SOLD
Sold on 17 Apr 2024 for $462,000

19/443 Albany Highway
Victoria Park WA 6100

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 152m2
Land area: 206m2
Sold By
Russell White
Park Property Residential Commercial
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Property Details for 19/443 Albany Hwy, Victoria Park

Building Type
Commercial
Year Built
1973
Floor Size
152m2
Land Size
206m2
Local Government
Victoria Park
Lot/Plan
19/S021006

Last Listing description (May 2024)

SECOND CHANCE - MORE OFFERS WANTED Located in the heart of Victoria Park, surrounded by retail, shops, cafes and the post office. The Victoria Park Centre is the premier mixed-use commercial building in the local area, with many large and established businesses as your neighbours. With its refurbished facade and street entry, abundant parking and solar panels on the roof, this building has a bright future, and an enormous underlying landholding for future potential.

Will suit many uses; ideal to expand your business into your own premises, a great opportunity to transform to your own requirements.
Currently approved as a dance studio, STCA it may suit a similar use, or is ideal for an office or consulting rooms.

For investors this would suit someone looking to add-value, or reimagine.

* Unit 19 is located on the first floor with access from both Albany Hwy and McMillan Street.
* 152sqm of actual internal area + 4 allocated car bays on the strata plan.
* Currently used as a dance studio, its open plan design allows for many future uses.
* There is a large open plan area, plus a large separated office and separate utility room.
* A prominent entrance and glass facade is perfect to highlight your business.
* Common amenities on the same level for staff and customers. Male and female toilets, plus a lunch room.
* Lots of off street parking for staff and customers.
* 4 near new split system air conditioners.

On the market for the first time in almost 20 years, don't miss out on this exclusive opportunity to purchase.

Vacant possession is offered at settlement.
The sellers are registered for GST, therefore GST will be payable in addition to the purchase price.

Russell White 0419 903 598. russell@parkproperty.com.au

Property Code: 1042

Property History for 19/443 Albany Hwy, Victoria Park, WA 6100

A timeline of how this property has performed in the market
Last Sold
$462,000
17 Apr 2024
  • 17 Apr 2024
    Sold for $462,000
  • 05 Jul 2023
    Listed for Sale Second Chance $399,000 - $449,000 (+ GST)
  • 20 Apr 2001
    Sold for $125,000
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About Victoria Park 6100

The size of Victoria Park is approximately 2.6 square kilometres. It has 16 parks covering nearly 12.7% of total area. The population of Victoria Park in 2011 was 8,539 people. By 2016 the population was 8,779 showing a population growth of 2.8% in the area during that time. The predominant age group in Victoria Park is 20-29 years. Households in Victoria Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victoria Park work in a professional occupation. In 2011, 44% of the homes in Victoria Park were owner-occupied compared with 43.8% in 2016.

Victoria Park has 5,744 properties. Over the last 5 years, Houses in Victoria Park have seen a 65.75% increase in median value, while Units have seen a 66.91% increase. As at 31 October 2024:

  • The median value for Houses in Victoria Park is $1,004,008 while the median value for Units is $531,727.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 30 properties listed for sale, and 11 properties listed for rent in Victoria park on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Victoria park.

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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.