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61/113 Owtram Road, Armadale WA 6112

Sold price: $181,818 Sold: 19 Nov 2019
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 2 Cars
  • Landsize 25,642m2
Villa
61/113 Owtram Road, Armadale WA 6112

22 Modern Villas all Fully Leased in the Foothills

Once in a lifetime opportunity here to secure 22 superb villas in the best pocket of the Armadale foothills!

Built in 2015 by the current owners ,the villas are larger than the majority of the competition in the area and offer a mix of 2 and 3 bedroom villas boasting high quality fixtures and fittings with large living areas, generous block sizes and in a super central location minutes from both Armadale and Kelmscott CBD and super close to Armadale Hospital.

All 22 of the villas are leased and managed by O'Neil Real Estate and have always been hugely sought after by tenants with properties leased between $260 - $290/week ( Income and Expenditure Statements available for every unit)

A super versatile investment opportunity with each villa individually strata titled enabling them to be sold individually should the need arise. The units collectively rent for approx $312,000/year

The breakdown of the villas is below

• 17 Three Bedrooms One Bathroom ( 2 toilets ) with two living areas
• 5 Two Bedrooms Two Bathroom ( 2 toilets ) with one large living area.

Massive group discount has been applied (average $195,000 ) to the villas and expecting substantial interest.
Be quick to register your interest and request an Information Memorandum.

Con Mathews on 0402 235 535

Property features

  • Carports 2

Property snapshot by reiwa.com

This property at 61/113 Owtram Road, Armadale is a three bedroom, one bathroom villa sold by Con Mathews at O'Neil Real Estate on 19 Nov 2019.

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

0.8km
Kingsley Primary School
  • Primary
  • Government
1.2km
Armadale Primary School
  • Primary
  • Government
1.2km
Pioneer Village School
  • Primary
  • Non-government
Disclaimer

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 data, key facts, demographics, statistics and local agent information to help you make a confident and informed decision.

Armadale quick stats

High end $520k
Median $460k
Low end $403k
This listing
39.4 %
Annual growth
$460k
Annual median sales price
$570pw
Annual median rental price

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FAQ's

61/113 Owtram Road, Armadale sold on 19/11/2019 for $181,818.

The median house price in Armadale is $460,000, the median unit price is $350,000.
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