SOLD
Sold on 02 Apr 2024 for $515,000

2/28 Vale Street
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 280m2
Land area: 273m2
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Property Details for 2/28 Vale St, Malaga

Building Type
Commercial
Year Built
1995
Floor Size
280m2
Land Size
273m2
Local Government
Swan
Lot/Plan
2/S029131

Last Listing description (April 2023)

Fantastic opportunity to purchase or lease Two (2) modern office/warehouses together or individually with ample parking, is now For Lease / For Sale.

The subject property offers:


Unit 1-286 sqm with 150 sqm mezzanine (approx.) plus 14 sqm yard
Unit 2-273 sqm with 150 sqm mezzanine (approx.)
Modern Office with excellent fitout.
Open plan work station space
Boardroom and reception areas
Full kitchen facilities
Large warehousing with roller door access
Separate loading dock with private driveway
Solar panels on each property with 2 x Fronius Inverters at 15kw capacity each.
Three (3) phase power with 63 amps each unit
Security system installed
Dedicated fibre installed for internet
Swipe card access to building including arm and disarm security
Reverse cycle air conditioning
Bathroom with shower facilities
High truss height (Approx.)
Electric roller door access to the front and rear (Approx. 5m clearance)
Security gates to the property
Dedicated Office area
High quality office / reception area
Good natural lighting

Available: Now

Contact Gary Lovi and Jonathan Kilborn to arrange an inspection

Property History for 2/28 Vale St, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$515,000
02 Apr 2024
Listed for Rent
$471/w
02 Jun 2022
  • 02 Apr 2024
    Sold for $515,000
  • 15 Dec 2021
    Listed for Rent - Price not available
  • 15 Dec 2021
    Listed for Sale Sale: Offers Invited | Lease: Contact Agent
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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 2,946 properties. Over the last 5 years, Houses in Malaga have seen a 139.91% increase in median value, while Units have seen a 1.67% increase. As at 31 July 2024:

  • The median value for Houses in Malaga is $630,885 while the median value for Units is $330,772.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Malaga on OnTheHouse. According to CoreLogic's data, 94 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.