- Prime location zoned 'Regional Centre'- Secure long term lease- Modern and brightWellington & Reeves is pleased to present this well-tenanted commercial investment opportunity in one of Albany's most sought-after mixed-use precincts. The efficient layout offers a secure lease in place until December 2029, providing investors with a reliable income stream. The property is surrounded by well-established commercial businesses and is positioned close to the Albany foreshore, restaurants, entertainment venues, and the CBD. The strata unit benefits from excellent parking, ground-floor accessibility, and an abundance of natural light throughout, making it an attractive option for investors seeking a low-maintenance, high-profile commercial asset in a thriving regional hub.Council Rates - $1,483.37 per annum Strata Levies - $3,959.04 per annum Water Rates - $1,060.32 per annumPlease contact Justin Tidbury on 0407 625 291 for more information.
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 1,376 properties. Over the last 5 years, Houses in Albany have seen a 109.35% increase in median value, while Units have seen a 115.51% increase. As at 30 June 2026:
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