FOR SALE
$255,000

3/27 Strickland Street
Denmark WA 6333

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 87m2
Land area: 87m2
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Commercial Opportunity Awaits!

Explore this vibrant commercial property nestled in the heart of Fig Tree Square, offering an opportunity for savvy investors. Currently tenanted until August 2025 with a 3-year option to extend, this property offers a solid foundation for investment
With a current rent of $11,340 + VO's and a CPI adjustment due in August 2024 it enjoys excellent exposure to Strickland Street, attracting a steady flow of customers to the existing, well established business.
Join a thriving community of businesses with six other popular shops in the complex, fostering collaboration and mutual success. Priced competitively at $255,000, this property presents an attractive option for investors seeking to diversify their portfolio.
Seize the opportunity to secure a valuable asset in this busy commercial complex. Contact us today to schedule a viewing and explore the potential of this exciting investment!
Note: All kitchen items (except the sink), bar and lights are owned by the tenants.

Property Details for 3/27 Strickland St, Denmark

Building Type
Commercial
Floor Size
87m2
Land Size
87m2

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About Denmark 6333

The size of Denmark is approximately 17.5 square kilometres. It has 13 parks covering nearly 5.4% of total area. The population of Denmark in 2011 was 2,280 people. By 2016 the population was 2,639 showing a population growth of 15.7% in the area during that time. The predominant age group in Denmark is 60-69 years. Households in Denmark are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Denmark work in a professional occupation. In 2011, 56.4% of the homes in Denmark were owner-occupied compared with 61.5% in 2016.

Denmark has 2,007 properties. Over the last 5 years, Houses in Denmark have seen a 85.36% increase in median value, while Units have seen a 15.08% increase. As at 30 November 2024:

  • The median value for Houses in Denmark is $615,026 while the median value for Units is $331,728.
  • Houses have a median rent of $498 while Units have a median rent of $310.
There are currently 21 properties listed for sale, and 4 properties listed for rent in Denmark on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Denmark.

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Leisha Davis
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Dennis Davis
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