Stratton Realty proudly presents this outstanding investment opportunity in the heart of Camillo's Grovelands precinct-a property that offers immediate rental income, future development potential, and a location surrounded by growing infrastructure.
Set on a generous 826 sqm block, this 3-bedroom, 1-bathroom home is leased until August 2025 at $550 per week, providing a solid income while you plan your development or landbank for future gains.
With wide side access and R15/25 zoning, this site is perfectly suited for a retain and build project-construct a second dwelling at the rear (STCA) while keeping the existing home.
Home Features
• 3 good-sized bedrooms with natural light and ventilation
• 1 well-appointed bathroom with toilet
• Open-plan living and dining areas
• Functional kitchen with ample storage
• Covered outdoor entertaining area
• Large backyard with rear development potential
• Drive-through side access-ideal for builders or dual access layouts
• Secure tenant in place paying $550 per week August 2025
Prime Location & Infrastructure
Nestled within an important growth corridor, this property is within walking distance of:
• Grovelands Primary School (Around 700m)
• Camillo Shopping Centre (Around 850m), home to proposed Aldi supermarket
• Camillo Early Learning Centre (on Westfield Rd), providing flexible childcare
• Convenient access to major routes via Champion Drive, connecting directly to South Guildford and Armadale Road
Nearby amenities include:
• Phoenix Village Shopping Centre (2 km)
• Champion Lakes Reserve & Recreation Park (3km) ideal for family outings and outdoor lifestyle
• Easy commute: 28 km to Perth CBD, with reliable bus services connecting to Thornlie and Cannington train stations
Contact Stratton Realty Today
Whether you're a seasoned developer or a long-term investor, this opportunity ticks all the boxes: space, zoning, income, and growth potential.
Don't miss this rare chance to secure a dual-purpose property in a fast-growing precinct.
Disclaimer: The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
