29 Rankin StreetKondinin WA 6367
Property Details for 29 Rankin St, Kondinin
Last Listing description (May 2019)
ACQUIRE A ROCK SOLID COMMERCIAL PROPERTY WITH AN INITIAL RETURN OF 11.42% FOR YOUR SUPERFUND
FOR YOURSELF OR A RELATIVE ACQUIRE AS THE TENANT A 30 YEAR ESTABLISHED RURAL HARDWARE, CHEMICAL, AGRICULTURAL SUPPLIES COMPANY WITH AVERAGE NET ADJUSTED PROFIT AFTER RENT RETURNING $330,000 P.A.
THIS IS A SOUND, RELIABLE SAFE INVESTMENT WHERE YOUR SUPER FUND ACCUMULATES ABOVE AVERAGE INCREASING RETURNS
YOU HAVE CONTROL OVER THE PAYMENT OF RENT BY OWNING THE BUSINESS OR HAVING A RELATIVE OWN THE BUSINESS
THE BUSINESS RETURN ON YOUR INITIAL OUTLAY IS 55%!
1) BUSINESS
Average Sales Last 3 Years $2,644,000
Average Net Adjusted Profit 3 Years $330,000
Click 'Virtual Tour 1' to view the Business Profile
Contact Phil Mulcahy 0418 689423
Property History for 29 Rankin St, Kondinin, WA 6367
- 06 Oct 2023Sold for $107,000
- 16 Mar 2018Listed for Sale Freehold $225,000 Business $40,000 PSAV $560,000
- 19 Apr 2016Sold for $55,000
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About Kondinin 6367
The size of Kondinin is approximately 1165.8 square kilometres. There are 13 parks, covering nearly 8.2% of the total area. The population of Kondinin in 2016 was 354 people. By 2021 the population was 332 showing a population decline of 6.2% in the area during that time. The predominant age group in Kondinin is 60-69 years. Households in Kondinin are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Kondinin work in a managers occupation.In 2021, 66.50% of the homes in Kondinin were owner-occupied compared with 63.00% in 2016.
Kondinin has 587 properties. Over the last 5 years, Houses in Kondinin have seen a 98.84% increase in median value, while Units have seen a 2.13% increase. As at 31 July 2026:
- The median value for Houses in Kondinin is $156,858 while the median value for Units is $161,943.
Suburb Insights for Kondinin 6367
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