10/24 Vale Street, Malaga, WA 6090 sold on 15 August 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 15 Aug 2026 for $460,000

10/24 Vale Street
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 100m2
Land area: 100m2
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Property Details for 10/24 Vale St, Malaga

Building Type
Commercial
Year Built
1994
Floor Size
100m2
Land Size
100m2
Local Government
Swan
Lot/Plan
10/S027244

Last Listing description (October 2026)

SOLD. With buyers still actively searching, we urgently need more commercial and industrial properties to sell.

Here's a fantastic opportunity to secure a tidy commercial investment in the heart of Malaga's thriving industrial precinct.

This well-presented 100sqm* strata unit is currently leased at $600 per week gross (lessor pays all outgoings), with the lease secured until 31 January 2028, offering immediate, hassle-free rental income from day one.

RATES:
Water: $1,639.85 approx. annually
Strata: $703.30 Quarterly
Council Rates: $2,360 annually

Property features:
Total area of approx. 100sqm*
Spacious 91sqm* workshop/warehouse with convenient roller door access
Separate 9sqm* office space
3 Phase Power
SOlar Panels
Ample common parking available at both the front and rear of the complex
Well-maintained complex with quality neighbouring businesses
Prime Vale Street location with easy access to Malaga's main arterial roads
GST Applicable

Why invest here?
Malaga remains one of Perth's most tightly held industrial hubs, with strong demand from tradies, workshops, storage operators, and small manufacturing businesses. With a quality tenant already in place and a lease running until early 2028, this is a genuine set-and-forget investment or the perfect chance to secure your future business premises with income in the meantime.

Opportunities at this price point in Malaga don't last long!

For further details or to arrange an inspection, contact Suresh Sama on 0452 512 396.

Disclaimer: All measurements are approximate and all information contained herein has been provided to us by the owner or obtained from sources we believe to be reliable. While we have no reason to doubt its accuracy, First National Real Estate and its agents provide no guarantee or warranty, express or implied, as to its correctness. Interested parties should make their own enquiries and rely on their own investigations to verify all information, including lease details, measurements, zoning, and outgoings, and should seek independent legal and financial advice before proceeding with any purchase.

Property History for 10/24 Vale St, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$460,000
15 Aug 2026
Listed for Rent
$383/w
22 Jan 2026
  • 15 Aug 2026
    Sold for $460,000
  • 08 Jul 2026
    Listed for Sale SOLD SOLD SOLD
  • 13 Jan 2026
    Listed for Rent $20,000 / year
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About Malaga 6090

The size of Malaga is approximately 6.6 square kilometres. There are 7 parks, covering nearly 8.1% of the total area. The population of Malaga in 2016 was 6 people. By 2021 the population was 25 showing a population growth of 316.7% in the area during that time. The predominant age group in Malaga is 40-49 years. Households in Malaga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Malaga work in a machinery operators and drivers occupation.In 2021, 0.00% of the homes in Malaga were owner-occupied compared with 0.00% in 2016.

Malaga has 2,993 properties. Over the last 5 years, Houses in Malaga have seen a 103.95% increase in median value, while Units have seen a 115.98% increase. As at 31 August 2026:

  • The median value for Houses in Malaga is $724,282 while the median value for Units is $512,610.
There are currently 2 properties listed for sale, and 5 properties listed for rent in Malaga on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Malaga.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.