75 Spencer Street, Bunbury, WA 6230 | Property Value & History | OnTheHouse
OFF MARKET

75 Spencer Street
Bunbury WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 411m2
Land area: 1014m2
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Property Details for 75 Spencer St, Bunbury

Building Type
Commercial
Year Built
1980
Floor Size
411m2
Land Size
1014m2
Local Government
Bunbury
Lot/Plan
24/P000020

Last Listing description (September 2021)

Elders Commercial Division are pleased to offer this unique property located in the major regional City of Bunbury in the South West of Western Australia.The passing traffic never stops, it is one of the most sought after locations in Bunbury. Opportunities to obtain a near new income producing commercial rental property on one of the major arterial roads into the Bunbury CBD don't come around that often.Purchase with a new long standing lease with long term tenant with an ROI of 6.5%This is a well-constructed commercial tilt panel building with high exposure. There is a bitumen car park for approximately 8 cars to the rear of the property with 2 to 3 at the front.Property details:-Building Area 450m2 approx -Land area 1014m2 approx -Small kitchen-Two toilets -Bitumen parking-Evaporative ducted air-conditioning-Mezzanine Floor-Location, Location, Location!Call Exclusive Agent Geoff Pedley for this premium property to discuss this opportunity in more detail.Disclaimer: - These details are provided for information purposes only and do not form part of any contract and are not to be taken as a representation by the Seller or their Agent.

Property History for 75 Spencer St, Bunbury, WA 6230

A timeline of how this property has performed in the market
Last Sold
$1,028,500
29 Jul 2021
  • 29 Jul 2021
    Sold for $1,028,500
  • 20 Jul 2021
    Listed for Sale $960,000 As a Going Concern
  • 28 Sep 2018
    Sold for $280,000
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About Bunbury 6230

The size of Bunbury is approximately 4.6 square kilometres. It has 18 parks covering nearly 18.9% of total area. The population of Bunbury in 2016 was 3740 people. By 2021 the population was 3948 showing a population growth of 5.6% in the area during that time. The predominant age group in Bunbury is 60-69 years. Households in Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunbury work in a professional occupation.In 2021, 58.30% of the homes in Bunbury were owner-occupied compared with 58.00% in 2016.

Bunbury has 3,240 properties. Over the last 5 years, Houses in Bunbury have seen a 84.65% increase in median value, while Units have seen a 96.55% increase. As at 31 March 2026:

  • The median value for Houses in Bunbury is $891,107 while the median value for Units is $591,712.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 49 properties listed for sale, and 14 properties listed for rent in Bunbury on OnTheHouse. According to Cotality's data, 139 properties were sold in the past 12 months in Bunbury.

Suburb Insights for Bunbury 6230

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.