The subject property is a modern showroom centre which currently consists of four tenancies including Harvey Norman. A recent extension to the west of the subject property has been completed which accommodates Officeworks and BCF.
The high-profile Centre is attractively landscaped and is exposed to over 20,680 cars passing per day on Beach Road (2017/2018 Main Roads WA). A large signage panel is available on the property fronting Beach Road to maximise your exposure.
The subject property is located 12 kilometres from the Perth CBD and enjoys excellent exposure to Beach Road from both east and west directions. The Centre is only 200 metres from the intersection of Alexander Road which is a major north south arterial road to the Perth CBD with the said intersection on Alexander Road being exposed to over 33,100 cars passing per day (2017 / 2018 Main Roads WA).
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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