SOLD
Sold on 03 Sep 2024 for $1,500,000

211 Sixth Street
Wonthella WA 6530

Bedrooms: 10
Bathrooms: 10
Car spaces: -
Land area: 2023m2
Sold By
Geraldton Property Team
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Property Details for 211 Sixth St, Wonthella

211 Sixth St, Wonthella is a 10 bedroom, 10 bathroom Unit. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 10 bedroom Unit sold in Wonthella in the last 12 months.

Building Type
Unit
Land Size
2023m2
Local Government
Greater Geraldton
Lot/Plan
1/D047435

Last Listing description (November 2024)

This is a rare opportunity to own 10 fully renovated 1-bedroom units, all on a single title with no strata fees. Each unit has been recently upgraded with brand new kitchens, bathrooms, and flooring, offering modern comfort and style. Located in a prime area, these units are just a short distance from sporting facilities, supermarkets, Geraldton Aquarena, and the town center. Key Features:- 10 x 1-bedroom units, all at ground level for easy access.- Recently renovated with new kitchens, bathrooms, flooring, plumbing and electrical. renovation expense report can be provided for depreciation purposes. - Low-maintenance properties with a strong income potential.- Current gross return of over 8%. with full tenancy generating $135,200 in Gross rent per annum- Opportunity to further increase return by installing air conditioners and/or creating private backyards.- The roof of one building has just been replaced.- Parking is available in front of every units- Council rates $18,600 approx PA and Water rates $3,600 approx PA These units are perfect for investors seeking a high-return property or for a company looking to accommodate employees. Don't miss out on this ideal investment opportunity. ContactCall exclusive agent Jim Quinn now at 0412 991 442 for more information.*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should do their own due diligence.

Property History for 211 Sixth St, Wonthella, WA 6530

A timeline of how this property has performed in the market
Last Sold
$1,500,000
03 Sep 2024
Listed for Rent
$250/w
07 Dec 2023
  • 03 Sep 2024
    Sold for $1,500,000
  • 09 Aug 2024
    Listed for Sale Offers from $1,650,000
  • 11 Jun 2024
    Listed for Rent $260 / week
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About Wonthella 6530

The size of Wonthella is approximately 3.7 square kilometres. It has 4 parks covering nearly 25% of total area. The population of Wonthella in 2011 was 1,714 people. By 2016 the population was 1,606 showing a population decline of 6.3% in the area during that time. The predominant age group in Wonthella is 50-59 years. Households in Wonthella are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wonthella work in a trades occupation. In 2011, 57.8% of the homes in Wonthella were owner-occupied compared with 58.2% in 2016.

Wonthella has 1,117 properties. Over the last 5 years, Houses in Wonthella have seen a 115.74% increase in median value, while Units have seen a 85.55% increase. As at 30 November 2024:

  • The median value for Houses in Wonthella is $391,658 while the median value for Units is $296,276.
  • Houses have a median rent of $450 while Units have a median rent of $320.
There are currently 3 properties listed for sale, and no properties listed for rent in Wonthella on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Wonthella.

Suburb Insights for Wonthella 6530

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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.