6/36-40 Commerce AvenueArmadale WA 6112
Property Details for 6/36-40 Commerce Ave, Armadale
Last Listing description (November 2024)
Ron Farris Real Estate as exclusive agents are pleased to present to the market for sale Unit 6/36-40 Commerce Avenue, Armadale.PROPERTY HIGHLIGHTS- This 613m2* property is conveniently located within a busy commercial district with close proximity to Armadale train station, bus station and Armadale CBD.- The property contains a reception area, 6 training rooms, office area, kitchen/breakout area, male/female toilet facilities including accessible toilet. - Current tenant is South Metropolitan TAFE with a current lease in place until 31st December 2024.- Zoned Strategic Regional Centre/R-ACO under the City of Armadale.- This property will suit an investor looking to add a quality asset to their portfolio or an owner occupier looking for a prime location from which to operate their business.For further information, please contact the exclusive listing agent via the details below.*Approximate Measurements Only
Property History for 6/36-40 Commerce Ave, Armadale, WA 6112
- 15 Nov 2024Sold for $1,300,000
- 01 Feb 2024Listed for Rent - Price not available
- 23 Sep 2023Listed for Sale Price on Application
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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 7,240 properties. Over the last 5 years, Houses in Armadale have seen a 171.74% increase in median value, while Units have seen a 193.68% increase. As at 30 November 2024:
- The median value for Houses in Armadale is $579,011 while the median value for Units is $485,168.
- Houses have a median rent of $570 while Units have a median rent of $520.
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