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982-986 Albany Highway, East Victoria Park WA 6101

Sold price: $4,500,000 Sold: 07 Oct 2022
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 2,395m2
House
982-986 Albany Highway, East Victoria Park WA 6101

SUPER OPPORTUNITY

Ideal investment for self managed superfund or investor.

Reliable income with potential future growth in rent and future development opportunity!

24 TWO BEDROOM APARTMENTS
• 982-986 Albany Highway, East Victoria Park
• 3 storey complex of 24 two bedroom units on one title
• 2,395 square metres of prime land
• Zoned Residential/Commercial - Town of Victoria Park Planning Scheme No.1 "Urban"- Metropolitan Region Scheme
• Fully tenanted returning $338,732 gross rent per annum

FOR SALE BY EXPRESSIONS OF INTEREST
Closing date 4pm on 7th October 2022 unless sold prior.

For more information please call Rick Lombardo on 0419 918 888 or Jane Lombardo on 0420 948 734

FOR YOUR SAFETY COVID19 PROTOCOLS APPLY

Property snapshot by reiwa.com

This property at 982-986 Albany Highway, East Victoria Park is a two bedroom, one bathroom house sold by Jane Lombardo at Realty One Winthrop on 07 Oct 2022.

Looking to buy a similar property in the area? View other two bedroom properties for sale in East Victoria Park or see other recently sold properties in East Victoria Park.

Nearby schools

0.5km
Carson Street School
  • Combined
  • Specialist
1.1km
Millen Primary School
  • Primary
  • Government
1.1km
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East Victoria Park overview

Established in 1885, East Victoria Park is a predominantly residential suburb with a commercial and entertainment strip along Albany Highway. Significant development of the area did not begin until the 1960s and 1970s with gradual increases experienced during the 1990s as new homes and businesses were added to the area. 

Life in East Victoria Park

Though predominantly a residential area, the commercial and entertaining strip along Albany Highway provides a bustling urban environment for residents and visitors alike. With restaurants to satisfy any palate, as well as old-fashioned pubs and hip bars, this lively strip is active any time of day. Also within East Victoria Park are recreational facilities like Aqualife Centre and Leisure Life Centre, Park Centre, which is a shopping complex, and several schools.

East Victoria Park quick stats

High end $1.1m
Median $850k
Low end $705k
11.8 %
Annual growth
$850k
Annual median sales price
$700pw
Annual median rental price

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982-986 Albany Highway, East Victoria Park was sold by Jane Lombardo at Realty One Winthrop.

You can contact the agent here.

982-986 Albany Highway, East Victoria Park sold on 7/10/2022 for $4,500,000.
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