Are you a smart investor who can see the future potential or a developer that knows the area in and out and can start planning their next project? If you answered yes, then this one should get you excited!
Presenting 1.52Ha currently zoned Rural Living 2, but potentially could become a residential subdivision.
Investors will be pleased to know that there are two houses on the block, each rented at $400 per week.
Key features include:
? Re-development already taking place on this side of Lake Road
? 1.52Ha Currently zoned ?Rural Living 2?
? Potential rezoning and development if combined with adjoining block ? subject to approval
? Currently two properties on the block
? Each currently rented at $400 per week
? House A - 2bed + sleepout, 1.5 bath
? House B - 4 bedrooms
Champion Lakes is located in the City of Armadale. Situated 37km from the Perth CBD, with Hills at your doorstep, it quickly becomes a lifestyle space for those who look for outdoor activities. New roads and freeway connections have made it a thriving development area.
Can you see the potential? Are you ready for your next project? Call Zaia now!
Rates:
Shire $2800.00 per annum (estimate incl. ESL)
Water $ 275.72 per annum (estimate)
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.39 km | 4 | 2 | 150m2 | 2025 01 07 | $750,000 | Council approved | |
 | 0.09 km | 4 | 2 | 225m2 | 2025 01 06 | $650,000 | Council approved | |
 | 0.33 km | 4 | 2 | -m2 | 2024 10 12 | $700,000 | Council approved | |
 | 0.22 km | 3 | 2 | -m2 | 2024 09 09 | $650,000 | Council approved | |
 | 0.45 km | 4 | 2 | 270m2 | 2024 08 14 | $861,000 | Council approved |