475 Albany HighwayOrana WA 6330
Property Details for 475 Albany Hwy, Orana
Last Listing description (December 2018)
CBRE Western Australian Retail Investments, as exclusive selling agents, are pleased to offer Coles Orana, a superb freestanding supermarket in Albany, the agricultural and historical hub of Western Australia.
Located just 4.5km* from Albany Town Centre, the supermarket is strategically located on Albany Highway, the major freight route between Perth and Albany, and benefits from exposure to over
21,000* vehicles per day. The centre provides the most convenient supermarket in the regional town of Albany and caters to the high volumes of passing traffic, tourist population and to the
The newly built Coles supermarket and Liquorland is a modern, purpose-built supermarket and liquor store situated on a large 2.91Ha* site with 254 car bays and an approved DA to allow for 658sqm* of additional specialty retail.
Strong income security backed by a 15 year net lease to Coles plus 4 x 10 year options and expected income growth from the turnover rent makes this investment a once in a generation opportunity.
*approx
Property History for 475 Albany Hwy, Orana, WA 6330
- 20 Jul 2020Sold for $1,182,500
- 28 Sep 2018Listed for Sale By Negotiation
- 20 Nov 2017Sold for $532,473
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0About Orana 6330
The size of Orana is approximately 2.4 square kilometres. There are 4 parks, covering nearly 6.6% of the total area. The population of Orana in 2016 was 2050 people. By 2021 the population was 2035 showing a population decline of 0.7% in the area during that time. The predominant age group in Orana is 10-19 years. Households in Orana are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a trades occupation.In 2021, 59.10% of the homes in Orana were owner-occupied compared with 60.90% in 2016.
Orana has 1,027 properties. Over the last 5 years, Houses in Orana have seen a 117.50% increase in median value, while Units have seen a 113.25% increase. As at 31 July 2026:
- The median value for Houses in Orana is $685,029 while the median value for Units is $586,362.
- Houses have a median rent of $600.
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