Who will Recognise the Value & Prosper
20 Burns Road, ARMADALE WA 6112
This property needs to be sold and the owner is offering it for sale at a remarkable price of $1,085,000 which in my opinion is substantially below replacement cost.
(Cost owner over $1,450,000 to buy land and build)
The property is currently fully leased to quality tenants for $70,000 per annum (GROSS) which is a great holding income in this quite time.
Concrete Tilt panel construction and only about 6 years old this represents bargain buying based on what it would cost you to buy the land and construct the building.
A green title block of 2265m2 with a 1020 m2 of building that consists for 2 units both over 500 sqm each including about 40m2 of office space.
Building could be strata titled and sold independently by new owner as well.
Get in quick as this is outstanding value and wont last long!
Contact Mike Dunsmore on 0413 754 110 today to arrange your viewing!