Fantastic opportunity to secure this tightly held, prime investment in one of Armadale's best commercial streets.
2 units combined to make 522sqm of net lettable area with an amazing long term tenant in place with future option.
Located directly opposite the Armadale Shopping City Complex and less than 200m away from the new Armadale Train station which is due to open in October this year. Amazing street frontage with imeasurable amount of passing traffic each day.
Beautifully fit out inside with :
Reception area and foyer
9 Counselling rooms
Open plan office area
Kitchen
Storage rooms
Board room
4 x unisex customer toilets
2 x staff toilets
1 x ambulant toilet
The tenant has been in place since 2021 and has since signed an extension on the Lease till June 2026 with a further 2 year option.
Net return of $74,773.39 Per annum + GST + Outgoings with fixed 3% annual increases.
This property is sure to tick all the boxes for the astute investor
Call Cam Wilson today 0413737090 for all inquiries
The size of Armadale is approximately 8.3 square kilometres. It has 38 parks covering nearly 8.1% of 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 7,301 properties. Over the last 5 years, Houses in Armadale have seen a 185.13% increase in median value, while Units have seen a 218.71% increase. As at 31 March 2026:
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