This is priced to sell. Set at a price that will take you right back to 2019 before the Perth property market went BOOM! This home is sure to impress any investor or future home buyer who knows what great value looks like. Currently tenanted by an excellent tenant who has been in the home for over a decade. This property is zone R40, which means you can potentially subdivide it subject to application. Scroll down for more information.
IT'S TENANTED
The tenant is excellent and the tenancy has been running for over a decade and is in place until June 2022 at $280 per week. While you're getting the approval to subdivide it, someone is here paying the rent and keeping it in good condition.
INSIDE
Not bad!
Not amazing…But pretty reasonable. It hasn't been renovated anytime in the past 30 years but it is all very functional. The main living room is of a good size and leads through to the meals area and the very functional kitchen. The bedrooms are all of a decent size with the master bedroom featuring a large built-in robe and the secondary rooms also being of a decent size. The bathroom has been partly updated having been fully retiled in the last couple of months.
OUTSIDE
Well this is where it's at. The outside area is excellent if you are look to development its also excellent if you are looking for a big bag yard. The block size is 690sqm block. The house is positioned to allow an area to the left of it, of around 250sqm. Its zoned R40 and the average lot size of 220sqm. Yeah you could do something here I reckon. Read down for more information.
TELL ME ABOUT THE R40 THING
This isn't an extract from the planning guidelines, but it's a rough guide to how it all works. Definitely ask a town planner before making a decision about any property that you may want to subdivide because they're able to give advice, the following is just a broad explanation of things.
So, if you look at most properties around and check the zoning you'll normally see something like R15/25, or R25/40. Basically, the way the zoning bit works is that each code has some minimum requirements you need to meet if you want to subdivide. The most significant starting point being the minimum size of the new lot you want to create.
With the something/something zoning, you can potentially subdivide at the requirements of the larger number (meaning a smaller lot size which means you have a better chance of subdivision being approved). If it's got the "slash" in the zoning it means you need to apply to the council and THEN apply to the Western Australian Planning Commission. It's kind of like asking Dad, and then being told to ask your Mother.
When you see a straight R40 zoning it means Dad said yes and that's that, no need for two levels of agreement. Under the R40 guidelines, your minimum lot size is 180sqm, there is about 260sqm available at the rear.
WHERE IT IS
Its right opposite the Dale Cottages Retirement Village. Its also really easy access to Armadale Senior High School, you can walk to the Armadale train state and super close to the Armadale shopping Centre with all of its many specialty stores, supermarkets and more. You can walk to virtually everything from this location. Appealing as a home, appealing as an investor.
WHAT NEXT
If you'd like to see this home for yourself this can be arrange by appointment. Hit the email agent button at the bottom of this webpage and we will be touch to set up a time for you to view this exceptional opportunity for yourself.
