“3 lots Subdivision Prime Investment - Retain, Subdivide and Prosper at this corner block”
Sold by Lucy Deng, with 10+ property development and sales experience. Bilingual Agent, fully unlock the potential of the property and get you the best result!
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Discover the perfect investment at 8 Cambell St, Armadale! This property offers an exceptional opportunity with its generous 941 sqm corner block, can apply the higher zoning of R30 under Local Planning Scheme No. 4, allowing for a potential 3-lot subdivision. The most attractive feature? You can retain the existing house while subdividing a block with its own frontage (subject to WAPC approval; buyers are encouraged to conduct their own due diligence).
Property Features:
- Solid double brick 4 Bedrooms, 1 Bathroom, plus a second WC (Toilet) house:** This home features four spacious bedrooms, a well-laid-out kitchen, and two living areas, providing plenty of space for comfortable living.
- Large Entertainment habitable area: The property includes a massive 41 sqm of added habitable area-fully council approved. currently utilized as a rumpus/theatre room, offering versatility and the potential to convert it into a granny flat.
- Investment Potential: With existing tenants in place on a 12-month lease, paying $590 per week until June 15th, 2025, this property provides immediate rental income.
Please note that the spa is currently not operational, outdoor BBQ is not operational.
Location and Accessibility:
Located approximately 30 kilometers southeast of Perth's central business district, Armadale is easily accessible within a 30-minute drive via the Albany Highway, Kwinana Freeway, or Tonkin Highway. The suburb is also well-serviced by public transport, featuring frequent train services and bus routes connecting to the CBD.
Investment Potential:
Armadale's real estate market has experienced consistent growth in recent years, making it an attractive investment destination. The Western Australian government has plans to invest significantly in the areas infrastructure, including upgrades to the train station and improvements to the road networks. These enhancements are expected to further boost property values.
With its affordable housing options and a variety of amenities, Armadale is becoming increasingly popular among homebuyers and investors. The anticipated infrastructure developments make it a promising prospect for those looking to invest in Western Australia's property market.
Disclaimer:
Although diligence has been taken, this information is provided for introduction purposes only and is based on
information provided by the seller, and it may be subject to change. No warranty or
representation is made as to its accuracy and interested parties should inspect the property and do their own due diligence to verify the information.

Air Conditioning

Broadband

Built-in Robes

Courtyard

Fully Fenced

Living Areas: 2

Outdoor Entertaining

Reverse Cycle Aircon

Rumpus Room

Secure Parking

Shed

Toilets: 1
Potential Granny Flat, Subdividable, Retain and build, reverseCycleAirCon
Area: 941m²
Frontage: 27m²
Crossover: right
Depth: 37 at left
Depth: 37 at rear
Depth: 27 at right