28 Seacrest DriveSorrento WA 6020
Property Details for 28 Seacrest Dr, Sorrento
Last Listing description (September 2017)
BLUE CHIP COMMERCIAL LEASED INVESTMENT - SEACREST MEDICAL CENTRE
Auction Onsite Saturday 22nd of July, 2017 @ 2pm
The Seacrest Medical Centre is the blue chip, commercial leased investment, all investors and superannuation funds have been waiting for. This exceptional investment, with three long term tenancies in place, will be most sought after. Here presents a once in a lifetime opportunity, not to be missed!
Position - The site is positioned on the corner of Seacrest Drive, Sandpiper Street and Cape Court, in Sorrento.
Site - 2,800m2 (approx) total land area
Improvements - 544m2 (approx) of part single storey, part double storey building
Local Authority/Zoning - Zoned Residential Additional Use Medical Centre under the City of Joondalup Planning Scheme No.2 Residential Additional Use Medical Centre (A5) and Metropolitan Region Scheme Urban
Tenancies - Seacrest Medical Centre, Friendlies Pharmacy, and Western Diagnostic Pathology
Nett Return - The three tenancies bring in a combined nett rental return of $306,195 per annum
Auction Terms
5% deposit of purchase price,
Settlement 20th September, 2017,
GST Implications - the property will be sold as a Going Concern
Auctioneer - Rod Ryan
For further information regarding this outstanding investment please contact the agent to request an Information Memorandum.
*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgment about the information included in this document. De Freitas & Ryan Perth provide this document without any express or implied warranty as to its accuracy or currency. Any reliance placed upon this document is at the client s own risk. De Freitas & Ryan Perth accept no responsibility for the results of any actions taken, or reliance placed upon this document by a client.
Property History for 28 Seacrest Dr, Sorrento, WA 6020
- 22 Jul 2017Sold for $4,600,000
- 17 Jun 2017Listed for Sale AUCTION
- 06 Jan 1998Sold for $1,750,000
Recent sales nearby
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About Sorrento 6020
The size of Sorrento is approximately 3.6 square kilometres. There are 11 parks, covering nearly 14.3% of the total area. The population of Sorrento in 2016 was 7338 people. By 2021 the population was 7795 showing a population growth of 6.2% in the area during that time. The predominant age group in Sorrento is 60-69 years. Households in Sorrento are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sorrento work in a professional occupation.In 2021, 86.30% of the homes in Sorrento were owner-occupied compared with 84.80% in 2016.
Sorrento has 3,465 properties. Over the last 5 years, Houses in Sorrento have seen a 92.66% increase in median value, while Units have seen a 102.73% increase. As at 31 August 2026:
- The median value for Houses in Sorrento is $2,092,360 while the median value for Units is $775,046.
- Houses have a median rent of $1,200 while Units have a median rent of $675.
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