11/42 Commerce AvenueArmadale WA 6112
Property Details for 11/42 Commerce Ave, Armadale
Last Listing description (July 2014)
Entry Level Leased Investment
CNI Commercial is pleased to offer for sale; Units 11 & 12, 42 Commerce Avenue, Armadale.
This property is leased to a national franchised photography company with 11 studios in Australia.
Positioned towards the front of a 12 unit strata complex, the subject property has a kitchenette with common male and female amenities.
- Lease term of: 5 years plus 2 further options for 5 years + 5 years
- Passing net rent of approximately $30,000pa
- NLA of 91sqm
- Tenant and visitor parking at the front of the property
- Well presented fit out
For further information please contact:
Colin Pang
Leasing & Sales Representative
D + 61 8 9226 3419
M + 61 401 138 108
E: cpang@cnicommercial.com.au
David Walser
Director of Leasing & Sales
Certified Practising Valuer (AAPI)
T: + 61 8 9226 3419
M: + 61 451 665 622
E: dwalser@cnicommercial.com.au
Property History for 11/42 Commerce Ave, Armadale, WA 6112
- 20 May 2024Sold for $305,000
- 05 Jun 2014Sold for $300,000
- 26 May 2014Listed for Sale OFFERS TO PURCHASE
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0About Armadale 6112
The size of Armadale is approximately 8.3 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Armadale in 2011 was 12,853 people. By 2016 the population was 13,607 showing a population growth of 5.9% in the area during that time. The predominant age group in Armadale is 20-29 years. Households in Armadale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Armadale work in a trades occupation. In 2011, 57.3% of the homes in Armadale were owner-occupied compared with 54.8% in 2016.
Armadale has 7,241 properties.
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