OFF MARKET

33 Fenton Place
Wongan Hills WA 6603

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 524m2
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Property Details for 33 Fenton Pl, Wongan Hills

Building Type
Commercial
Year Built
1963
Floor Size
120m2
Land Size
524m2
Local Government
Wongan-Ballidu
Lot/Plan
1/D022308

Last Listing description (May 2019)

- Current income $26,465.76 pa
- Leased until July 2019 plus options
- Corner location

- Purpose built bank, refurbished by Westpac in 2011
Wongan Hills is a farming town located in the wheatbelt region of Western Australia approximately 182 kilometres north of the Perth CBD. The area is a prosperous agricultural region with activities focused on sheep, grain and pig farming and has an approximate population of 745 people.
Lease Details
Lessee Westpac Banking Corporation
Expiry 12 July 2019
Total Current Income $26,465.76 pa
Options 5 years plus 5 years
Rent Reviews Annual 3% Market on options
Improvements
Single level 120sqm* GBA banking premises comprising street frontage ATM, front teller area, offices, staff kitchen, male and female toilets. A large area at the rear of the property can be used for parking.
Legal Description
Lot 1 on Diagram 22308 Certificate of Title Volume 1601 Folio 839.
Zoning
The Shire of Wongan-Ballidu advises that the property is zoned 'CommercialnLand Details
Frontage to Harvest Terrace 48.93 metres*
Frontage to Fenton Place 6.16 metres*
Truncation 5.52 metres*
Total Land Area 524sqm*
Asking Price
$375,000 (GST Going Concern)
Goods and Services Tax
The sellers are registered for GST and the property will be sold as a 'Going Concern'.
For further details please contact the Selling Agent.
*Approx

Property History for 33 Fenton Pl, Wongan Hills, WA 6603

A timeline of how this property has performed in the market
Last Sold
$200,000
31 Oct 2023
  • 31 Oct 2023
    Sold for $200,000
  • 13 Oct 2015
    Listed for Sale $375,000 (Going Concern)
  • 18 Dec 2013
    Sold for $330,000
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About Wongan Hills 6603

The size of Wongan Hills is approximately 236.2 square kilometres. It has 10 parks covering nearly 13.6% of total area. The population of Wongan Hills in 2011 was 1,127 people. By 2016 the population was 882 showing a population decline of 21.7% in the area during that time. The predominant age group in Wongan Hills is 0-9 years. Households in Wongan Hills are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wongan Hills work in a trades occupation. In 2011, 61.6% of the homes in Wongan Hills were owner-occupied compared with 60.6% in 2016.

Wongan Hills has 831 properties. Over the last 5 years, Houses in Wongan Hills have seen a 82.75% increase in median value, while Units have seen a 15.01% increase. As at 30 November 2024:

  • The median value for Houses in Wongan Hills is $207,066 while the median value for Units is $209,157.
  • Houses have a median rent of $280.
There are currently 8 properties listed for sale, and no properties listed for rent in Wongan hills on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Wongan hills.

Suburb Insights for Wongan Hills 6603

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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.