Offering harbour views and a leading R30-zoned corner location within Albany's CBD, this property presents a unique opportunity from a business or future residential perspective. The character C1934 building is surrounded by classic and contemporary residential properties and is leased on a self-managed basis as a successfully run cafe, at a sound $1,837.32 per month, increasing to $2,512 per month in May, 2022, the lease expiry date is May 2025 with a further 3 year option. Original features include solid jarrah floors, dados and an ornate fireplace, a huge main and intimate dining room, office/storeroom, modern powder room, and a meeting room. The facade and veranda's provide an early century dining experience for the many visitors who frequent this historic icon, the building is in excellent condition and appears structurally sound.For more detailed information or to arrange a private viewing please contact Les Ralston on 0417 092 950.
The size of Albany is approximately 2.4 square kilometres. It has 6 parks covering nearly 8.1% of 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 1,373 properties. Over the last 5 years, Houses in Albany have seen a 91.44% increase in median value, while Units have seen a 96.47% increase. As at 31 March 2026:
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