OFF MARKET

18 Adelaide Crescent
Middleton Beach WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 615m2
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Property Details for 18 Adelaide Cres, Middleton Beach

Building Type
Commercial
Year Built
1950
Floor Size
120m2
Land Size
615m2
Local Government
Albany
Lot/Plan
201/P025881

Last Listing description (May 2020)

This iconic Cafe, store and liquor merchant is part of the fabric of the Albany hospitality scene. A hub of social activity and brilliantly located in the beachside suburb of Middleton Beach. Bay Merchants' exemplary reputation is well deserved due to the quality of its location, appearance and exceptional offerings.A 5 12 day a week hospitality business that generates the profitability that this business does is extremely RARE. Bay Merchants growth and profitability is based on providing a great experience for everyone coming into the store and excellent service, delivered by a small and dedicated team of people.The business is very well structured and well-positioned for continued success. Excellent plant and equipment and well-maintained premises means no additional investment required in the short term. There is a long lease in place and with all the licences and permits required - there is nothing more to do.Best of all, Bay Merchant is very profitable and growing profitability year on year.This opportunity must not be missed. They do not come along that often!A full Information Memorandum will be made available to qualified enquiries upon request.Please contact Rino Daniele on 0409 106 934 or email rino.d@albanyelite.com.au.

Property History for 18 Adelaide Cres, Middleton Beach, WA 6330

A timeline of how this property has performed in the market
Last Sold
$1,300,000
15 Feb 2008
Listed for Rent
$383/w
03 May 2013
  • 21 Nov 2019
    Listed for Sale $265,000 PSAV
  • 20 Mar 2014
    Listed for Sale $328,000 WIWO NEG
  • 16 Jul 2013
    Listed for Sale $328,000 WIWO
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About Middleton Beach 6330

The size of Middleton Beach is approximately 0.8 square kilometres. It has 3 parks covering nearly 32% of total area. The population of Middleton Beach in 2011 was 653 people. By 2016 the population was 711 showing a population growth of 8.9% in the area during that time. The predominant age group in Middleton Beach is 60-69 years. Households in Middleton Beach are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Middleton Beach work in a professional occupation. In 2011, 60.2% of the homes in Middleton Beach were owner-occupied compared with 63.3% in 2016.

Middleton Beach has 588 properties. Over the last 5 years, Houses in Middleton Beach have seen a 65.05% increase in median value, while Units have seen a 19.58% increase. As at 31 October 2024:

  • The median value for Houses in Middleton Beach is $661,476 while the median value for Units is $274,909.
  • Houses have a median rent of $550 while Units have a median rent of $335.
There are currently 4 properties listed for sale, and 1 property listed for rent in Middleton beach on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Middleton beach.

Suburb Insights for Middleton Beach 6330

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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.