2/212 Albany HighwayCentennial Park WA 6330
Property Details for 2/212 Albany Hwy, Centennial Park
2/212 Albany Hwy, Centennial Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 71m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (August 2022)
This is an investment opportunity not to be missed. As a self-funded retiree or someone looking for a positive cash flow investment, you can know exactly how much money you will be taking home at the end of each month for the next few years to come.
Currently operating in the final term of a lease expiring in August 2028, the asset returned more than $14K to owners in the last financial year. Future management options include keeping the lease as it is, renegotiating the current lease or negotiating purchase with vacant possession.
Facing east and located high in the complex, this tastefully upgraded 2x1 unit in the well run and nicely maintained 'Banksia Gardens' serviced apartments complex catches the morning sun in droves.
Sliding door entry is into airconditioned, welcoming and fresh open plan living/dining, with kitchenette facilities at the far end. Opposite is an open doorway to the bedrooms and combined bathroom/laundry.
Bedrooms are well appointed with carpet, BIRs, desk top surface and windows dressed with drapes and blinds. The bathroom is spacious, with shower, WC and vanity with washing machine underneath. Everything is in great order and unlikely to require upgrade any time soon.
A veranda running along the front of the unit links dedicated carport parking to entry into the apartment.
Fully furnished and equipped by the Lessee, this asset will produce income from the outset. Established resort letting processes take care of the daily grind of managing the unit, yet still provide owners with opportunity to negotiate holiday stays in Albany.
An on-site restaurant provides easy dine-in options for guests. Local shops, boutique pubs and eateries in the CBD are a short 2km walk or drive away. All tourist attractions and activities are within easy reach of the resort.
Viewing is by appointment only, and I welcome hearing from you soon.
- Zoned R30/50 Tourist Residential
- City Rates $1211pa
- Water Rates $1325pa
- Strata Levy and Maintenance Contribution $1560pa
Property History for 2/212 Albany Hwy, Centennial Park, WA 6330
- 24 Oct 2021Sold for $185,000
- 21 Oct 2021Listed for Sale Not Disclosed
- 18 Sep 2020Listed for Sale $159,000
Recent sales nearby
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About Centennial Park 6330
The size of Centennial Park is approximately 2.0 square kilometres. There is 1 park, covering nearly 28.0% of the total area. The population of Centennial Park in 2016 was 641 people. By 2021 the population was 689 showing a population growth of 7.5% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Centennial Park work in a community and personal service occupation.In 2021, 51.20% of the homes in Centennial Park were owner-occupied compared with 53.80% in 2016.
Centennial Park has 850 properties. Over the last 5 years, Houses in Centennial Park have seen a 104.56% increase in median value, while Units have seen a 151.86% increase. As at 31 July 2026:
- The median value for Houses in Centennial Park is $794,914 while the median value for Units is $555,301.
- Houses have a median rent of $405 while Units have a median rent of $450.
Suburb Insights for Centennial Park 6330
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