- Unique opportunity to purchase 3,188sqm* land (part vacant)
- Vacant land available to occupy of 1,000sqm*
- Part leased 2,000sqm* expiring 31 August 2021
Burgess Rawson is pleased to present this unique offering in the premier northern industrial precinct of Malaga. Malaga is centrally located in the northern suburbs just 13 kilometres from the Perth CBD and 15 minutes from the Kewdale interstate road/rail freight terminals and the Perth Domestic and International airports. Major transport networks nearby include the recently upgraded Reid and Tonkin Highways and the Mitchell Freeway.
Zoning
The City of Swan advise that the property is zoned General Industrial under their current town planning scheme.
Improvements
The property comprises an older style office/residence and rear warehouse of 473sqm*
Land Details
Frontage Camboon Rd: 31.75 metres*
Land Area: 3,188sqm*
Tenancy Details
The property is sold with a lease to a portion of the land (2,000sqm*) expiring 31 August 2021 with a gross rental of $60,000pa (including outgoings).
Asking Price
$1,475,000 (GST - Not Registered)
For further information or to arrange an inspection, please contact the Agent.
* Approx
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:
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