26 Stubbs StreetLake Grace WA 6353
Property Details for 26 Stubbs St, Lake Grace
Last Listing description (September 2023)
Elders has listed an outstanding investment opportunity in the strong rural community of Lake Grace.
26 Stubbs Street is centrally located on a 1,060m2* block in the main street of Lake Grace. The property presents in good condition and has recently had significant renovations completed. A new ablution block has also been constructed.
The property is tenanted and operated as a cafe/bakery. The current lease has a good length of time left to run.
Please phone or email for a confidentiality agreement to receive the business Information Memorandum.
Patrick Williams
Licenced Real Estate Agent
Specialist Business Broker and Commercial Sales
0407 990 886
patrick.williams@elders.com.au
Amanda Milton
Real Estate Sales Representative
Elders Lake Grace
0429 654 011
amanda.milton@elders.com.au
Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterisk) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision
Property History for 26 Stubbs St, Lake Grace, WA 6353
- 19 Jul 2022Listed for Sale $250,000
- 18 Jul 2016Sold for $60,000
- 26 Oct 2005Sold for $131,000
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0About Lake Grace 6353
The size of Lake Grace is approximately 96.2 square kilometres. There are 5 parks, covering nearly 1.1% of the total area. The population of Lake Grace in 2016 was 548 people. By 2021 the population was 523 showing a population decline of 4.6% in the area during that time. The predominant age group in Lake Grace is 0-9 years. Households in Lake Grace are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Grace work in a managers occupation.In 2021, 63.20% of the homes in Lake Grace were owner-occupied compared with 61.10% in 2016.
Lake Grace has 468 properties. Over the last 5 years, Houses in Lake Grace have seen a 170.69% increase in median value, while Units have seen a 9.88% increase. As at 30 June 2026:
- The median value for Houses in Lake Grace is $325,555 while the median value for Units is $255,731.
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