1 Stepney Road, Armadale WA 6112
Sold price: $580,000
Sold
Sold: 22 Feb 2025
3 Bedrooms
2 Bathrooms
1 Car
Landsize 1,088m2
House
Contact the agent
Jia Wu
0433221565
Heritage Realty
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
Nearby schools
| Armadale Senior High School | Secondary | Government | 0.5km |
| Armadale Education Support Centre | Secondary | Specialist | 0.5km |
| Gwynne Park Primary School | Primary | Government | 0.9km |
| Gwynne Park Education Support Centre | Primary | Specialist | 0.9km |
| Dale Christian School | Combined | Non-government | 1.0km |
| Neerigen Brook Primary School | Primary | Government | 1.2km |
| John Calvin Christian College | Secondary | Non-government | 1.3km |
| Xavier Catholic School | Primary | Non-government | 1.6km |
| Australian Christian College - Darling Downs | Primary | Non-government | 1.7km |
| Pioneer Village School | Primary | Non-government | 1.8km |