Sold
1 Stepney Road, Armadale WA 6112
Listed price: $600,000
Sold: 22 Feb 2025
Sold
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3 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 1,088m2
House
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Prime Investment Opportunity: 1088 sqm Subdividable Corner Block
Discover an outstanding investment opportunity with this versatile 1088 sqm R15/25 subdividable corner block. Perfectly positioned, this property offers both stability and potential for future development. A dependable tenant has occupied the space for over 10 years, generating a robust income of $500 per week on a periodic lease. This long-term occupancy speaks volumes about the property's appeal and secure cash flow.
Situated in a thriving area, you'll appreciate the close proximity to shopping centers, reputable schools, and convenient public transport options, ensuring that everyday necessities and lifestyle amenities are just moments away. Whether you're an investor looking for a reliable income stream or considering future development opportunities, this property provides an ideal foundation for success.
Don't let this exceptional opportunity slip away—contact us today to schedule a viewing and explore the potential this property has to offer.
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 1 Stepney Road, Armadale is a three bedroom, two bathroom house sold by Jia Wu at Heritage Realty on 22 Feb 2025.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Armadale or see other recently sold properties in Armadale.
Nearby schools
Armadale overview
Are you interested in buying, renting or investing in Armadale? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Armadale offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Armadale quick stats
High end
$600k
Median
$560k
Low end
$514k
This listing
32.5 %
Annual growth
$560k
Annual median sales price
$580pw
Annual median rental price
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