16 Light St, Shoalwater is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 910m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Very hard to find! 910m2 block that is subdividable (subject to council approval) with the ability to put two homes on it. There is an existing retro 70's home with original features on the block that is generating $320 pw in rental. The lease is up in August 2022 but the tenant would like to stay on. There are so many options here:-
1) Subdivide and develop now
2) Landbank and build in a few years
This is an outstanding opportunity for the future whether you build now or bide your time - but remember having this in your portfolio is better than seeing it in someone else's.
Features Include:-
- 20.8m of street frontage
- Existing 2 bedroom residence (rented out at $320pw)
- Existing lease in place till August 2022 (but the tenant wants to stay on)
- home features pot belly fireplace and air conditioning
Location:-
- 250m to Lake Richmond (Google Maps)
- 1km to the beach (Google Maps)
- 2.5km to Rockingham Centre (Google Maps)
- 2.6km to Point Peron (Google Maps)
Call Shaun Groves on 0414 461 976.
*The description provided is for general information purposes only. Professionals Rockingham believes that this information is correct, but it does not warrant or guarantee the accuracy of the information. Some photos may have been enhanced for your viewing pleasure. This property may differ from the photos upon inspection. Buyers are advised to undertake independent due diligence and make their own enquiries regarding the property, as no responsibility can be accepted by Professionals Rockingham for any information that may be deemed incorrect.
The size of Shoalwater is approximately 2.5 square kilometres. There are 14 parks, covering nearly 19.0% of the total area. The population of Shoalwater in 2016 was 4100 people. By 2021 the population was 4368 showing a population growth of 6.5% in the area during that time. The predominant age group in Shoalwater is 60-69 years. Households in Shoalwater are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shoalwater work in a professional occupation.In 2021, 64.60% of the homes in Shoalwater were owner-occupied compared with 60.70% in 2016.
Shoalwater has 2,614 properties. Over the last 5 years, Houses in Shoalwater have seen a 115.84% increase in median value, while Units have seen a 162.59% increase. As at 30 June 2026:
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