1 Island Queen StreetWithers WA 6230
Property Details for 1 Island Queen St, Withers
Last Listing description (December 2021)
South Bunbury Marketplace represents a rare opportunity to acquire an IGA anchored shopping centre in WA's thriving south west.
Investment highlights include:
- New 10 year lease to an experienced IGA operator with 2 x 5 year options
- Recently refurbished
- Convenient onsite parking for 150* vehicles
- 9,557sqm* corner site with four street frontages
- 4km* from the Bunbury Town Centre and in close proximity to schools, Bunbury Hospital and other community amenities
- Fully leased net income of $620,000p.a.*
For further information, please contact the exclusive sales and marketing agents CBRE.
*Approximately
Property History for 1 Island Queen St, Withers, WA 6230
- 11 Jun 2021Sold for $8,100,000
- 13 Mar 2019Listed for Sale EXPRESSIONS OF INTEREST
- 15 Jun 1987Sold for $82,000
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About Withers 6230
The size of Withers is approximately 4.4 square kilometres. There are 8 parks, covering nearly 57.8% of the total area. The population of Withers in 2016 was 2977 people. By 2021 the population was 2979 showing a population growth of 0.1% in the area during that time. The predominant age group in Withers is 20-29 years. Households in Withers are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Withers work in a labourer occupation.In 2021, 52.40% of the homes in Withers were owner-occupied compared with 48.10% in 2016.
Withers has 1,542 properties. Over the last 5 years, Houses in Withers have seen a 175.27% increase in median value, while Units have seen a 123.62% increase. As at 30 April 2026:
- The median value for Houses in Withers is $640,531 while the median value for Units is $386,184.
- Houses have a median rent of $570 while Units have a median rent of $400.
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