Situated in a busy industrial area of Albany that attracts regular passing traffic to not only a range of local businesses but also the local leisure centre and other nearby sporting facilities, this modern, refurbished 1072sqm property featuring display, office, retail and workshop/storage space, poses plenty of options for the business investor or owner.
It is located on a level, well- developed and presented site with convenient two street frontages and drive-through access, providing maximum exposure to potential passing trade and easy access for clients and staff.
The property features two refurbished buildings and a workshop/storage shed complimented by attractive seal driveway, walkway and display areas, gardens and lawns.
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:
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