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 2,953 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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