OFF MARKET

148-150 Albany Highway
Centennial Park WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1466m2
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Property Details for 148-150 Albany Hwy, Centennial Park

Building Type
Commercial
Land Size
1466m2
Local Government
Albany
Lot/Plan
56/D065970

Last Listing description (July 2019)

After 32 years, the founder and owner of Colray Albany Exhaust on Albany Highway, Albany is ready to down tools, giving someone else a great opportunity to step up and take the successful business to the next level.
This would be an ideal venture for a qualified mechanic looking to branch out on his own or as a husband and wife or family team.
The company has developed a strong and loyal domestic, commercial to rural client base over the years by offering quality exhaust, tow bar, suspension, muffler, shock absorber, retail and other key services to clients throughout the region.

And there is certainly untapped potential to expand the business and boost profits even further by including any number of other services such as window tinting, brakes and clutches, roo bars, canopies, tyre sales and fitting, trailer sales and more.
The business operates out of leased premises offering excellent exposure to passing trade on a major arterial road into Albany's CBD.
All the stock, plant, equipment and goodwill will be included in the asking price.
The premises have been customised to suite the business and include a fully-equipped high span workshop, three covered and secure heavy vehicle truck bays and a massive downstairs stock warehouse with excellent vehicle access.
There is also a front reception and main office, lunch room, ablutions and staff and customer parking.
Essential quality equipment including two four and two post joists and a utility are included in the sale. The plant and equipment have also been recently serviced.
Tired of working for everyone else? Gives us a call today to discuss your business future.
For more information please contact Rob Humfrey on 0428 447 226.

Property History for 148-150 Albany Hwy, Centennial Park, WA 6330

A timeline of how this property has performed in the market
Last Sold
$1,600,000
11 Jul 2023
  • 11 Jul 2023
    Sold for $1,600,000
  • 12 Jul 2019
    Listed for Sale $79,900
  • 05 Oct 2017
    Listed for Sale $88,000 PLUS SAV

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About Centennial Park 6330

The size of Centennial Park is approximately 2 square kilometres. It has 1 park covering nearly 28% of total area. The population of Centennial Park in 2011 was 568 people. By 2016 the population was 620 showing a population growth of 9.2% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centennial Park work in a trades occupation. In 2011, 51% of the homes in Centennial Park were owner-occupied compared with 53.8% in 2016.

Centennial Park has 842 properties. Over the last 5 years, Houses in Centennial Park have seen a 51.83% increase in median value, while Units have seen a 17.54% increase. As at 31 August 2024:

  • The median value for Houses in Centennial Park is $503,673 while the median value for Units is $233,417.
  • Houses have a median rent of $380 while Units have a median rent of $410.
There are currently 20 properties listed for sale, and 7 properties listed for rent in Centennial park on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Centennial park.

Suburb Insights for Centennial Park 6330

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.