Secure a rock-solid investment with this long-term leased front-office incorporating, restaurant, reception, laundry and storage in one of Albany's most popular retirement villages. With a 7 x 7 x 7 year lease in place until 2030 with annual CPI increases, this established eatery has a loyal following and a prime position in a high-growth seaside town.Better still, you will have a brilliant commercial investment which maintains a monopoly, with a permanent tenant forever in this premiere retirement village.- 209sqm purpose-built restaurant/cafe/reception/office/laundry, plus alfresco dining- Returning over $45,000 per annum net. 7 x 7 x 7- Sought-after Albany location with exceptional growth- Offers over $649,000 - Sold as a going concernRare opportunities like this don't last! Secure your slice of Albany's thriving hospitality scene today.Disclaimer: All particulars, photographs, videos, plans and information provided on this website are for general informational purposes only and do not constitute any representation or warranty by the vendor or agent. While every effort has been made to ensure the accuracy, completeness, and currency of the information presented, these are a collection of views and thoughts only. It is not intended to be legal, financial, or real estate advice in any shape or form. Users are strongly encouraged at all times to conduct their own due diligence and seek independent professional advice tailored to their individual circumstances before making any legal, financial, or property-related decisions.
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 849 properties. Over the last 5 years, Houses in Centennial Park have seen a 110.47% increase in median value, while Units have seen a 140.74% increase. As at 30 June 2026:
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