Sold
8-12 Thorpe Street, Rockingham WA 6168
Sold price: $1,640,000
Sold: 07 Sep 2023
Sold
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16 Bedrooms
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8 Bathrooms
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Landsize 2,203m2
House
View
Offers Invited / Outstanding Opportunity
Located 500m to the waters edge and rarely do these opportunities come along so close to the ocean on a 2203m2 parcel of land.
8 x 2 bedroom / 1 bathroom units with an annual combined gross rental of $96,500 all on 3 titles.
No individual strata fees and only 1 set of rates.
One owner for the last 55 years now this fantastic location and opportunity could be yours.
Currently managed by Chalk Property you can sit and collect , renovate and increase your returns or hold and develop.
With subdivision potential or an increased dwelling development you still collect a generous ROI while you decide the properties future.
This location is to die for and with the recent Foreshore Upgrades, News of the Rockingham Hotel Site sold to big Developers and the recent AUKUS announcement of $8 billion funding for HMAS Stirling and 3000 new jobs, and the rapidly evolving Kwinana Industrial Area that will see 4 Lithium Plants, Waste To Energy Plant, Proposed Hydrogen Plant and the Proposed new Outer Harbour, Rockingham is poised to see growth and investment of a Global Scale making now the time to secure your dream.
Develop or renovate or just leave as is and collect your ROI.
• Development Potential
• Fantastic Gross Rental Return
* Excellent Location
For more information please call Rob McGavin now.
Property snapshot by reiwa.com
This property at 8-12 Thorpe Street, Rockingham is a sixteen bedroom, eight bathroom house sold by Rob McGavin at Chalk Property on 07 Sep 2023.
Looking to buy a similar property in the area? View other sixteen bedroom properties for sale in Rockingham or see other recently sold properties in Rockingham.
Nearby schools
Rockingham overview
A life by the seaside is a drawcard for residents of Rockingham. Boasting some of the most beautiful beaches in the state, Rockingham straddles the balance of an urban and suburban lifestyle to great effect. It has a 27 square kilometre land area and is located 40 kilometres from Perth.
Life in Rockingham
With the beach at its doorstop and a range of amenities, recreational facilities and entertaining options to enjoy, life in Rockingham offers plenty. The Rockingham Foreshore is a much loved area, with parks, jetties and numerous eateries and pubs, of which all enjoy ocean views. Star of the Sea Primary School, Bungaree Primary School and Rockingham Senior High School are the local schools.
Rockingham quick stats
High end
$700k
Median
$605k
Low end
$520k
24.6 %
Annual growth
$605k
Annual median sales price
$550pw
Annual median rental price
