2&3/42 Fourth Road, Armadale WA 6112
522m2
From $1,200,000
Prime Investment Opportunity
Fantastic opportunity to secure this tightly held, prime investment in one of Armadale’s best commercial streets.
2 units combined to make 522sqm of net lettable area with an amazing long term tenant in place with future option.
Located directly opposite the Armadale Shopping City Complex and less than 200m away from the new Armadale Train station which is due to open in October this year. Amazing street frontage with imeasurable amount of passing traffic each day.
Beautifully fit out inside with :
Reception area and foyer
9 Counselling rooms
Open plan office area
Kitchen
Storage rooms
Board room
4 x unisex customer toilets
2 x staff toilets
1 x ambulant toilet
The tenant has been in place since 2021 and has since signed an extension on the Lease till June 2026 with a further 2 year option.
Net return of $74,773.39 Per annum + GST + Outgoings with fixed 3% annual increases.
This property is sure to tick all the boxes for the astute investor
Call Cam Wilson today 0413737090 for all inquiries
Property ID: 1378262
Contact Agents
Professionals Armadale Real Estate
20 Forrest Road, Armadale WA 6112 | Phone 9399 2122