A VISIONARY WILL DELIGHT IN THE POSSIBILITIES !!

80 Poad Street, Champion Lakes
FROM $1,399,950 For Sale
House
  • 6 Bedrooms
  • 2 Bathrooms
  • 1.52 Hectares

Description

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 Kyla now!

Rates:
Shire $2800.00 per annum (estimate incl. ESL)
Water $ 275.72 per annum (estimate)