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Perfect Retain & Build on Rare 842m² BlockProperty ID 1519459Relax and have peace of mind knowing that you have invested in a 4 bedroom home on 842sqm of land only a short 1,300m walk to the Armadale Shopping Centre, cinema, banks, pubs and every other amenity that you will ever need, as well as only a 1,200m walk to the train station. The property has development potential as a 'retain and build' being R15/R25 by simply moving the carport to the front of the existing house and then building a house in the huge over 400sqm back yard. An example of this can been around the corner at 9 Kootingal Road which has the same zoning and was originally a smaller block than 17 Tait Street. The property is currently generating $295pw rent and has lovely tenants who would like to stay, but can also move out if you would like to move in yourself.
There is also an immaculate second property that the owners would like to offer for sale in Mount Richon for $529,000. There is the option of purchasing both properties.
While the existing house is ready to be moved into and lived in, there is still scope for value adding in the future. Alternatively, the back yard could be used to build a big workshop, installing a swimming pool, parking additional vehicles or for the building of a granny flat which could be used as a further source of income.
- Potential retain and build subdivision
- Wall mounted air conditioning unit
- Room for granny flat, shed or pool
To view this property or place an offer please attend a home open or contact Tim Verbunt.