5 Wungong Road
Armadale, WA 6112

This property offers a unique investment opportunity combined with future development potential in a highly sought-after suburb. Situated close to the Armadale Town Centre, it provides convenient access to major shopping centers, restaurants, cafes, schools, transport options including the new train station, and local parks, making it an ideal location for families and investors alike.

The existing character home features three generously sized bedrooms and one bathroom, providing comfortable living space. The open-plan kitchen and meals area flow seamlessly into a large living area, creating a welcoming environment for everyday living and entertaining. Additionally, the property includes a single garage for secure parking.

Currently, the property is tenanted under a fixed-term lease agreement, generating a weekly rental income of $410 until May 2025, offering immediate cash flow for investors.

The land size is approximately 658 square meters and is zoned R40, which allows for various development possibilities. Prospective buyers are encouraged to consult with the City of Armadale Planning Department to explore development options and gain guidance on potential projects.

This property is ideal for those looking to landbank with an income stream, renovate the existing home, or consider demolition and redevelopment to build a new home or multiple units. The location and zoning provide flexibility and potential for future growth.

Interested parties should conduct their own inquiries to verify all details and ensure the property meets their investment or residential needs.