23 Albany HighwayAlbany WA 6330
Property Details for 23 Albany Hwy, Albany
Last Listing description (May 2022)
This property has homed the Albany Branch of ANZ for over 40 years. Located in the CBD of the regional city of Albany, W.A.Renovations and fit out were recently completed at the cost of $1.8 million. There are twelve car bays plus a further forty-one City of Albany car bays adjoining.Located on 996m2 of Regional Centre zoned land. The building comprises 353.4m2 gorund floor offices, teller stations and general public area. On the first floor of 22.1m2 is toilet and kitchen facilities. The building is constructed of brick, with new metal deck roof. New air-conditioning units were installed as part of the recent $1.8 million dollar renovations and fit out.Current five-year lease expiring 22nd February 2026 with two further options. Current rent $119,480.04 P.A. plus outgoings, plus GST.With an A list tenant, and prime CBD location in a thriving regional centre. 23 Albany Highway offers a great opportunity for the astute investor.
Property History for 23 Albany Hwy, Albany, WA 6330
- 20 Apr 2022Sold for $2,050,000
- 25 Mar 2022Listed for Sale Contact Agent
- 26 May 2012Sold for $1,700,000
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0About Albany 6330
The size of Albany is approximately 2.4 square kilometres. There are 6 parks, covering nearly 8.1% of the total area. The population of Albany in 2016 was 1313 people. By 2021 the population was 1403 showing a population growth of 6.8% in the area during that time. The predominant age group in Albany is 60-69 years. Households in Albany are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany work in a professional occupation.In 2021, 66.80% of the homes in Albany were owner-occupied compared with 61.70% in 2016.
Albany has 1,374 properties. Over the last 5 years, Houses in Albany have seen a 110.13% increase in median value, while Units have seen a 141.93% increase. As at 31 May 2026:
- The median value for Houses in Albany is $887,129 while the median value for Units is $488,167.
- Houses have a median rent of $690 while Units have a median rent of $360.
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