36/212 Albany HighwayCentennial Park WA 6330
Property Details for 36/212 Albany Hwy, Centennial Park
36/212 Albany Hwy, Centennial Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (October 2016)
'Banksia Gardens' offers you the best opportunity to purchase a high yielding investment property without many of the risks and hurdles of a commercial real estate purchase. Located near the CBD of Albany on the beautiful South coast of Western Australia, the last remaining units in this superb complex are now offered for sale. With an unbeatable return of 8.0% and starting from only $128,000, this incredible opportunity is yours to act upon.
KEY BENEFITS:
Guaranteed 8.0% NET return on your investment
CPI increase each year
4% - building depreciation allowance (still need to confirm)
Newly refitted with no further owner contributions until at least 2020
Superbly maintained and managed
Low entry cost
These fully furnished and equipped 1 and 2 bedroom apartments and suites have undergone recent refurbishment including split system airconditioning, insulation, painting and minor kitchen and bathroom upgrades. Your investment is underpinned by the Freehold Strata Title and free from all insurances, strata levies, management fees, rates and taxes under the terms of the lease.
IDEALLY SUITED FOR:
Self Managed Superannuation Funds
Individuals and families alike
Commercial Property Investors seeking a lower entry price
Residential Property Investors seeking a higher return
Those wanting a ?bricks and mortar? investment without the hassle
Visitors to Albany enjoy the comfort and convenience of staying at 'Banksia Gardens' whilst unit owners can also relax knowing that their income is secure and paid into their bank account each month. Owners can also stay in their unit for 2 weeks a year at 50% off the normal room rate.
This beautifully presented complex includes reception, restaurant, new children?s playground and BBQ area. Business administration services, daily newspapers and room service on request ensure your stay with us is as comfortable as possible.
Albany is a thriving regional centre of approximately 35,000 residents. Agriculture, tourism and the service industries support the City?s economy and both a deep water port and expanded airport ensure commercial and pleasure activities are well catered for. The region not only has some of the most beautiful scenery imaginable but benefits from food and wine festivals, arts and cultural events and large scale sporting and adventure events.
By keeping you in The Loop, we hope to better inform, educate and inspire regarding all things Real Estate. We are passionate about Albany property and look forward to helping you achieve your property aspirations. To book your exclusive consultation with Chelsea McIntyre or Kelly Pearce please email theloop@professionalsalbany.com.au or give us a call on 0418 958 681 or 0400 865 773
Property History for 36/212 Albany Hwy, Centennial Park, WA 6330
- 20 Oct 2016Listed for Sale $128,000
- 19 Oct 2016Sold for $128,000
- 19 Apr 2013Listed for Sale 158000
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0About 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 838 properties. Over the last 5 years, Houses in Centennial Park have seen a 62.59% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:
- The median value for Houses in Centennial Park is $527,031 while the median value for Units is $258,742.
- Houses have a median rent of $380 while Units have a median rent of $450.
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