OFF MARKET

278 Albany Highway
Centennial Park WA 6330

Bedrooms: -
Bathrooms: 2
Car spaces: 14
Floor area: 750m2
Land area: 855m2
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Property Details for 278 Albany Hwy, Centennial Park

Building Type
Commercial
Floor Size
750m2
Land Size
855m2
Local Government
Albany
Lot/Plan
4/D016772

Last Listing description (February 2020)

Albany Apartments Short Stay Self-catering Accommodation has a long
history of being well run, well presented & very profitable
Strategically located on approximately 2100m2 of land on the corner of

Albany Highway & Lion Street
This prominent location ensures huge passing traffic
Comprising four x 2 bedroom, 2 bathrooms (with spa), two x 2 bedrooms, 1
bathroom (with spa), one x 1 bedroom, 1 bathroom apartments
In addition, there is a new Manager's Residence which can be converted into a
2 bedroom 1 bathroom apartment & a 1 bedroom, 1 bathroom studio
The track record of Albany Apartments can prove that an excellent income
can be achieved with a modest work load
Well priced at $900,000 walk-in walk-out

Contact Rino Daniele for further information.

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Property History for 278 Albany Hwy, Centennial Park, WA 6330

A timeline of how this property has performed in the market
Last Sold
$1,550,000
24 Apr 2023
  • 24 Apr 2023
    Sold for $1,550,000
  • 14 Oct 2019
    Sold for $825,000
  • 10 Sep 2019
    Listed for Sale $900,000
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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.

Centennial Park Profile Page

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