SOLD
RECENT ADVICE
Sold on 14 Nov 2024 for $800,000

2/25 Montgomery Way
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 351m2
Land area: 351m2
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Property Details for 2/25 Montgomery Way, Malaga

Building Type
Commercial
Year Built
1998
Floor Size
351m2
Land Size
351m2
Local Government
Swan
Lot/Plan
2/S035902

Last Listing description (April 2016)

This great workshop would be the ideal choice for any trade or business wanting to move in and hit the ground running. The seller is willing to negotiate with a potential buyer to customise the workshop to suit the requirements of your business. There is currently approximately a dozen 3 phase outlets which can re relocated allowing a smooth transition for your business and minimise time lost in the move.
Other features of this rare find are as follows:
* Two offices, one on the ground and the other on the mezzanine level that are both air conditioned

* Monitored Alarm system
* Mezzanine level also consisting of kitchen/meals area, bathroom with shower and two storage areas
* Men's and Ladies toilets downstairs with provision for a washing machine
* Several Troughs inside and outside
* Internal floor area of 262m2 and outdoor area of 89m2
* Current owner willing to rent back for an agreed period
A truly unique proposition that is hard to find that will reduce time taken to modify the property to get your business up and running. Call John Vellutini on 0420371877 to discuss this opportunity further or to arrange a private viewing.

Property History for 2/25 Montgomery Way, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$800,000
14 Nov 2024
  • 14 Nov 2024
    Sold for $800,000
  • 18 Aug 2015
    Listed for Sale From $559,000 + GST
  • 04 Jun 2015
    Listed for Sale Not Disclosed
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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.

Suburb Insights for Malaga 6090

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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.