SOLD
Sold on 16 Jul 2024 for $464,200

7/11 Exchange Road
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 172m2
Land area: 172m2
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Ray White Commercial (WA)
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Property Details for 7/11 Exchange Rd, Malaga

Building Type
Commercial
Year Built
2001
Floor Size
172m2
Land Size
172m2
Local Government
Swan
Lot/Plan
7/S040293

Last Listing description (September 2024)

RWC WA are pleased to offer for Sale and Lease 7/11 Exchange Road, Malaga. Flexible 172sqm* floor plate spread over two levels lends itself to a variety of different businesses. Zoned Highway Service possibilities include office, showroom, consulting rooms, light or service industry and food outlets.Property features include:- 113sqm* ground floor which is a predominantly open-plan layout and high ceilings- 59sqm* first floor with three partitioned offices - Large window facade- Two toilets plus kitchenette- Reverse cycle air conditioning throughout- Rear roller door access- Located in a rich amenity location surrounded by eateries and shops.Water Rates $1,428Council Rates $3,200Strata Levies $3,216.40 (includes $294.80 sinking fund)Property Management $4,000 (if applicable to commercial lease)For further information or to arrange an inspection please contact the Agents:Tom JonesRWC WAM: 0478 771 117E: tom.jones@raywhite.comLachlan BurrowsRWC WAM: 0499 552 296E: lachlan.burrows@raywhite.com*Approximate

Property History for 7/11 Exchange Rd, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$464,200
16 Jul 2024
Listed for Rent
$21k/w
14 Aug 2018
  • 17 Jul 2024
    Listed for Sale UNDER OFFER
  • 16 Jul 2024
    Sold for $464,200
  • 28 Feb 2024
    Listed for Sale Price on Application
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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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