54/1 Padbury Cir, Sorrento is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 49m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
CASH BUYERS - SUPER FUND BARGAIN
URGENT SALE TAKE ADVANTAGE OF THIS OPPORTUNITY TO BOOST UP YOUR SUPER FUND IN THIS INCREDIBLE INVESTMENT OPPORTUNITY. BENEFIT FROM THE SHORTAGE OF SHORT TERM ACCOMODATION ALONGSIDE ONE OF WESTERN AUSTRALIA BIGGEST TOURIST ATTRACTIONS - HILLARYS BOAST HARBOUR. OVERSEAS INVESTORS WELCOME. YIELD IS WHAT PROFESSIONAL INVESTORS CHASE IN ANY INVESTMENT. THIS 1 BEDROOM, 1 BATHROOM HOLIDAY APARTMENT IS IN THE SUPERBLY LOCATED SORRENTO BEACH RESORT, ONLY STEPS FROM THE ICONIC SORRENTO BEACH AND CLOSE TO THE TOURIST ATTRACTION TOP SPOT HILLARYS BOAT HARBOUR WITH ITS MANY CAFES AND RESTAURANTS. HIGH OCCUPANCY RATES DUE PARTLY TO A SHORTAGE OF SHORT TERM ACCOMMODATION IN THE AREA HAVE SEEN OWNERS RETURNS INCREASE REGULARLY. AN IDEAL INVESTMENT FOR SUPER FUNDS AND PROPERTY PORTFOLIOS. ALL OWNERS SHARE IN THE RENTAL POOL WITH DISTRIBUTIONS MADE MONTHLY REGARDLESS OF INDIVIDUAL APARTMENT OCCUPANCY. THE RESORT IS MANAGED BY A VERY EXPERIENCED TEAM WITH A LONG LEASE IN PLACE, GUARANTEEING PEACE OF MIND FOR THE MAJORITY OF OWNERS WHO HAVE THEIR PROPERTIES MANAGED BY THE RESORT. FREE PARKING, ONSITE RESTAURANT, FREE FOXTEL AND MOVIES, FREE WI-FI SECURE WIRELESS BROADBAND INTERNET, HEATED OUTDOOR POOL AND SPA, SAUNA AND BBQ AREA ARE JUST SOME OF THE FACILITIES FOR GUESTS TO EXPERIENCE. AQWA (THE AQUARIUM OF WA) AND ROTTNEST ISLAND FERRY ARE AT HILLARYS BOAT HARBOUR WITH WORLD CLASS JOONDALUP GOLF COURSES, MAJOR SHOPPING CENTRES, CINEMAS, ARENA JOONDALUP AND CHALLENGE STADIUM SPORTING FACILITIES, ALL NEARBY. THE RESORT ALSO OFFERS BOARDROOM AND MEETING ROOMS FOR CONFERENCES IN PERTH, REVERSE CYCLE AIR-CONDITIONING AND A GUEST LAUNDRY. GROSS INCOME = $17681 LEVIES = $2566 WATER RATES = $877 SHIRE RATES = $822 TOTAL EXPENSES = $4266 NET INCOME = $13,414
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 3,466 properties. Over the last 5 years, Houses in Sorrento have seen a 90.02% increase in median value, while Units have seen a 105.70% increase. As at 31 July 2026:
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