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20 Burns Road Armadale, WA 6112

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20 Burns Road,
Armadale, WA 6112

Warehouse, Factory & Industrial

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Who will Recognise the Value & Prosper

This property needs to be sold and the owner is offering it for sale at a remarkable price of $1,085,000 which in my opinion is substantially below replacement cost.
(Cost owner over $1,450,000 to buy land and build)

The property is currently fully leased to quality tenants for $70,000 per annum (GROSS) which is a great holding income in this quite time.

Concrete Tilt panel construction and only about 6 years old this represents bargain buying based on what it would cost you to buy the land and construct the building.

A green title block of 2265m2 with a 1020 m2 of building that consists for 2 units both over 500 sqm each including about 40m2 of office space.

Building could be strata titled and sold independently by new owner as well.

Get in quick as this is outstanding value and wont last long!

Contact Mike Dunsmore on 0413 754 1... today to arrange your viewing!

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
04137541...
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20 Burns Road
Armadale, WA 6112
O'Neil Real Estate - KELMSCOTT
2925 Albany Highway
KELMSCOTT, WA 6111

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