12 Inverness StreetMalaga WA 6090
Property Details for 12 Inverness St, Malaga
Last Listing description (August 2019)
Axia Corporate Property is pleased to present 12 Inverness Street, Malaga now Sold.
The arrival of the property to the market represents a superb opportunity for an owner occupy and/or investor to secure a freehold parcel or land with solid improvements and an income stream, in the well established and highly regarded commercial/industrial precinct of Malaga.
More specifically, the offering comprises a complex or two (2) adjoining units for a total improved area of 455sqm* situated on 1280sqm* of Land.
Investment highlights:
- Freehold Offering
- Solid improvements of Circa 455sqm*
Unit A - 227.5 sqm* plus 75sqm* on the yard
Unit B - 227.5 sqm* plus 75sqm* on the yard
- Extensive street frontage of 32m*
- Unit B is Leased till 30th June 2020
- Programmed rental reviews to leased unit
- Ability to owner occupy immediately
- Strategic central Malaga position
- Concrete parking/hardstand area
- Secure fenced property
Lease details available on request.
Whilst locational attributes are numerous, the property's strategic and convenient location, some 12km North East of Perth CBD, with superb proximity and accessibility to major transport thoroughfares such as Roe Highway, Alexander Drive, Marshall Road and numerous others, is unrivaled in many aspects.
For further information please contact Franco Gangemi on 0418 930 504.
*Approx.
Property History for 12 Inverness St, Malaga, WA 6090
- 27 Mar 2019Sold for $725,000
- 25 Sep 2018Listed for Sale Offers from $849,000 (Sold as a going concern)
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0About 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 2,991 properties. Over the last 5 years, Houses in Malaga have seen a 114.03% increase in median value, while Units have seen a 108.99% increase. As at 31 May 2026:
- The median value for Houses in Malaga is $711,750 while the median value for Units is $542,298.
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