SOLD
Sold on 24 Jun 2024 for $1,150,000

2/21 Finance Place
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 616m2
Land area: 616m2
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Chad Henville
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Property Details for 2/21 Finance Pl, Malaga

Building Type
Commercial
Year Built
2007
Floor Size
616m2
Land Size
616m2
Local Government
Swan
Lot/Plan
2/S054356

Last Listing description (August 2024)

LocationThe property is located on Finance Place just east of the roundabout of Business Way and Marshall Road, Malaga. The Malaga Industrial Estate is just 13km* north of the Perth CBD and 15 minutes from the interstate road/freight terminals. Malaga offers great surrounding employment catchment areas.ZoningThe City of Swan advise that the property is zoned 'General Industrial'.Building Area (Strata)The building comprises the following areas:Ground Floor 114sqm*First Floor Mezzanine 114sqm*Warehouse 388sqm*Total 616sqm*Building Details and Features+ Direct street access to large roller door entry+ Flexible floor plan+ Insulated roof with high bay lights+ Toilet facility on first floor+ Development of four units+ Rear common car parking+ Security fencing+ Lease expiring September 2024CommentsTenant has a first right of refusal in their lease.For further details please contact the Exclusive Selling Agent.*Approx

Property History for 2/21 Finance Pl, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$1,150,000
24 Jun 2024
Listed for Rent
$35k/w
22 Oct 2020
  • 24 Jun 2024
    Sold for $1,150,000
  • 07 May 2024
    Listed for Sale Price on Application
  • 16 Jul 2020
    Listed for Sale $875,000
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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 2,953 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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Chad Henville
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Burgess Rawson
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