SOLD by Aman Singh 0430883582
Note - **All Offers are Taken Via Openn Negotiation Platform. The sale Campaign is a Private Treaty & NOT an Auction, so the seller reserves the right to sell the property to any buyers of their choice.**
**PRICE GUIDE - Similar properties in the area have sold between $830k-$860k & offers are expected in/around/within that range**
Seize a premier investment or development opportunity at 58A Fifth Road, Armadale. Sitting on a massive "quarter-acre" allotment, this property is a rare find in one of Perth's most high-growth corridors. Boasting high-density R40 zoning and unique dual street frontage, this site is perfectly primed for a multi-dwelling or townhouse project that maximises yield and accessibility.
• Development & Land Highlights
- Enormous 1,012m² Allotment: Secure a full quarter-acre of prime Armadale real estate. This expansive land size provides the perfect canvas for a significant residential development.
- High-Density R40 Zoning: The strategic R40 coding allows for higher-density residential projects, making it an ideal site for multiple villas or high-yield townhouses (Subject to Council Approval).
- Dual Access (Fifth Rd & Sexty St): A standout feature of this long, rectangular block is its dual street access. With entry points from both Fifth Road at the front and Sexty Street at the rear, developers can create sophisticated designs with separate entrances, enhancing the privacy and value of each dwelling.
- Cleared & Connected: All essential services-including Power, Water, and Internet-are already available and connected, ensuring a smoother transition into the planning and construction phases.
• Investment & Holding Potential
- Immediate Rental Income: The property features an existing 3-bedroom dwelling that is currently rented. This provides a steady cash flow to offset holding costs while you navigate the planning and approval stages.
- Lucrative Growth Suburb: Armadale has solidified its position as one of Perth's most lucrative suburbs for investors, offering exceptional value and strong capital growth potential.
• Premier Location & Connectivity
- Walking Distance to Transport: Situated just minutes from the newly upgraded Armadale Train Station, offering a swift and seamless 40-minute commute to the Perth CBD.
- Vibrant Town Centre: Enjoy being moments away from the bustling Armadale Shopping City precinct, featuring major retailers, department stores, and essential services.
- Lifestyle Amenities: Everything you need is at your doorstep, including the Farmers Fresh Market, local chemists, bakeries, and a diverse range of dining options and restaurants.
Whether you are an experienced developer looking for your next multi-unit project or a savvy investor seeking a high-yield land bank, 58A Fifth Road is your golden ticket. High-density blocks with dual access are a rare commodity-act fast!
DISCLAIMER:-
**Photos from previous Sales/Rental listings may have been used to protect the tenant/seller's privacy. The actual property condition may be different in reality.**
**Virtual Furniture Staging has been used in the photos. The images of the furniture at the property have been digitally altered or enhanced.**
**This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on it and should make their own independent inquiries.
**The Best Realty Group have endeavoured to ensure the information is true and accurate, but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements.
**Reference to a school does not guarantee the availability of that particular school.
**ALL distances are estimated using Google Maps. Prospective purchasers should enquire with the relevant authorities to verify the information in this advert.
**ALL boundary lines and sizes on imagery are APPROX only.**
