This exceptional industrial property comprises of over 5,000sqm* of land with warehouse/workshops of approx. 560sqm*. A rare opportunity for investors, developers and owner occupiers to purchase an industrial lot of this dimension and with access to a State Route main road - Offered as Vacant Possession.
Land area: 5,086sqm* (1.26 acres*)
Improvements: Total 563sqm*
Local authority: City of Armadale
Zoned: Industrial Business - Town Planning Scheme No.4: within the Special Control Area (Brickwork Buffer)
Title references: Certificate of Title Volume 2193 Folio 429 described as Lot 5 on Strata Plan 37807
Rates and taxes: Council rates: $9,130.15 (2023-24)
Water service charge: $300.30 (2023-24)
Land tax: $584.45 (2023-24)
Strata levy: $3,723.40 (2023-24)
Conditions of sale: Subject to a Lease to Dale Stone Paving Pty Ltd trading as Dale Stone Landscape Solutions Pty Ltd terminating on 30 June 2024 and Leases for the Phone Tower.
For further information or to arrange an inspection contact:
Victor Aloi
RWC WA
M: 0404 808 012
E: victor.aloi@raywhite.com
*Approximately
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 7,226 properties. Over the last 5 years, Houses in Armadale have seen a 170.70% increase in median value, while Units have seen a 147.73% increase. As at 31 October 2024:
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