Opportunity awaits the keen buyer of these 2 properties, located in the heart of the Armadale CBD.
With the R-ACO under the city's draft structure plan for the city's activity centre, the opportunity for commercial lower level and up to an addition 4 floors of residential makes for a significant piece of real estate.
The Councils intent for this section of Church and William is as follows.
'The William Precinct will be developed as one of several residential quarters, accommodating apartment buildings with a range of dwelling sizes, along with support facilities
for the increasing residential population. Mixed use activity will be focused along Church Avenue, reinforcing its role as a secondary activity corridor within the city centre. Mixed use and commercial activity will also interface with the Justice Sub-Precinct, home to the new combined court house and Police complex'.
https://www.armadale.wa.gov.au/armadale-city-centre-structure-plan-and-car-parking-strategy
https://maps.armadale.wa.gov.au/IntraMaps_Attachments/TPS4_Amendments/TPS4_Amendment_No_103.pdf
Types of development within the Semi-active edges:
Convenience store
Educational establishment
Office
Restaurant
Medical Centre
Consulting Rooms
Comprising of 2 titles with 33 William currently tenanted and 35 William currently vacant.
Don't let this opportunity pass contact Grant Wilson today on 0405141530
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 148.53% increase in median value, while Units have seen a 119.92% increase. As at 31 July 2024:
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