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
Sold By
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 2,953 properties. Over the last 5 years, Houses in Malaga have seen a 110.45% increase in median value, while Units have seen a 103.14% increase. As at 30 November 2024:

  • The median value for Houses in Malaga is $529,247 while the median value for Units is $397,164.
There are currently 5 properties listed for sale, and 9 properties listed for rent in Malaga on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Malaga.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.