FOR SALE
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17 Carole Road
Maddington WA 6109

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 750m2
Land area: 1907m2
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Offers Invited

RWC WA is pleased to present 17 Carole Road, Maddington for sale as a leased investment.
The property provides a fantastic opportunity for investors to purchase 750sqm* of building on a 1,907sqm* parcel of land in the heart of Maddington.
The property comprises an approximate 750sqm* office/warehouse constructed on reinforced concrete floors, metal cladding elevations and a metal deck roof with intermittent translucent sheeting which provides an good amount of natural lighting. External to the warehouse is approximately 260sqm* of canopy and rear yard space perfect for additional undercover storage and lay down areas.
The property is currently tenanted by Elwood Timber Floor Pty Ltd who have a lease in place until 28 Feb 2027 with a further option to renew for five years. The current rental is $86,391.21pa plus GST and outgoings.
We note that the adjoining property at 15 Carole Road has also been listed for sale which is being offered to the market with vacant possession. Please contact the agent to discuss further should you have interest in this adjoining property also.
Key features for 17 Carole Road include:
• 1,907sqm* fenced and secure sites
• 750sqm* office/warehouse
• 260sqm* canopy
• Current rental of $86,391.21pa net
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Property Details for 17 Carole Rd, Maddington

Building Type
Commercial
Floor Size
750m2
Land Size
1907m2

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About Maddington 6109

The size of Maddington is approximately 10.8 square kilometres. It has 29 parks covering nearly 8.9% of total area. The population of Maddington in 2011 was 9,986 people. By 2016 the population was 11,359 showing a population growth of 13.7% in the area during that time. The predominant age group in Maddington is 30-39 years. Households in Maddington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddington work in a trades occupation. In 2011, 70% of the homes in Maddington were owner-occupied compared with 68% in 2016.

Maddington has 6,602 properties.

    There are currently 55 properties listed for sale, and 18 properties listed for rent in Maddington on OnTheHouse. According to CoreLogic's data, 331 properties were sold in the past 12 months in Maddington.

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    Chris Matthews
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    Liam Pittaway
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    RWC WA
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