75/1 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 30m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Short-stay accommodation, with long-term financial benefits, this smart-looking and pristine one-bedroom, one-bathroom studio apartment is an astute addition to your property portfolio.
Located metres from golden Sorrento Beach and doubling as the ideal private holiday home, the apartment operates on a shared-profit basis allowing for short-term accommodation, with the owner having some access at certain times of the year.
Financials and further information can be provided upon request.
Part of the Quality Resort Sorrento Beach complex, including the pleasure and convenience of a swimming pool, with spa and sauna facilities, your dwelling is expertly managed with an on-site reception and secure, well-maintained surrounds.
For more details on the resort visit www.sorrentobeach.com.au
Property features include:
Open-plan living/dining/kitchen area
Balcony off bedroom
Newly renovated bathroom
New carpet throughout
Split-system air-conditioning
Single car bay
Location benefits include:
Minutes from Hillarys Boat Harbour (retail, bars and restaurants)
Access to Rottnest via Hillarys Boat Harbour ferry service
Access to West Coast Drive cafes and walk/bike paths
Minutes from northern beaches, including Sorrento, North Beach and Trigg
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 3,457 properties. Over the last 5 years, Houses in Sorrento have seen a 90.11% increase in median value, while Units have seen a 33.86% increase. As at 31 October 2024:
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