SOLD
Sold on 27 May 2024 for $435,000

1/126 South Yunderup Road
South Yunderup WA 6208

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 119m2
Land area: 244m2
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Property Details for 1/126 South Yunderup Rd, South Yunderup

Building Type
Commercial
Year Built
1989
Floor Size
119m2
Land Size
244m2
Local Government
Murray
Lot/Plan
1/S018378

Last Listing description (July 2024)

A Great Opportunity to purchase a unique Waterfront property complete with excellent tenant in place. This waterfront property is centrally located in the fast-growing suburb of South Yunderup. Please view the images to appreciate the unique location enabling clients to arrive by car or by boat.

* Total square metreage of 244sm (comprising 116sm internal dining/kitchen, 98sm undercover outdoor dining, and 27sm storage area & rear lane entry)
* Includes inventory/chattels (Note: a small number of items are owned by the tenant - list provided on request)

* Intelligent kitchen fitout with quality appliances (many of them recently serviced)
* Adjacent side lane with access for staff & deliveries
* Large coolroom
* Air Conditioned & recently partially repainted & new flooring to storage area
* Annual Gross Rental of $44,100. ($3,675.00 per month GST inclusive (and includes stated outgoings as below)
- Council Rates $3,950pa
- Water Rates $900pa
- Strata Levies $2,965pa which includes water consumption.
* Currently Leased to December 2024 with a further three (3) x 12 month extension options to December 2027
* Annual rent increase of 5%
Contact Craig Balme to arrange a viewing

Property History for 1/126 South Yunderup Rd, South Yunderup, WA 6208

A timeline of how this property has performed in the market
Last Sold
$435,000
27 May 2024
Listed for Rent
$8.00k/w
12 Jan 2022
  • 27 May 2024
    Sold for $435,000
  • 13 May 2024
    Listed for Sale UNDER OFFER - $450,000
  • 03 Sep 2021
    Listed for Rent - Price not available
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About South Yunderup 6208

The size of South Yunderup is approximately 74 square kilometres. It has 30 parks covering nearly 5% of total area. The population of South Yunderup in 2011 was 2,235 people. By 2016 the population was 3,136 showing a population growth of 40.3% in the area during that time. The predominant age group in South Yunderup is 60-69 years. Households in South Yunderup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yunderup work in a trades occupation. In 2011, 77.5% of the homes in South Yunderup were owner-occupied compared with 73.6% in 2016.

South Yunderup has 2,878 properties. Over the last 5 years, Houses in South Yunderup have seen a 67.83% increase in median value, while Units have seen a 25.84% increase. As at 31 July 2024:

  • The median value for Houses in South Yunderup is $720,219 while the median value for Units is $310,704.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 23 properties listed for sale, and 4 properties listed for rent in South yunderup on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in South yunderup.

Suburb Insights for South Yunderup 6208

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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.