OFF MARKET

1/7 Vale Street
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 103m2
Land area: 96m2
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Property Details for 1/7 Vale St, Malaga

Building Type
Commercial
Year Built
1993
Floor Size
103m2
Land Size
96m2
Local Government
Swan
Lot/Plan
1/S024898

Last Listing description (August 2024)

DFR Commercial are pleased to present to the market this well presented and fully refurbished strata titled property positioned in the heart of Malaga's Industrial precinct. The property has been given a fresh coat of paint and is ready to be used as a commercial kitchen, caf or lunch bar.

The property is conveniently situated in between all local arterial roads including, Tonkin Highway, Alexandra Drive, Reid Highway and Hepburn Avenue.

Features Include:

- 96m Lunch bar
- Grease Trap onsite
- Large amount of onsite parking
- Excellent road exposure
- Warehouse / storage with roller door
- Security system
- Air-conditioned throughout

Approximate annual outgoings: Council rates $2,093.95, water rates $1,586.34, strata levies $2,296.08 and management fee $2,238.35. Total $8,214.72

Information disclaimer: The terms of this information disclaimer apply to any content whatsoever (including, videos, sound files and computer code) ("Material") provided or made accessible by DFR Commercial to any person ("Recipient"). The Recipient is taken to agree to these terms when they receive the Material. DFR Commercial makes no statements, representations or undertakings to the Recipient or any other person in connection with the Material, including in relation to the ownership, legality, suitability, purpose, quality, accuracy or completeness of the Material, and is not liable for any claim, loss or cost in connection with the same. DFR Commercial disclaims, to the extent permitted by law, all warranties, representations and guarantees in connection with the Material.

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Property History for 1/7 Vale St, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$175,285
16 Aug 1995
Listed for Rent
$498/w
10 Apr 2024
  • 18 Jul 2023
    Listed for Rent - Price not available
  • 16 Aug 1995
    Sold for $175,285
  • 04 Mar 1994
    Sold for $53,000

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About Malaga 6090

The size of Malaga is approximately 6.6 square kilometres. It has 7 parks covering nearly 8.1% of total area. The population of Malaga in 2011 was 15 people. By 2016 the population was 3 showing a population decline of 80.0% in the area during that time. The predominant age group in Malaga is 50-59 years. Households in Malaga are primarily couples with children and are likely to be repaying $1800 - $2000 per month on mortgage repayments. In general, people in Malaga work in a trades occupation..

Malaga has 2,952 properties. Over the last 5 years, Houses in Malaga have seen a 116.53% increase in median value, while Units have seen a 102.24% increase. As at 31 October 2024:

  • The median value for Houses in Malaga is $531,708 while the median value for Units is $401,739.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Malaga on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Malaga.

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