SOLD
Sold on 16 Aug 2024 for $5,202,000

64 Irvine Drive
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1220m2
Land area: 2300m2
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Ben Flanagan
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Property Details for 64 Irvine Dr, Malaga

Building Type
Commercial
Year Built
2000
Floor Size
1220m2
Land Size
2300m2
Local Government
Swan
Lot/Plan
120/P016231

Last Listing description (December 2024)

Features:+ Leased Investment opportunity+ Global Tenant - Listed on Canadian Stock Exchange+ Highly impressive workshop+ Current rent: $299,414 + outgoings + GST+ New 3 year term just exercised + 2 year option+ 2,300sqm LandBuilding Features:+ 1,220sqm* Main Office / Workshop with 16T and 3.2T gantry+ 300sqm Rear area: Includes Extraction spray booth, 10T Gantry Crane, Wash down bay with oil separator+ 1,000amps Power! Extremely rare find+ Extra wide electric Roller door+ Additional enclosed side Lean too+ Industrial air compressor+ Partitioned office fit-out with boardroom and multiple offices+ Shower and locker facilities+ Multiple bathrooms throughout, including 1st floor office bathrooms+ Dual cross over, fenced and secured+ Direct Roller door access + Central Malaga location Asking PriceOffers Invited from $5,500,000 (Going Concern).For further details please contact the Exclusive Selling Agent.

Property History for 64 Irvine Dr, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$5,202,000
16 Aug 2024
Listed for Rent
$192/w
18 Apr 2019
  • 16 Aug 2024
    Sold for $5,202,000
  • 20 Jul 2024
    Listed for Sale Price on Application
  • 08 Mar 2019
    Listed for Rent - Price not available
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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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Ben Flanagan
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Burgess Rawson
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