OFF MARKET

191 Albany Highway
Mount Melville WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15058m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 191 Albany Hwy, Mount Melville

Building Type
Commercial
Land Size
15058m2
Local Government
Albany
Lot/Plan
42/D070159

Last Listing description (May 2017)

Huge potential for expansion. Freehold and business of Albanys iconic Comfort Inn Motel and Shells restaurant.
Very rarely do exciting opportunities like this become available.
60 unit motel just minutes from city centre. Owners selling after 37 years.

4 family rooms;
56 double suites.
Well documented financial history available.
Strong repeat trade, excellent trading history. Standing out from the crowd the Comfort Inn enjoys a superior, elevated location. It is ideally positioned only minutes from the city centre and with land content of 1.5064 hectares. There is plenty of room for expansion and possibility to also purchase adjoining land of 5317m2.
Brand affiliated with Choice Hotels, attracting strong corporate business. All rooms are modern and comfortable and feature Foxtel and WiFi.
A must see, this property will impress the smartest buyer.
Albany is situated 400km from Perth. The city has a population of about 35,000. It is a wonderful place to live, holiday, raise a family or run a successful business. From here you can relax and enjoy a mix of pristine beaches, fishing, surfing, golfing, shopping, restaurants, cafes and many other lifestyle opportunities.
TERMS OF SALE: $3,300,000 walk-in-walk-out, including plant and equipment.
ZONING: Tourist Residential.
BUILDING: 60 brick constructed, individual motel units, reception, kitchen and managers apartment.
ADJACENT HOUSE AND LAND
201 Albany Highway on 5317m2 is also available at the price of $895,000.

Property History for 191 Albany Hwy, Mount Melville, WA 6330

A timeline of how this property has performed in the market
Last Sold
$1,800,000
14 Oct 2016
  • 14 Oct 2016
    Sold for $1,800,000
  • 20 Apr 2015
    Listed for Sale $3,300,000 (freehold & business)
  • 07 Feb 2014
    Listed for Sale $3,950,000 FREEHOLD &

Commute Calculator

About Mount Melville 6330

The size of Mount Melville is approximately 2.9 square kilometres. It has 5 parks covering nearly 32% of total area. The population of Mount Melville in 2011 was 1,079 people. By 2016 the population was 1,084 showing a population growth of 0.5% in the area during that time. The predominant age group in Mount Melville is 60-69 years. Households in Mount Melville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Melville work in a professional occupation. In 2011, 53.6% of the homes in Mount Melville were owner-occupied compared with 58% in 2016.

Mount Melville has 740 properties. Over the last 5 years, Houses in Mount Melville have seen a 67.73% increase in median value, while Units have seen a 71.07% increase. As at 31 January 2025:

  • The median value for Houses in Mount Melville is $538,469 while the median value for Units is $423,237.
  • Houses have a median rent of $500 while Units have a median rent of $290.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Mount melville on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Mount melville.

Suburb Insights for Mount Melville 6330

Market Insights
Mount Melville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Melville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.