1,240 square metres of land is a very big block, and this is one very big opportunity.
Now, let's get one thing clear. This is move-in ready, but only on the condition that you're ready to move into a house that needs a heck of a lot of work. Murphy's Law states that if it can go wrong, it will go wrong, and everything that could go wrong probably has with this one. We've had termites, we've had too many trees, and we've had a few too many missed opportunities to take advantage of verge-side collection. However, this is now leaving you with a chance to get into the market with a great-value home.
LIVING HERE
It was built sometime in the '40s, and there's more than a little bit of character to this one. Timber floors, high ceilings, and plenty of spaces to make a whole lot nicer than they are right now. You've just got to have the vision to make it work.
Now, I could drone on and on about what needs doing, how to do it, and why it's such great value, but you can see that for yourself in the very detailed video tour that gives you a room-by-room rundown of everything that's on offer. It really does stand as one of the best opportunities to secure a very large block of land with some very real potential. If you're looking at the house and going, "Yeah, nah," well, that's okay, because even at block value, there's a lot of reasons to get excited about this one.
WHERE IT IS
The location is honestly pretty awesome. We're just minutes away from public transport, with the bus running along Albany Highway, and it's an easy walk to Challis Train Station. There's also easy walking distance to gyms, restaurants, daycare centres and medical services. It's honestly such a practical location.
FREQUENTLY ASKED QUESTIONS
It seems like a huge block. Can I subdivide it?
Answer: If it was up to me, the answer would be yes. However, I'm not in charge of these things, so I suggest you speak to the good folks at the City of Armadale. You can call them on 08 9394 5000. The zoning certainly indicates that this block has some serious opportunity, and being in such a prime location, it's definitely worth investigating.
It looks like it needs a lot of work. Are they open to offers?
Answer: Yes. I told you it needs a lot of work, and yes, they are open to offers. All offers over $579,000 will be looked at.
Can I rent it out like it is?
Answer: I guess so, but I don't think you'll get a particularly good rental return for it. You'd probably want to give it a bit of a spruce-up beforehand. But in theory, yes, you can.
It looks pretty bad. Will they be fixing it before they sell?
Answer: NO!
It's being sold on an as-is, where-is basis. It's priced like it is because it is what it is. If it wasn't what it is, it would be priced like it isn't. It's a pretty unreal opportunity.
WHAT NEXT?
Check out the video and see if you've got what it takes. And then come and see it in person, either at the advertised home open or get in touch and we can set up a viewing by appointment.
This property at 2989 Albany Highway, Kelmscott is a two bedroom, one bathroom house listed for sale by Mark Grogan at O'Neil Real Estate.
For more information about Kelmscott, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Kelmscott profile page.
If you would like to get in touch with Mark Grogan regarding 2989 Albany Highway, Kelmscott, please call 0499 969 919 or contact the agent via email.
Kelmscott is a mixed-use residential, industrial, rural and commercial suburb located 25 kilometres southeast of Perth. The suburb was one of the very early towns established in the Swan River Colony and was named after Kelmscott, Oxfordshire, the birthplace of the first Anglican clergyman in the colony, Thomas Hobbes Scott (1783–1860). Established in 1830, Kelmscott's most rapid growth period was in the 1960s and 1970s.
Though close to the lively Armadale City Centre, Kelmscott is a quiet suburb nestled among the numerous parks and reserves that pepper its landscape. The Kelmscott Town Centre is the main commercial sector with the Kelmscott Plaza and Stargate Kelmscott Shopping Centre all located here. There is also a railway station and four local schools in Kelmscott.