2&3/42 Fourth Road, Armadale

Offices - medical or consulting rooms - Property ID: L36076831

Building Size: 522 m2

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

Agent Information
Cameron Wilson
Director/Auctioneer
Agency Information

Professionals Armadale Real Estate

A: 20 Forrest Road, Armadale 6112 WA

P: 9399 2122

F: 9497 1119

E: info@armadalerealestate.com.au

W: www.armadalerealestate.com.au

List on iProperty.com.au

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