O'Neil Real Estate & Allied Property Consultants are pleased to bring to the market this Strategic Commercial Asset.
Rarely do these quality assets come to the market so now is your chance to buy a part of the Armadale Central Business District (CBD)

This is a very well located strategic asset in the heart of the City Centre nestled between the two large shopping centres that dominate the CBD landscape.

The property is a two story Brick & Iron roof complex consisting of the following:

• Land Area 413m2
• Total Building Area 519m2

The two story building complex comprises the following:

• 3 downstairs office/retail/medical room ( 1 leased 2 x vacant )

Unit 1 91m2 -vacant
Unit 2 79m2 -leased ($25467pa)
Unit 3 100m2 -vacant

• 3 upstairs office/medical rooms (3 x vacant )

Unit 4 91m2- vacant
Unit 5 71m2- vacant
Unit 6 87m2- vacant

The property is priced right for an owner occupier with over 84.7 % of the building (440m2) ready for you to occupy with the balance available in due course.

For the investor buy now with some holding income as you work on new tenants in the vacant units.
Fully leased this building will show a healthy return getting close to 10 %

A rare opportunity in the CBD so contact Mike Dunsmore from O'Neil Real Estate 0413 754 1... or Bryan Cousins from Allied on 0419 950 054