CORNER BLOCK - RETAIN AND BUILD OPPORTUNITY
Looking for a savvy investment opportunity in Armadale? Look no further than this incredible corner block with retain and build potential!
INSIDE:
The house is move-in ready and has been freshly painted, and with new blinds, and flooring as needed. Solid brick and tile home, generous room sizes and good layout. Two modern split system air conditioners and built in robes.
ZONING:
The property is currently zoned R15/25 but as a corner block, you'll get a density bonus making this a R30 block with a minimum block size of 260sqm. That means no wasted space on battle-ax driveways, you are looking at a street front retain and build subdivision. All subdivision is subject to council approval.
INVESTORS:
Investors, take note - this property is currently vacant and ready for a tenant. Current rental appraisal is $410-430 per week and properties in the area are renting out very quickly! If you are looking for a property manager, we are highly experienced in property management and more than happy to assist you with purchasing a stress free rental property.
LOCATION:
Located on a quiet cul-de-sac street, this property is just a stone's throw away from Sherwood Park, Armadale Central, and Sherwood Train Station. It's an ideal location for those looking for convenience.
Don't miss out on this incredible opportunity to invest in Armadale. Contact us today to schedule a viewing!
PROPERTY PARTICULARS:
• Build Year: 1978
• Block Size: 702 sqm
• Zoning: R15/25
• Council Rates: $1810/pa
• Water Rates: $ 955/pa
• Rental Appraisal: $410-430/week
(all values are approximated)
This property at 44 Cowan Street, Armadale is a three bedroom, one bathroom house sold by Ash Swarts at O'Neil Real Estate on 08 Apr 2023.
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.
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 data, key facts, demographics, statistics and local agent information to help you make a confident and informed decision.