SOLD
Sold on 07 Feb 2024 for $1,400,000

8/348 Victoria Road
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 541m2
Land area: 541m2
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Sold By
Malcolm Gilmour
Perth Realty Group
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Property Details for 8/348 Victoria Rd, Malaga

Building Type
Commercial
Year Built
2009
Floor Size
541m2
Land Size
541m2
Local Government
Swan
Lot/Plan
8/S059040

Last Listing description (May 2024)

Great to see you again Ladies & Gentlemen, Malcolm Gilmour here.

Welcome to this fantastic money maker at number 8/348 Victoria Road in the sort after commercial area of Malaga in Western Australia.

Opportunity knocks Ladies & Gents, I recommend you grab this with both hands while you can! Why, you ask? Because its a money maker!! And a quality sort after piece of Real Estate, it will not last at this price!!

It's a multi tenanted building for sale here with 3 great tenants, quality building, good size of 541m2, large number of car parks & built by a top-quality builder!

Look at this beautiful caf, it has a long lease, and it has massive following in the area! You could not ask for better tenants! Fantastic people & great caf!!

The property as I said has 3 great tenants, and it's a must for your real estate portfolio!
Magnificent position, close to major roads, not far from the CBD, close to Airports and close to freeways. This is a well sort after area and growing!!

If you are looking for a top investment Ladies and Gents, you have found it right here!! Look no further!!

Give me a call to discuss, I look forward to meeting you, and I look forward to selling it to you!

Malcolm Gilmour - 0418 946 950

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Property History for 8/348 Victoria Rd, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$1,400,000
07 Feb 2024
Listed for Rent
$957/w
20 May 2014
  • 07 Feb 2024
    Sold for $1,400,000
  • 11 Jul 2023
    Listed for Sale Call Agent to Discuss
  • 04 Jul 2018
    Listed for Sale Not Disclosed
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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.

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