FOR SALE
$2,950,000 + GST if applicable

244 York Street
Albany WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 822m2
Land area: 957m2
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Arguably Western Australia's first Licensed premises!

$2,950,000 + GST if applicable (currently leased).
Opportunities such as this come along once in a lifetime. Don't miss your chance to own this grand, historic building in the heart of York Street, Albany's most prestigious main street. This beautiful heritage building is still operating as a hotel and the current lessee would consider selling his interest. The potential is exponential. An adjoining block is also available for your consideration.
Consider the Hotel or Adjoining Land - or Both.
The Hotel and a 310sqm block to the rear of the property are available for your consideration. These two sites represent the pinnacle of prime location in Albany.
The Albany Hotel
Located at Lot 19, the land area is 957sqm, with 16.76m of frontage to York street, plus a 29.70sqm alfresco area on Council Land, with the potential or further alfresco in the adjoining laneway (subject to Council approval).
Features:
Bar/ Dining Room: Feature timber & pressed tin bar and seating approx. 40.
Lounge/ Dining Room: Feature timer & pressed tin bar, original brick fireplace, seating approx. 20, TAB facilities, male and female toilets (plus disabled facilities).
Public Bar: Feature timber & pressed tin bar, original brick fireplace, seating approx. 40.
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Property Details for 244 York St, Albany

Building Type
Commercial
Floor Size
822m2
Land Size
957m2

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About Albany 6330

The size of Albany is approximately 2.4 square kilometres. It has 6 parks covering nearly 8.1% of total area. The population of Albany in 2011 was 1,463 people. By 2016 the population was 1,310 showing a population decline of 10.5% in the area during that time. The predominant age group in Albany is 60-69 years. Households in Albany are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany work in a professional occupation. In 2011, 60.3% of the homes in Albany were owner-occupied compared with 61.7% in 2016.

Albany has 1,367 properties. Over the last 5 years, Houses in Albany have seen a 55.04% increase in median value, while Units have seen a -25.43% decrease. As at 30 September 2024:

  • The median value for Houses in Albany is $581,026 while the median value for Units is $221,796.
  • Houses have a median rent of $490 while Units have a median rent of $345.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Albany on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Albany.

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Russell Poliwka
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First Western Realty
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