87a Townley St, Armadale is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 325m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Armadale in the last 12 months.
Welcome to a remarkable investment opportunity in the heart of Armadale! This spacious 3-bedroom, 2-bathroom, 2-garage residence on a 325 sqm land offers a fantastic chance for investors.
For savvy investors looking for immediate returns, this property includes the advantage of a current lease in place until 14/03/2024, generating a rental income of $395 per week. However, in this rapidly growing market, it has the potential to yield between $500 - 550 per week.
Property Features:
LOCATION INFORMATION (approx.):
• 210 m to Harber Dog Park
• 1.1 km to Armadale Recreation Centre
• 1.4 km to Australian Christian College
• 1.5 km to Dale Christian School
• 1.8 km to Armadale Shopping City
RATES (approx.):
Council rates: $TBA
Water rates: $984.18 per annum (year 2022-2023)
Don't let this opportunity slip through your fingers. To view this gorgeous property please call Suzanne Brown on 0417 916 220.
We have, in preparing this advertisement, used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
The size of Armadale is approximately 8.3 square kilometres. It has 38 parks covering nearly 8.1% of total area. The population of Armadale in 2011 was 12,853 people. By 2016 the population was 13,607 showing a population growth of 5.9% in the area during that time. The predominant age group in Armadale is 20-29 years. Households in Armadale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Armadale work in a trades occupation. In 2011, 57.3% of the homes in Armadale were owner-occupied compared with 54.8% in 2016.
Armadale has 7,225 properties. Over the last 5 years, Houses in Armadale have seen a 148.53% increase in median value, while Units have seen a 119.92% increase. As at 31 July 2024:
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