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14 Jull Street Armadale, WA 6112

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14 Jull Street,
Armadale, WA 6112

Shops & Retail • Offices • Medical & Consulting

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Redevelopment Potential & Holding Income- Price Reduction

Price has just been adjusted by $51,000.

The heading says it all and over 7.5% return

O'Neil Real Estate is proud to offer for sale this strategic landmark property that has been in the one family since 1953.
This will be a rare chance for the astute buyer to acquire a little investment gem that has not been to the market for nearly 60 years.

This extremely high profile site situated at the junction of Albany Highway, South West Highway and Armadale Road enjoys the best possible exposure of any property in the district and will enable the buyer to capitalise on the continuing population growth of Armadale.

The site is 1386m2 (approx) of land and 280m2 (approx)of building and is currently zoned Strategic Regional Centre.

Located at the entry to Armadale this property has enormous potential for intensive commercial & residential development and with over $68,000 per annum nett of holding income available this is a developers gem.

This underdeveloped site has 250m2 of building that is currently broken into four (4) retail tenancies.The 4 tenancies range from mid to long term leases and currently attract over $68,000 per annum in holding income.

A great rental return, strategic landmark location with development potential , this property has it all so contact Mike Dunsmore for an inspection and further information.

Mike Dunsmore 0413 754 1...

Property ID: 500437739Last Updated: 13 Dec 2013

04137541...
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14 Jull Street
Armadale, WA 6112
O'Neil Real Estate - KELMSCOTT
2925 Albany Highway
KELMSCOTT, WA 6111

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