHIRE RATES = $822 TOTAL EXPENSES = $4266 NET INCOME = $13,414

Property History for 54/1 Padbury Cir, Sorrento, WA 6020

A timeline of how this property has performed in the market
Last Sold
$180,000
24 Jun 2013
  • 24 Jun 2013
    Sold for $180,000
  • 08 Oct 2012
    Listed for Sale $188000
  • 07 Dec 2007
    Sold for $177,500
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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 3,456 properties.

    There are currently 19 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to CoreLogic's data, 132 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.