11 Boas Avenue, Joondalup, WA 6027

Offices
|Medical/Consulting
|Land/Development
For Sale | Offers Invited | Closing 19 June 25
For Sale | Offers Invited | Closing 19 June 25
Published on: 21 May 2025
Last updated on: 27 May 2025
11 Boas Avenue, Joondalup, WA 6027
11 Boas Avenue, Joondalup, WA 6027
11 Boas Avenue, Joondalup, WA 6027
+18
11 Boas Avenue, Joondalup, WA 6027
  • 18
Property ID: 504865736
Translate to English

Key property information

Land Size
2,366.00 m2
Zoning
Centre
Floor Area
965.00 m2

FULLY TENANTED INVESTMENT, IMMEDIATE DEVELOPMENT UPSIDE, COMMONWEALTH GOVERNMENT TENANT

11 Boas Avenue, Joondalup, WA 6027
Altegra Property Group are proud to offer this fully leased investment with further, immediately available development upside to the market For Sale, located directly opposite one of Perth’s largest shopping centres.

FOR SALE via OFFERS TO PURCHASE - Closing 4pm AWST 19th June 2025 (unless sold prior)

11 Boas Avenue, Joondalup offers a unique investment opportunity, in a tightly held market, that will suit passive investors, developers and long term "holders" of A-grade property assets.


Key Investment Features include:

- Long term lease to Commonwealth Government tenant (making up approx. 75% of the rental income)
- Other tenants on site include H&R Block and an NDIS operator
- Current passing rent of $478,946pa + Outs + GST
- WALE of 6.95 years (by income)
- Land area of 2,366m2
- Current DA Approval for an additional 400m2 lettable area to be constructed on the site
- Prime location directly opposite Lakeside Joondalup Shopping Centre
- Located in Joondalup's "Centre" zone, with no building height restrictions on development 


The property currently consists of 2 conjoined buildings with a total NLA of 965m2 approx., 22 car bays on site and an undeveloped courtyard area. In December 2023 the seller successfully obtained a DA Approval to develop a further circa 400m2 of NLA on the northwest corner of the site. A full set of plans are available via the property dataroom.

Joondalup is a thriving urban hub located approximately 25 kilometres north of Perth, Western Australia. Designed as a strategic metropolitan centre, Joondalup offers a well-planned mix of commercial, residential, retail, healthcare and educational property, making it one of Perth’s most dynamic property growth areas. This is a tightly held market where property of this quality is rarely offered to market for sale. 

Method of Sale: 

FOR SALE via OFFERS TO PURCHASE - Closing 4pm AWST 19th June 2025 (unless sold prior)


For more information or to discuss submission of an offer, please contact Anthony Morabito at Altegra Property Group.

Property Details

Basic Info

Property Type
OfficesMedical/ConsultingLand/Development
Listing Status
On Market
Land Size
2,366.00 m2
Address
11 Boas Avenue, Joondalup, WA 6027
Anthony Morabito
Anthony Morabito
Level 7, 12 St George's Terrace, Perth, WA 6000
Get in touch
Report this page

Contact Agent

Email enquiry to Altegra Property Group - Perth

Anthony Morabito
Anthony Morabito
Level 7, 12 St George's Terrace, Perth, WA 6000
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504865736

      Original Property ID: 504865736
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.