Presenting a leading opportunity to secure one of the most exclusive and strategically well-positioned R40 Residential and R60 Tourist Accommodation-zoned coastal properties in Albany.
Albany Holiday Units is a well-established business situated just a short stroll from all the tourist hot spots Middleton Beach has to offer. The Albany City Council s recent decision to approve future development of the nearby former Esplanade hotel site opposite the beach, will only add to the popularity of this already highly coveted area.
The business has grown in turnover and presence on the Albany accommodation scene since the current owners took over in 2012. There are 10 accommodation units on the property and potential for three more.
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:
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