4/218 Rockingham RoadSpearwood WA 6163
Property Details for 4/218 Rockingham Rd, Spearwood
Last Listing description (February 2024)
RETURN ON LEASED INVESTMENT 7.6% !!!
NAI Harcourts Metro is proud to offer for sale this unique sort after leased investment. They can be hard to find, but here now, for you to make it yours.
With a long established and well presented restaurant tenant, with a quality operation.
A solid building with minimum maintenance and easy carefree property to add to your investment portfolio.
Surrounded by key franchise operations such as Hungry Jacks, Dominos Pizza & Subway, with good parking facilities in this well established but growing south of the river location.
THIS PROPERTY WILL NOT LAST LONG BEFORE ITS SOLD !!!
Call Sam Fazio on 0412 440 139 for further information today
Property History for 4/218 Rockingham Rd, Spearwood, WA 6163
- 12 Feb 2024Sold for $1,300,000
- 12 Dec 2022Listed for Sale Offers from $1,300,000
- 20 Oct 2015Listed for Sale Contact Agent
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About Spearwood 6163
The size of Spearwood is approximately 6.1 square kilometres. It has 28 parks covering nearly 26.3% of total area. The population of Spearwood in 2011 was 9,097 people. By 2016 the population was 10,037 showing a population growth of 10.3% in the area during that time. The predominant age group in Spearwood is 40-49 years. Households in Spearwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spearwood work in a trades occupation. In 2011, 68.6% of the homes in Spearwood were owner-occupied compared with 66.8% in 2016.
Spearwood has 6,073 properties. Over the last 5 years, Houses in Spearwood have seen a 104.03% increase in median value, while Units have seen a 91.96% increase. As at 31 October 2024:
- The median value for Houses in Spearwood is $882,531 while the median value for Units is $477,179.
- Houses have a median rent of $650 while Units have a median rent of $575.
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