SOLD
Sold on 20 Mar 2024 for $340,000

16/7 Vale Street
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 97m2
Land area: 131m2
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Professionals MC Commercial Real Estate
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Property Details for 16/7 Vale St, Malaga

Building Type
Commercial
Year Built
1993
Floor Size
97m2
Land Size
131m2
Local Government
Swan
Lot/Plan
16/S024898

Last Listing description (April 2024)

Welcome to 16/7 Vale Malaga, a fantastic industrial/warehouse property located in a prime location. This property boasts a spacious building area of 131sqm, perfect for a variety of business uses.Professionals MC Commercial presents 16/7 Vale Street, Malaga. Features: - Total area 131m- Really well equipped 91m workshop that comes with a 31 m2 Yard - Office of approx 9 m2 - Workshop with roller door of approx 3.35m in height - Toilet - Mezzanine - Currently set up as a Mechanical repair shop - Highly desirable property in great demand be quick !For sale $330,000 +GSTTo arrange a viewing please contact Robbie on 0422 978 478 or email robbie.doyle@professionalsmc.com.auWith a price guide of $330,000, this property offers great value for those looking to invest in a versatile industrial space. Don't miss out on this opportunity to own a property with endless potential. Contact us today to schedule a viewing!

Property History for 16/7 Vale St, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$340,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $340,000
  • 07 Mar 2024
    Listed for Sale $330,000
  • 05 Aug 2022
    Listed for Sale $330,000 + GST
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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 2,951 properties. Over the last 5 years, Houses in Malaga have seen a 118.68% increase in median value, while Units have seen a 86.83% increase. As at 30 September 2024:

  • The median value for Houses in Malaga is $541,868 while the median value for Units is $383,039.
There are currently 11 properties listed for sale, and 9 properties listed for rent in Malaga on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Malaga.

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