|Address||1280 Armadale Road, Armadale|
|Asking Net Rental||$230.00 per square metre (exclusive of GST)|
|Site Area||6.22 hectares|
|Net Lettable Area||From 592 to 1,400 square metres|
|Car Parking||261 parking bays available (approx.)|
|Outgoings||Estimated at $45.85 per square metre per annum (plus GST)|
Stimulated by a surging popluation in Perth's south eastern corridor, the above centre is adjacent to Coles Supermarket, which includes 21 specialty stores, service station, take away food operators, medical centre and a limited number of purpose built showrooms.
Stage Two (2) will be an extension of the showrooms heading south with all the parking facets already in place. The completed centre will be finished to a high standard and features large billboard style signage and is easily accessible with over 200 onsite car bays.
Armadale is located 25 kilometres south east of the Perth CBD in one of WA's fastest growing areas. The existing population of approximately 64,583 is set to almost double over the next 20 years. The subject site borders the largest residential growth pocket in WA, the land directly west and south of the Centre will eventually have up to 40,000 new residents, a population equivalent to regional Bunbury.
Armadale Road is a major thoroughfare connecting the eastern population to the Kwinana Freeway and onto Cockburn to the west, which has just been upgraded by a $160 million grant from the Federal Government The Centre offers outstanding exposure to over 120,000 vehicles per week, benefiting from Armadale Roads position as a main arterial route.