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5 Ringwood Road
Armadale, WA 6112
Above $699K
Overview
5 Ringwood Road, Armadale
This property presents an excellent opportunity for first home buyers or investors seeking a smart entry into the market with promising future potential. The site offers significant development possibilities, featuring a substantial 38.24-meter street frontage and a generous land area of 797 square meters. Zoned R25/60, the property is well-positioned for long-term growth and redevelopment prospects.
Located in the highly sought-after suburb of Armadale, the home benefits from a perfect blend of lifestyle and convenience. The area is renowned for its leafy streets and family-friendly environment, providing easy access to parklands, shopping centers, schools, public transport, and boutique retail options. Armadale continues to attract a mix of owner-occupiers and investors, reflecting its strong community appeal and growth potential.
The property is situated close to local parks and quality educational institutions, as well as essential amenities, making daily living straightforward and comfortable. While the existing dwelling offers scope for renovation or improvement, the primary value lies in the land itself, making it a valuable asset with excellent future upside.
- Council rates are approximately $2,200 per annum.
- Water rates are approximately $1,014.87 per annum.
- The home was constructed in 1967.
- Zoning classification is R25/60, supporting medium-density development.
- Expected rental return ranges between $500 and $550 per week.
This property is ideal for those looking to capitalize on development potential or secure a foothold in a growing market. For further details or assistance, interested parties are encouraged to make contact.
Location
Armadale WA 6112
Market Insights for Armadale WA 6112
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