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33 Stone Street Armadale, WA 6112

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33 Stone Street,
Armadale, WA 6112

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

Tenure type

Private inspections

to arrange a private inspection.

Map of 33 Stone Street

Directions
  • Train stations within 5 km of 33 Stone Street, Armadale, WA 6112Distance
    Aemadale Station2.4 km
    Armadale Stn Armadale 22.4 km
    Armadale Stn Armadale 12.4 km
    Armadale Station2.5 km
    Sherwood Station4.2 km
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  • Bus stops within 5 km of 33 Stone Street, Armadale, WA 6112Distance
    South Western Hwy Before Rails CR430 m
    South Western Hwy After Stone St656 m
    South Western Hwy Before Moore St694 m
    South Western Hwy After Moore St831 m
    South Western Hwy Before Stone St868 m
    POWERED BY HERE ©
POWERED BY HERE ©

5.3ha Landholding Over Four Adjoining Allotments

  • 5.3ha site
  • Surplus buildings & land
  • 10 year lease (portion of site)
CBRE is pleased to offer 33 Stone Street and 6-10 Eliot Road, Armadale for sale.

The property is utilised by Swan Materials for concrete manufacturing and storage of raw materials and comprises a variety of buildings across the four allotments including office accommodation, open warehouse buildings and extensive hardstand areas. The property has low site coverage of 9%.

The property comprises 4 adjoining allotments with frontage to both Eliot Road and Stone Street, approximately 20 kms south east of the Perth CBD in the suburb of Armadale. The site offers excellent connectivity to the major arterial road networks including Tonkin Highway and South Western Highway. Armadale serves as a vital link between metropolitan Perth and regional markets, making it a prime location of industrial development and investment.

Key Features:
+ Partially utilised by Swan Materials for the manufacturing of concrete and storage of raw materials
+ Strong covenant, part of ASX listed construction materials company (ASX:ABC)
+ Triple net passing income of $219,274 pa with fixed annual increases of 3.25%^
+ Total GLA: approximately 4,834 sqm
+ Surplus buildings and land of 39,404 sqm available for occupation or redevelopment (STCA)
+ Multiple entry and exit points along Eliot Road and Stone Street
+ Zoned General Industrial in an established industrial precinct
+ Immediate access to major arterials including the South Western Highway and Albany Highway and will benefit from the Westport project infrastructure upgrades
+ Suit owner occupiers, developers and investors



^Market review in Year 5 with a collar and 7% cap, Market review at option with a collar and no cap
*All figures approximate

Armadale, 6112 demographic data

The median household income for Armadale is $1,020, 45% lower than Greater Perth's household income of $1,865. Armadale has an older age profile compared to the rest of Greater Perth (median age 39 vs 37). Property ownership data shows 53% of property owners in Armadale have a mortgage.

13,415
Population
$1,020 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
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33 Stone Street
Armadale, WA 6112

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