Welcome to this fantastic opportunity to purchase a medical/consulting property in the heart of Armadale. Located at 11 & 12/42 Commerce Avenue, this 91sqm space is perfect for a range of professional services, currently leased as a photo studio.
With a price guide of from $295,000, this property offers great value for those looking to establish or expand their property portfolio. The property features ample space for consultation rooms, reception areas and more. With a current tenant in place on long Term lease paying $24,000 per annum rent plus VO.
Don't miss out on this chance to secure a property in a sought-after area. Contact us today to arrange a viewing and make this property yours!
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 7,225 properties. Over the last 5 years, Houses in Armadale have seen a 154.40% increase in median value, while Units have seen a 135.21% increase. As at 31 August 2024:
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