OFF MARKET

434 Albany Highway
Orana WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3000m2
Land area: 9943m2
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Property Details for 434 Albany Hwy, Orana

Building Type
Commercial
Year Built
1980
Floor Size
3000m2
Land Size
9943m2
Local Government
Albany
Lot/Plan
14/D023847

Last Listing description (December 2016)

Boasting a high profile location at the main gateway into the regional city of Albany, this modern, fully fenced and gated 9,940sqm property zoned Other Commercial presents a key investment opportunity.
Streetfront exposure to potential passing trade 24/7 is just one of the major drawcards this property affords. The zoning also allows for a variety of business enterprises from warehousing or workshops to the service industry.
There are three large industrial brick and iron industrial buildings that provide a total of approx. 3,000sqm of concrete floor space.

Shed 2 is leased to a well-established tenant at $43,340pa + GST, while sheds 1 and 3 are available to lease back to the current owner for six months at $? P.A + GST plus outgoings.
The entire developed area of the site includes sealed driveways, access and parking. Undeveloped land at the rear provides the potential to extend the facilities even further. The 50.2 metre wide frontage of the property allows easy access to plenty of customer parking and excellent access to the buildings and yard for heavy vehicles.
Shed 1 features an office and reception area, staff kitchen, mezzanine, storeroom and two huge high clearance display/warehouse areas with excellent service and delivery access. The entire floor area totals approx. 1,100sqm.
Parking and vehicle access separates shed 1 from shed 3, which also boasts an approx. 1,100sqm floor area plus side and rear heavy vehicle access and mezzanine. A wide central driveway separates these sheds from shed 3, which offers a separate large storage or vehicle parking area with rear access, vast workshop space with dual side vehicle access, front office and reception area, toilets, staff kitchen and mezzanine.

Property History for 434 Albany Hwy, Orana, WA 6330

A timeline of how this property has performed in the market
Last Sold
$290,000
23 Aug 1993
  • 07 Jul 2016
    Listed for Sale $2,700,000
  • 16 Jun 2015
    Listed for Sale $2,700,000
  • 12 Jan 2015
    Listed for Sale $2,700,000
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About Orana 6330

The size of Orana is approximately 2.4 square kilometres. It has 4 parks covering nearly 6.6% of total area. The population of Orana in 2011 was 2,009 people. By 2016 the population was 2,075 showing a population growth of 3.3% in the area during that time. The predominant age group in Orana is 0-9 years. Households in Orana are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a labourer occupation. In 2011, 57.8% of the homes in Orana were owner-occupied compared with 60.9% in 2016.

Orana has 1,016 properties. Over the last 5 years, Houses in Orana have seen a 83.18% increase in median value, while Units have seen a 18.33% increase. As at 31 October 2024:

  • The median value for Houses in Orana is $471,607 while the median value for Units is $308,478.
  • Houses have a median rent of $490.
There are currently 7 properties listed for sale, and 1 property listed for rent in Orana on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Orana.

Suburb Insights for Orana 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.