SOLD
Sold on 27 Oct 2023 for $750,000

122A Spencer Street
South Bunbury WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6113m2
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Property Details for 122a Spencer St, South Bunbury

Building Type
Commercial
Land Size
6113m2
Local Government
Bunbury
Lot/Plan
101/P040549

Last Listing description (September 2024)

Commercial Realty and MLV Real Estate as exclusive leasing agents are pleased to present to market 122A Spencer Street, South Bunbury.

Construction has now commenced, Expected completion June/July 25.

Located approximately 2.3km south of the Bunbury CBD and two (2) hours from the Perth CBD and two (2) hours from the Perth CBD, this rare offering presents a genuine opportunity to lease a quality medical and/or office premises in a fringe CBD location.

Perth Radiological Clinic have secured 1,000sqm of the 2,230sqm development. 200sqm and up to 1,230sqm is still available.

The property being offered will comprise a single-level commercial building with medical and office accommodation providing a functional layout to suit a variety of uses. The space comprises open plan areas inclusive with kitchens, male & female ablutions, shower and storage area. The remaining 1,230 sqm can be leased as one, or individual units of 200 sqm or above. The space presents to an excellent standard with recessed ceilings with LED lights and ducted reverse cycle air-conditioning throughout.

Information Memorandum available. Contact Mike Jenkins or Dave Lamb to discuss.

Please note, whilst all care and attention are taken, all representations and references are approximate only. Any boundaries shown are provided as a guideline only. Interested parties should carry out their own due diligence, including a visual inspection, before entering into any offer/contract. Images provided are indicative only.

Property History for 122a Spencer St, South Bunbury, WA 6230

A timeline of how this property has performed in the market
Last Sold
$750,000
27 Oct 2023
Listed for Rent
$4.54k/w
26 Jun 2024
  • 23 Mar 2024
    Listed for Rent $236,774 / year
  • 27 Oct 2023
    Sold for $750,000
  • 15 Jun 2018
    Sold for $1,595,000

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About South Bunbury 6230

The size of South Bunbury is approximately 6.5 square kilometres. It has 15 parks covering nearly 20.7% of total area. The population of South Bunbury in 2011 was 8,173 people. By 2016 the population was 8,418 showing a population growth of 3.0% in the area during that time. The predominant age group in South Bunbury is 50-59 years. Households in South Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Bunbury work in a professional occupation. In 2011, 63.3% of the homes in South Bunbury were owner-occupied compared with 63.9% in 2016.

South Bunbury has 4,932 properties. Over the last 5 years, Houses in South Bunbury have seen a 67.42% increase in median value, while Units have seen a 106.04% increase. As at 30 September 2024:

  • The median value for Houses in South Bunbury is $653,675 while the median value for Units is $503,877.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 55 properties listed for sale, and 8 properties listed for rent in South bunbury on OnTheHouse. According to CoreLogic's data, 280 properties were sold in the past 12 months in South bunbury.

Suburb Insights for South Bunbury 6230

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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.