44 Cowan Street,
ARMADALE

3 Beds
1 Bath
2 Cars
Sold $400,000

UNDER OFFER by Ash Swarts!

CORNER BLOCK - RETAIN AND BUILD OPPORTUNITY

Looking for a savvy investment opportunity in Armadale? Look no further than this incredible corner block with retain and build potential!

INSIDE:
The house is move-in ready and has been freshly painted, and with new blinds, and flooring as needed. Solid brick and tile home, generous room sizes and good layout. Two modern split system air conditioners and built in robes.

ZONING:
The property is currently zoned R15/25 but as a corner block, you'll get a density bonus making this a R30 block with a minimum block size of 260sqm. That means no wasted space on battle-ax driveways, you are looking at a street front retain and build subdivision. All subdivision is subject to council approval.

INVESTORS:
Investors, take note - this property is currently vacant and ready for a tenant. Current rental appraisal is $410-430 per week and properties in the area are renting out very quickly! If you are looking for a property manager, we are highly experienced in property management and more than happy to assist you with purchasing a stress free rental property.

LOCATION:
Located on a quiet cul-de-sac street, this property is just a stone's throw away from Sherwood Park, Armadale Central, and Sherwood Train Station. It's an ideal location for those looking for convenience.

Don't miss out on this incredible opportunity to invest in Armadale. Contact us today to schedule a viewing!

PROPERTY PARTICULARS:
• Build Year: 1978
• Block Size: 702 sqm
• Zoning: R15/25
• Council Rates: $1810/pa
• Water Rates: $ 955/pa
• Rental Appraisal: $410-430/week
(all values are approximated)

Features

  • Air Conditioning
  • Close to Shops
  • Close to Transport
  • Land is 702m2

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Ash Swarts
Ash Swarts
Residential Sales Consultant