4/16 Sutton StreetMandurah WA 6210
Property Details for 4/16 Sutton St, Mandurah
Last Listing description (April 2026)
This 52m2 strata unit is sited on the edge of the central town district in a group of approx. 16 Shop/Office tenancies is a rare little investment opportunity.
Each unit has its own kitchen tea prep area but the toilets are shared in the complex.
There is a reasonably fresh 3 year lease which commenced 1st September 2024 with a 2 year option has just been drafted for this longstanding tenant of approx 20 years.
It is a gross lease where the owner gets a higher rent but pays the outgoings, and the tenant just pays the consumables.
The gross rent is $22,239pa
Current Approx Expenses are:
Council rates are $1945 pa
Water $1050 ($175/2months)
Strata $4246pa ($1061.55/qtr) this includes the building insurance
ie approx net return based on the asking price after expenses is $15,000 ie approx 6%pa net return
The rent reviews are annual CPI increases except a market review if the option is exercised
We recommend you do not hesitate with your decision to buy as affordable investments like this are hard to find especially ones with a quality tenant that assures you are paid every week. The owner is not registered for GST, so there is no GST payable.
Contact Peter Vetten, your commercial property specialist with Local Knowledge and National Strength. DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
Property History for 4/16 Sutton St, Mandurah, WA 6210
- 01 Apr 2026Sold for $250,000
- 26 Mar 2026Listed for Sale $250,000
- 10 Dec 2024Sold for $205,000
Recent sales nearby
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0About Mandurah 6210
The size of Mandurah is approximately 7.5 square kilometres. There are 33 parks, covering nearly 11.2% of the total area. The population of Mandurah in 2016 was 7837 people. By 2021 the population was 8804 showing a population growth of 12.3% in the area during that time. The predominant age group in Mandurah is 60-69 years. Households in Mandurah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mandurah work in a trades occupation.In 2021, 43.40% of the homes in Mandurah were owner-occupied compared with 43.00% in 2016.
Mandurah has 7,783 properties. Over the last 5 years, Houses in Mandurah have seen a 148.10% increase in median value, while Units have seen a 145.41% increase. As at 30 April 2026:
- The median value for Houses in Mandurah is $732,554 while the median value for Units is $684,254.
- Houses have a median rent of $550 while Units have a median rent of $540.
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