FOR SALE
Sale Price Unavailable

971 Albany Highway
East Victoria Park WA 6101

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 685m2
Land area: 684m2
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PRIME INVESTMENT OPPORTUNITY IN A PRIME LOCATION

This three-storey building site is offering a (Mixed Use) residential/ commercial prime investment opportunity in a prime location. It will generate a massive rental return for the 2nd and 3rd floor apartments. The ground floor can be leased for business venture and featuring a 4 bed, 2 bath, 2 toilet residential house at the back where the family can reside.
A newly built secured property which offers so many attributes.
The spacious and modern one-bedroom apartments boast open-plan living, modern finishings, stainless steel appliances and a huge balcony. Situated right in the middle of Victoria Park business centre, cafe strip and endless restaurants. Within walking distance to the lively area of East Victoria Park & Vic Park where there the business premises are located and is an abundance of boutique dining options, bars and retail stores. Approximately a 10-minute drive to the CBD, Swan River, Burswood, Perth Airport and Welshpool. Offering a 1 bedroom with built in robes, modern bathroom with toilet, a spacious gourmet kitchen with stainless steel appliances and dishwasher, air conditioner, tiled flooring throughout.
The building's ground floor is capable of being leased for a range of office or health related uses.
The premises include open parking spaces at the front parking for about 4 vehicles while the rear covered parking area can accommodate about 6 vehicles and car bays available next to the bus stop.
Close to all major amenities:
• Shopping centre
• Access to public transport
• Local bars, cafes and restaurants
• Retail stores, Bunnings and Aldi
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Property Details for 971 Albany Hwy, East Victoria Park

971 Albany Hwy, East Victoria Park is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 684m2 and floor size of 685m2. The place is currently for sale with EXP AUSTRALIA WA.

Building Type
Unit
Floor Size
685m2
Land Size
684m2

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About East Victoria Park 6101

The size of East Victoria Park is approximately 3.9 square kilometres. It has 19 parks covering nearly 8.1% of total area. The population of East Victoria Park in 2011 was 9,031 people. By 2016 the population was 10,076 showing a population growth of 11.6% in the area during that time. The predominant age group in East Victoria Park is 20-29 years. Households in East Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Victoria Park work in a professional occupation. In 2011, 53.9% of the homes in East Victoria Park were owner-occupied compared with 55.4% in 2016.

East Victoria Park has 5,943 properties. Over the last 5 years, Houses in East Victoria Park have seen a 78.35% increase in median value, while Units have seen a 80.83% increase. As at 30 November 2024:

  • The median value for Houses in East Victoria Park is $981,731 while the median value for Units is $595,293.
  • Houses have a median rent of $720 while Units have a median rent of $640.
There are currently 23 properties listed for sale, and 6 properties listed for rent in East victoria park on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in East victoria park.

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Vicki Wotherspoon
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EXP AUSTRALIA WA
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