What an opportunity we have here to purchase a prime site in a brilliant location in the Jull Street mall two doors down from the pedestrian entrance to the Armadale Shopping Centre. Located only a 100m or so from the newly developed Armadale Train Station the site suits retail operations, strategic offices, medical centre as well as eateries.
The property is ripe for redevelopment but also has excellent holding income (currently $30,960pa) so it may also suit investors who would prefer to hold.
Land Area 483m2 (BUILDING and CAR PARKING bonus's available STCA)
The property is also part of the proposed Armadale Activity Centre Structure plan.
The current Building on the property is approx 150m2 and is broken into three (3) tenancies as follows;
Unit 1 (41m2) - Leased until 19/06/2027 + 3 year option @ $7380 pa plus outgoings
Unit 2 (31m2) - Leased until 14/09/2026 + 1 year option @ $5580 pa Plus outgoings
Unit 3 (80m2) - Leased until 20/12/2028 + no options @ $18000pa Plus outgoings
This is a great opportunity at a great price for a boutique development.
Take advantage now contact Brian O'Neil 0409 870 970 to discuss and arrange viewings
The size of Armadale is approximately 8.3 square kilometres. There are 38 parks, covering nearly 8.1% of the total area. The population of Armadale in 2016 was 13619 people. By 2021 the population was 13415 showing a population decline of 1.5% in the area during that time. The predominant age group in Armadale is 20-29 years. Households in Armadale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armadale work in a trades occupation.In 2021, 54.30% of the homes in Armadale were owner-occupied compared with 54.80% in 2016.
Armadale has 7,309 properties. Over the last 5 years, Houses in Armadale have seen a 181.92% increase in median value, while Units have seen a 180.78% increase. As at 31 July 2026:
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