1/290 Victoria Road, Malaga, WA 6090

Offices | Retail | Industrial

Sold $650,000

  • Property ID: 339285
  • Floor Area: 573m²
  • Land Area: 418m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 573m2 418m2 N/A
Below Market Offering

Ray White Commercial (WA) is pleased to present for sale & Lease 1/290 Victoria Road, Malaga.

The property really does offer more than meets the eye with excellent presentation, flexible office | showroom | warehouse variation and surplus parking with 18 exclusive car bays. The assets flexibility will ensure the building is versatile for all real estate markets and well-positioned for future earnings with the ability to separate entry points allowing for multiple tenancies or a holding income while occupying.

The street front, 2 level building with a 573sqm footprint has a terrific street presence and makes the most of its prime exposure to a busy arterial connector, Victoria Road.

Property Particulars include:

- 155sqm First-floor office which has had all the hard work done for you with 3 separate
offices, boardroom, storeroom, reception and its own m&f amenities including kitchen.

- 125sqm Ground floor open plan showroom/office with direct carpark access, suspended
ceilings and split system air conditioning

- 240sqm Ground floor warehouse has mostly been used for storage and includes an electric
roller door, highbay lighting and 3 phase power

- Ground floor amenities positioned between the showroom and warehouse including m&f toilets
and kitchen

- 18 dedicated car bays positioned to the front of the property

- 3 Separate tenancy options with dedicated entries if required

- High-level alarm and camera security

- Excellent complex security with electric security gate, perimeter fencing and floodlights

- Office furnishing available upon request


3 SEPARATE TENANCY OPTIONS AVAILABLE WITH SEPARATE ENTRIES
The property can be offered to a sole tenant or separate and diverse leasehold tenancies, with each tenancy having dedicated entries and would cater for 1, 2, or 3 tenancies, from $26,000 per annum + Outs + GST

The owner is prepared to meet the market and wants to do a deal!

Property Outgoings Estimated at $13,157.62

For further information or to arrange an inspection please contact:

Tom Jones
Ray White Commercial (WA)
M:0478 771 117
E:tom.jones@raywhitecommercial.com

*approximately

Malaga Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $123 ---
Offices $2156 $265 12.31%
Industrial $2265 --- ---
This is the average advertised price, rent and yield for Malaga, WA 6090*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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