SOLD
Sold on 08 Dec 2023 for $247,500

5/36-40 Commerce Avenue
Armadale WA 6112

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 102m2
Land area: 92m2
Sold By
Cameron Wilson
Armadale Real Estate
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Property Details for 5/36-40 Commerce Ave, Armadale

Building Type
Commercial
Year Built
1989
Floor Size
102m2
Land Size
92m2
Local Government
Armadale
Lot/Plan
5/S020265

Last Listing description (June 2024)

This 92sqm tenancy is ideally located on William Street surrounded by Government and private employment and health care providers. The complex is currently mainly occupied by office users however the location and zoning does allow for retail use. It is located a stones throw from Armadale's new train station which is currently under construction and offers great street frontage.

The property features freshly painted walls, good quality commercial carpet tiles throughout, upgraded lighting and ceiling tiles. , With ducted reverse cycle air conditioning, a split system unit, kitchenette and data points galore, this tenancy is ready to move straight in and get to work.

2 dedicated car bays plus customer parking and plenty of street parking coupled with public transport on your doorstep means your clients can easily reach you.

Outgoings are estimated at $10,214 per annum for the current financial year.

To arrange a viewing please contact the exclusive leasing agents RH Property.

Clive Norman 0403 804 119
Graeme Hopkins 0419 928 888

Property History for 5/36-40 Commerce Ave, Armadale, WA 6112

A timeline of how this property has performed in the market
Last Sold
$247,500
08 Dec 2023
Listed for Rent
$353/w
26 Jun 2024
  • 22 Apr 2024
    Listed for Rent $18,400 / year
  • 08 Dec 2023
    Sold for $247,500
  • 27 Nov 2023
    Listed for Sale $239,000 + GST if applicable
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About 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 7,227 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:

  • The median value for Houses in Armadale is $578,291 while the median value for Units is $434,163.
  • Houses have a median rent of $560 while Units have a median rent of $513.
There are currently 79 properties listed for sale, and 24 properties listed for rent in Armadale on OnTheHouse. According to CoreLogic's data, 557 properties were sold in the past 12 months in Armadale.

Suburb Insights for Armadale 6112

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.