Gorman Commercial FOR SALE

59A & 61 Armadale Street & 12 Fetherston Street, Armadale

auction

VERSATILE CORNER OPPORTUNITY IN BLUE CHIP LOCATION

Auction: Friday 20th September at 12 noon on-site

Rare opportunity to acquire this exceptional freehold investment with three separate tenancies including longstanding and well-known tenant, Coin Laundry Cafe.

* Current income: $124,518 pa + GST + outgoings
* Potential rental uplift with a current vacant office tenancy of 80 sqm approx.
* Combined frontage of 35 metres (Armadale Street - 15 metres, Fetherston Street - 20 metres)
* Directly opposite Armadale Train Station and 200 metres to High Street retail
* Three (3) separate titles to be offered as one

Located within the affluent suburb of Armadale, this unique offering is within close proximity to excellent public transport and a variety of lifestyle amenity.

Listing Highlights

  • Current income: $124,518 pa
  • Potential rental uplift
  • Combined frontage of 35 metres

Property Details

Asset Type
Retail
Building Area
212 m2*
Price
Contact Agent

Tom Maule

0401 636 049

tmaule@gormancommercial.com.au