40 Coolamon Boulevard

Ellenbrook WA 6069

Offered to the market as a parcel of two lots, 40 & 42 Coolamon Blvd is a strategically-located and meticulously-managed asset, giving the option of opportunity to an investor purchaser or owner-occupier. Superbly positioned at the intersection of Coolamon Blvd and Mornington Parkway, this area boasts abundant green spaces nearby and plenty of front street parking, with further exclusive and common/communal parking at your back door.The new Metronet Morley-Ellenbrook Rail Line is well underway, and Metronet states that passengers travelling by train directly from Ellenbrook station to the Perth CBD will have a journey time of just 30 minutes - half the current travel time for local residents using public transport. Lot 40 comprises a two-storey commercial premises with fully partitioned fit out to suit medical/consulting or office type uses. The two floors are independent workspaces but can easily be joined to be used as one. Lot 42 has a long-standing lease in place to the Impact Community Church, with the original lease taking effect in May of 2017. A new lease from August 2022 is collecting $32,869 pa (plus GST + Outgoings) with annual rent reviews, and expires in 2025 with a further option of 3 years. There's never been a better time to consider this as your next investment or business location. With a new Ellenbrook rail connection on the horizon, get your ticket to Ellenbrooks future.If you're seeking a fresh new space for your business, with an accompanying income-producing asset - contact Alex Taylor or Tom Jacob from Realmark Commercial today.*Note that the transaction for Lot 40 will attract GST, Lot 42 is leased and so GST will not apply to the transaction as a 'Going Concern'