3 Exhibition Drive, Malaga, WA 6090 | Property Value & History | OnTheHouse
OFF MARKET

3 Exhibition Drive
Malaga WA 6090

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 222m2
Land area: 1666m2
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Property Details for 3 Exhibition Dr, Malaga

Building Type
Commercial
Floor Size
222m2
Land Size
1666m2
Local Government
Swan
Lot/Plan
72/P017782

Last Listing description (August 2023)

THE PROPERTY:
Knight Frank is pleased to offer 3 Exhibition Drive, Malaga for Sale. This property consists of 2 tenancies, one being leased to a Quick Service Restaurant (Pita Pit) and a vacant Showroom/Office which was previously tenanted by a Retail Bank. The Net Lettable Area in total is 652.2 sqm.

THE LOCATION:
The property is located just off Alexander Drive within the Malaga Commercial and Industrial Estate, with frontages to both Exhibition Drive and Bonner Drive. Beach Road intersects with Alexander Drive, approximately 100 metres from the subject property. Alexander Drive is a major arterial road and a direct connection to the Perth CBD (approx. 11 kms south), and Reid Highway (approx. 2.5 kms south), which connects to the Mitchell Freeway (west) and Tonkin Highway (east) road networks. Neighbours being the Malaga Markets and a new potential Industrial Development off 10 Bonner Drive.

Key Features:
- Partially Leased Investment Property. Ideal for Owner Operator.
- Vacant Showroom used to be an Ex Banking Cambers with the - Full Fit Out
- Ample car parking lots
- Strategic Location

Unit 1 Pita Pit (Net Lettable Area of 221.3 m2)
Lease Term from Feb 2017 Feb 2027
Net Rent - $37,800 p.a.

Unit 2- Vacant (Net Lettable Area of 430.9 m2)
Guaranteed Rental Return offered by the owner.
3 years commencing from Settlement of Property.
Net Rent - $77,000 p.a.

Property History for 3 Exhibition Dr, Malaga, WA 6090

A timeline of how this property has performed in the market
Last Sold
$1,580,000
20 Sep 2022
Listed for Rent
$1.44k/w
25 May 2022
  • 20 Sep 2022
    Sold for $1,580,000
  • 10 Nov 2021
    Listed for Sale Contact Agent
  • 12 May 2021
    Listed for Rent $75,000 / year
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About Malaga 6090

The size of Malaga is approximately 6.6 square kilometres. It has 7 parks covering nearly 8.1% of 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 single parents and are likely to be repaying $2400 - $2999 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 2,985 properties. Over the last 5 years, Houses in Malaga have seen a 118.12% increase in median value, while Units have seen a 90.94% increase. As at 28 February 2026:

  • The median value for Houses in Malaga is $670,664 while the median value for Units is $515,513.
There are currently 1 property listed for sale, and 3 properties listed for rent in Malaga on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in Malaga.

Suburb Insights for Malaga 6090

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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.