An Income Producing Asset with the Option to Occupy
Sold In February 2024
An Income Producing Asset with the Option to Occupy
40 Coolamon Boulevard, ELLENBROOK WA 6069
What to like
Offered to the market as a parcel of two lots, 40 & 42 Coolamon Blvd is a strategically-located and meticulously-managed asset, giving the option of opportunity to an investor purchaser or owner-occupier. Superbly positioned at the intersection of Coolamon Blvd and Mornington Parkway, this area boasts abundant green spaces nearby and plenty of front street parking, with further exclusive and common/communal parking at your back door. The new Metronet Morley-Ellenbrook Rail Line is well ...
Offered to the market as a parcel of two lots, 40 & 42 Coolamon Blvd is a strategically-located and meticulously-managed asset, giving the option of opportunity to an investor purchaser or owner-occupier.
Superbly positioned at the intersection of Coolamon Blvd and Mornington Parkway, this area boasts abundant green spaces nearby and plenty of front street parking, with further exclusive and common/communal parking at your back door.
The new Metronet Morley-Ellenbrook Rail Line is well underway, and Metronet states that passengers travelling by train directly from Ellenbrook�station to the Perth CBD will have a journey time of�just 30 minutes - half the current travel time for local residents using public transport.�
Lot 40 comprises a two-storey commercial premises with fully partitioned fit out to suit medical/consulting or office type uses. The two floors are independent workspaces but can easily be joined to be used as one.
Lot 42 has a long-standing lease in place to the Impact Community Church, with the original lease taking effect in May of 2017. A new lease from August 2022 is collecting $32,869 pa (plus GST + Outgoings) with annual rent reviews, and expires in 2025 with a further option of 3 years.
There's never been a better time to consider this as your next investment or business location.�With a new Ellenbrook rail connection�on the horizon,�get your ticket to Ellenbrooks future.
If you're seeking a fresh new space for your business, with an accompanying income-producing asset - contact Alex Taylor or Tom Jacob from Realmark Commercial today.
*Note that the transaction for Lot 40 will attract GST, Lot 42 is leased and so GST will not apply to the transaction as a 'Going Concern'
Read more
Read less
Superbly positioned at the intersection of Coolamon Blvd and Mornington Parkway, this area boasts abundant green spaces nearby and plenty of front street parking, with further exclusive and common/communal parking at your back door.
The new Metronet Morley-Ellenbrook Rail Line is well underway, and Metronet states that passengers travelling by train directly from Ellenbrook�station to the Perth CBD will have a journey time of�just 30 minutes - half the current travel time for local residents using public transport.�
Lot 40 comprises a two-storey commercial premises with fully partitioned fit out to suit medical/consulting or office type uses. The two floors are independent workspaces but can easily be joined to be used as one.
Lot 42 has a long-standing lease in place to the Impact Community Church, with the original lease taking effect in May of 2017. A new lease from August 2022 is collecting $32,869 pa (plus GST + Outgoings) with annual rent reviews, and expires in 2025 with a further option of 3 years.
There's never been a better time to consider this as your next investment or business location.�With a new Ellenbrook rail connection�on the horizon,�get your ticket to Ellenbrooks future.
If you're seeking a fresh new space for your business, with an accompanying income-producing asset - contact Alex Taylor or Tom Jacob from Realmark Commercial today.
*Note that the transaction for Lot 40 will attract GST, Lot 42 is leased and so GST will not apply to the transaction as a 'Going Concern'
Who to talk to
Book an inspection
By submitting your enquiry you agree to our privacy policy and terms and conditions.
NULL
Get to know the area
While care is taken, this information is sourced from third parties and public sources, and areas and distances are approximate.
Buyers should conduct their own investigations, as no warranty is given, and details may change.
Who to talk to
Book an inspection
By submitting your enquiry you agree to our privacy policy and terms and conditions.