FOR SALE
Offers above $1,100,000

309 Albany Highway
Mount Melville WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 470m2
Land area: 2652m2
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Albany Highway Commercial Investment

Fuel Station and Workshops off Albany Highway, not far from the main round about entering Albany town.
• Fuel station forecourt rented by United Petroleum
• Two workshops, approx. 210sqm and 270sqm, long term tenants in play
• Ample secure parking for overnight parking at the back of the property
• Suit investor buyers at this stage
• Potential redevelopment suitable for owner occupier at later stage
This is the opportunity to secure a commercial investment property close to the major cross road in Albany, with huge potential for redevelopment down the track. Currently generating approximately 5% return.
For more information, contact Neels Delport 0450 451 401 or neels.delport@elders.com.au

Property Details for 309 Albany Hwy, Mount Melville

Building Type
Commercial
Floor Size
470m2
Land Size
2652m2

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About Mount Melville 6330

The size of Mount Melville is approximately 2.9 square kilometres. It has 5 parks covering nearly 32% of total area. The population of Mount Melville in 2011 was 1,079 people. By 2016 the population was 1,084 showing a population growth of 0.5% in the area during that time. The predominant age group in Mount Melville is 60-69 years. Households in Mount Melville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Melville work in a professional occupation. In 2011, 53.6% of the homes in Mount Melville were owner-occupied compared with 58% in 2016.

Mount Melville has 741 properties. Over the last 5 years, Houses in Mount Melville have seen a 59.63% increase in median value, while Units have seen a 20.08% increase. As at 30 September 2024:

  • The median value for Houses in Mount Melville is $513,264 while the median value for Units is $230,557.
  • Houses have a median rent of $480 while Units have a median rent of $290.
There are currently 10 properties listed for sale, and 1 property listed for rent in Mount melville on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Mount melville.

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Neels Delport
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Elders Real Estate Albany
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