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 740 properties. Over the last 5 years, Houses in Mount Melville have seen a 69.17% increase in median value, while Units have seen a 30.14% increase. As at 31 October 2024:

  • The median value for Houses in Mount Melville is $536,903 while the median value for Units is $271,530.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 13 properties listed for sale, and no properties listed for rent in Mount melville on OnTheHouse. According to CoreLogic's data, 30 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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