SOLD
Sold on 16 Feb 2024 for $759,000

5A Principal Link
Malaga WA 6090

Bedrooms: -
Bathrooms: 2
Car spaces: -
Floor area: 226m2
Land area: 229m2
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Property Details for 5a Principal Link, Malaga

Building Type
Commercial
Year Built
2006
Floor Size
226m2
Land Size
229m2
Local Government
Swan
Lot/Plan
1/S051539

Last Listing description (February 2024)

Welcome to 1/5 Principal Link Malaga, an exceptional industrial/warehouse property that offers a multitude of possibilities for your business ventures. With a generous building area of 229sqm being offered for sale, this property provides ample space to accommodate your operational needs. - Save energy costs with Solar Power unit.- Be secure with security alarms and CCTV.- Hot water system- Disabled toiletWhether you are looking to establish a new business or expand your existing one, this property offers the perfect platform to thrive and succeed.Situated in the highly sought-after Malaga area, this property enjoys excellent connectivity and accessibility. Its prime location ensures convenient access to major transportation routes, making it easy for your clients and suppliers to reach you. The front facing property is well-maintained and boasts a modern design, providing a professional and welcoming environment for your business. With its spacious layout, you will have the freedom to customize the space to suit your specific requirements. Priced at $690,000 plus GST with vacant possession, this property offers exceptional value for money. Whether you are an investor looking for a lucrative opportunity or a business owner seeking a new headquarters, this property is an excellent investment. Don't miss out on the chance to secure this fantastic property. Contact us today to arrange a viewing and see for yourself the potential that this industrial/warehouse property has to offer.

Property History for 5a Principal Link, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$759,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $759,000
  • 10 Feb 2024
    Listed for Sale For Sale $690,000 + GST
  • 10 Sep 2014
    Sold for $517,000
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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 2,952 properties. Over the last 5 years, Houses in Malaga have seen a 118.68% increase in median value, while Units have seen a 86.83% increase. As at 30 September 2024:

  • The median value for Houses in Malaga is $541,868 while the median value for Units is $383,039.
There are currently 10 properties listed for sale, and 10 properties listed for rent in Malaga on OnTheHouse. According to CoreLogic's data, 92 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.