27 Oroya StreetSouth Boulder WA 6432
Property Details for 27 Oroya St, South Boulder
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
- 23 Jul 2024Sold for $831,000
- 13 Mar 2024Listed for Sale $870,000 (Going Concern)
- 13 Mar 2024Listed 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 98.47% increase in median value, while Units have seen a 158.39% increase. As at 31 October 2024:
- The median value for Houses in South Boulder is $285,409 while the median value for Units is $263,465.
- Houses have a median rent of $480.
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