377 Railway Avenue,
ARMADALE

3 Beds
1 Bath
1 Car
Sold $470,000

1034sqm Block - Zoned R40!!

***TENANTED UNTIL 11 MARCH 2024***

This is a great opportunity to secure a big block that's super close to town! The house itself might be older than you or I, but it's built in an era when things were built strong - and made to last! It has been tastefully updated over the years, with multiple split system air-conditioners, fans, modern flooring, and freshly painted.

The house is a two-bedroom and one bathroom home, (there is a very well-constructed sleep-out that was used as a third bedroom) and the kitchen boasts an iconic Metters Stove, a testament to the era of this house! Good size rear insulated patio, with a lovely yard.

Excellent side access through to a shed/garage. The backyard has abundant fruit trees and remnants of what would have been a very impressive veggie garden!

INVESTORS this is a prime opportunity to secure a big parcel of land that has the potential to be subdivided. The location is perfect, close to town and within walking distance of shops and transport. Zoned R15/R40. Subdivision is subject to council approval.

This property is currently tenanted until 11 March 2024, at $400 p/wk, and tenants would love to stay. So if you are looking for investment, don't miss your opportunity to view this property!

PROPERTY PARTICULARS:
Build Year: 1960
Block Size: 1034sqm
Zoning: R15/R40
Council Rates: $1786 /pa
Water Rates: $854 /pa
Rental Appraisal: $410-450 p/wk
(All amounts are approximated)

Features

  • Land is 1,034m2

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Ash Swarts
Ash Swarts
Residential Sales Consultant