2&3, 42 Fourth Road,
Armadale, WA 6112
Medical & Consulting
Key property information
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Map of 2&3, 42 Fourth Road
Prime Investment Opportunity
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 04137370... for all inquiries
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 04137370... for all inquiries
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
04137370...
2&3, 42 Fourth Road
Armadale, WA 6112
Armadale Real Estate - 20 Forrest Road
ARMADALE, WA 6112
ARMADALE, WA 6112
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