Reiwa Reiwa
2989 Albany Highway, Kelmscott WA 6111

2989 Albany Highway, Kelmscott WA 6111

From $579,000


2 Bedrooms

1 Bathroom

1 Car

Landsize 1,240m2

House

Contact the agent

Mark Grogan

0499969919

O'Neil Real Estate


1,240SQM OF LAND. ONE VERY BIG OPPORTUNITY. FROM $579,000!

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.

Property features

  • Garages 1
  • Toilets 1

Cost breakdown

  • Council rates: $1,530 / year
  • Water rates: $929 / year

Nearby schools

Good Shepherd Catholic Primary School Primary Non-government 0.8km
Kelmscott Senior High School Secondary Government 0.8km
Kelmscott Primary School Primary Government 0.9km
Sowilo Community High School Secondary Non-government 0.9km
Kingsley Primary School Primary Government 1.0km
Clifton Hills Primary School Primary Government 1.8km
Grovelands Primary School Primary Government 1.9km
Westfield Park Primary School Primary Government 2.1km
Challis Community Primary School Primary Government 2.2km
John Wollaston Anglican Community School Combined Non-government 2.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5070195