SOLD
Sold on 23 Jul 2024 for $831,000

27 Oroya Street
South Boulder WA 6432

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 104m2
Land area: 2118m2
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Property Details for 27 Oroya St, South Boulder

Building Type
Commercial
Year Built
1992
Floor Size
104m2
Land Size
2118m2
Local Government
Kalgoorlie-Boulder
Lot/Plan
1/P041114

Last Listing description (September 2024)

27 Oroya Street, South Boulder is a fantastic commercial offering, and John Matthew & Sons are pleased to be marketing this property 'For Sale' on behalf of our client. Located one property back from the corner of Oroya Street & Waverley Street, the asset has recently been Leased on a 5 year term due to begin 1/7/24. 27 Oroya Street is offering investor a return of 10% based on the rent of $84,000pa+GST+Outgoings due to commence shortly.A return this strong is very rare in the current market which will see this property in high demand.Property Features:- Zoned 'General Industry' under Local Planning Scheme No 2- 2,118sqm* Lot- 378sqm* Workshop (including two evaporative air conditioners)- 72sqm* Lean-to - 85sqm* Office & AmenitiesAsking Price: $840,000 (Going Concern) 2023/24 Council Rates: $5,871.502023/24 Water Rates: $296.00Contact the exclusive Selling Representatives Daniel Lavery (0411174452 - daniel.lavery@jmsons.com.au) and James Brennan (0434 967 357 - commercial1@jmsons.com.au) to secure this property today. * Measurements are approximate only

Property History for 27 Oroya St, South Boulder, WA 6432

A timeline of how this property has performed in the market
Last Sold
$831,000
23 Jul 2024
Listed for Rent
$1.61k/w
10 May 2024
  • 23 Jul 2024
    Sold for $831,000
  • 13 Mar 2024
    Listed for Sale $870,000 (Going Concern)
  • 13 Mar 2024
    Listed for Rent $84,000 / year
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About South Boulder 6432

The size of South Boulder is approximately 10.4 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of South Boulder in 2011 was 1,463 people. By 2016 the population was 1,366 showing a population decline of 6.6% in the area during that time. The predominant age group in South Boulder is 30-39 years. Households in South Boulder are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Boulder work in a machinery operators and drivers occupation. In 2011, 65.1% of the homes in South Boulder were owner-occupied compared with 63.6% in 2016.

South Boulder has 904 properties. Over the last 5 years, Houses in South Boulder have seen a 96.13% increase in median value, while Units have seen a 118.92% increase. As at 30 November 2024:

  • The median value for Houses in South Boulder is $287,946 while the median value for Units is $243,925.
  • Houses have a median rent of $485.
There are currently 7 properties listed for sale, and no properties listed for rent in South boulder on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in South boulder.

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