8 Glastonbury Road,
ARMADALE

3 Beds
1 Bath
1 Car
Sold

CLOSER THAN ANYTHING TO EVERYTHING

CLOSER THAN ANYTHING TO EVERYTHING
There's not many as well positioned as this property. Where a great investment should be. Right at the town centre. Close to public transport. Opposite the centerpiece of the City of Armadale, Minawarra Park and… zoned R15/40 it has Subdivision Potential!

WHAT IT IS
Three bedroom, one bathroom home with a new kitchen. It's on a 700sqm block and my estimate is that you have a 325sqm back yard. With this zoning the minimum lot size if you are approved to subdivide at R40 you need 180sqm. We've got the right metres!

INVESTING
The market sure is starting to heat up and there's never been a better time to make the jump and invest in property.
-Interest rates are insanely low.
-There's a low rental vacancy.
-Prices are still incredibly cheap… for now.
-With a great tenant who wants to stay long term or maybe even longer, there's never been a better time to make a move on the right investment property. Like this one.

LOCATION
It matters so much. Take a drive or a Google Street View tour around the shopping district here and find how few residential properties are this close to it. Now think about how many people want to be close to what this town has to offer. Think about what this will be worth when the market lifts.

Then give me a call.

"Hold up, before I call you…
TELL ME ABOUT THE R15/40 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 R15/40. 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. SO… for this block Dad's going to tell you to ask Mum.

Features

  • Land is 700m2

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Mark Grogan
Mark Grogan
Residential Sales Consultant