SOLD
Sold on 05 Sep 2024 for $1,787,500

2/116 Spencer Street
South Bunbury WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 187m2
Land area: 239m2
Sold By
Commercial Realty
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Property Details for 2/116 Spencer St, South Bunbury

Building Type
Commercial
Year Built
1991
Floor Size
187m2
Land Size
239m2
Local Government
Bunbury
Lot/Plan
2/S020682

Last Listing description (October 2024)

- Units 1 and 2, 116 Spencer Street comprising a total showroom / warehouse space of 569 sqm.- Adjacent to the Plaza Shopping Centre, which includes Woolworths, Buckingham Butchers, Terry White Chemist plus a number of boutique stores.- Individual units and can be split or, used as is as one larger showroom/warehouse.- Location, exposure, and signage second to none.- Opportunity to acquire premises on sought after Spencer Street- Zoned Mixed Use - Commercial.Contact Mike Jenkins to inspect.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

Property History for 2/116 Spencer St, South Bunbury, WA 6230

A timeline of how this property has performed in the market
Last Sold
$1,787,500
05 Sep 2024
Listed for Rent
$2.53k/w
11 Oct 2024
  • 05 Sep 2024
    Sold for $1,787,500
  • 20 Mar 2024
    Listed for Rent $131,999 / year
  • 03 Feb 2024
    Listed for Sale Contact Agent
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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.