The Property:
Constructed in 2014, 18 Dawson Street East Arm presents as an exceptional property in near new condition. The property comprises an 8,460sqm allotment which is fully concrete sealed providing extensive hard stand, access and undercover parking. Improvements include impressive high grade office space with reception, open plan work area, multiple offices, boardroom, amenities and staff room. Mezzanine office space and store is situated above. To the rear of the office there is an open plan high clearance workshop with a series of six roller doors which provide abundant access and good cross flow ventilation. At the rear and side of the main work shop are two extensive awnings which are currently used for external workshop operations. Whilst currently used as a welding / fabrication workshop, the versatile building design means the property is also suited to warehouse, logistics and distribution applications. JMT Builders have completed all construction and finishes to the highest of standards.
The Investment:
The size of East Arm is approximately 11.8 square kilometres. The population of East Arm in 2011 was 7 people. By 2016 the population was 6 showing a population decline of 14.3% in the area during that time. The predominant age group in East Arm is 20-29 years. Households in East Arm are primarily childless couples and are likely to be repaying over $2000 per month on mortgage repayments. In general, people in East Arm work in a managers occupation..
East Arm has 184 properties. Over the last 5 years, Units in East Arm have seen a 29.28% increase in median value. As at 31 October 2024:
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