Agency sells ex-branch to developer

The property is near the South Western and Albany highway intersection.

A heritage protected home opposite a Perth Hills Visitor Centre, in Armadale, has sold to a developer planning a childcare centre investment.

At 36 Jull Street, the 2322 square metre elevated site is trading for $865,000 ex-GST.

The property is next door to a bulky goods showroom tenanted to Harvey Norman, Red Dot and Supercheap Auto.

For the bulk of the last decade, the 275 sqm 1950s dwelling was occupied as Ray White agency Southern Star.

Josh Sumner and Enrique Reyes from that agent’s commercial business, sold it for a local investor and business owner (story continues below).

“A childcare use has been approved and a new development will rise on the site that will retain the heritage building architecture and keep most of the trees – providing a point of difference compared to any other childcare centre in the district,” Mr Sumner said.

“The asset attracted a lot of interest from developers who were looking to activate the city centre precinct in line with the Metronet extensions”.

Near the intersection of the South Western and Albany highways, the site’s zoning meant it could also have made way for, amongst other things, a medical centre, office or restaurant.

Armadale is about 30 kilometres south east of Perth.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco