RARE OPPORTUNITY - 11,000 sqm - DEVELOPMENT SITE - Zoned R 15/60 - 2 Street Frontage.

59 Owtram Road, Armadale, 6112

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3,700,000 AUDEst. Mortgage: AUD 25,999/monthFor Sale
  • Ownership Type House
  • Property Area 4,047 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 6th Nov, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 2
  • Open Spaces: 4
  • Toilets: 1

Property Overview

Looking for that new development, A project to land bank for the future, then you need to seriously look at this parcel of land.<br/>THAT PROVIDES YOU WITH A NUMBER OF BENEFITS & OPTIONS? <br/>• FOUR TITLES / FOUR HOMES / FOUR RENTAL INCOMES.<br/>• Both 59 & 61 Owtram and 3201 & 3203 Albany Hwy are all to be sold as one.<br/>• 11,000 square meter, with Zoning of R15 / R60 allowing for the potential of a higher density development.<br/>• Live in one while receiving rent from the other 3 properties?<br/>• Plan your development while receiving four rental incomes.<br/>• PURE INVESTMENT / LAND BANK FOR THE FUTURE.<br/><br/>Very rarely will you find a parcel of land of this size for sale with these benefits so close to the City centre that could provide you with some many options with major infrastructure and service developed & developing literally at your door step.<br/><br/><br/>The city of Armadale is uniquely located and supported by major infrastructure already in place with further large scale developments underway that is transforming the City of Armadale and could be one of the reason why investors are attracted to the area.<br/>Here are a number of points to consider<br/>1. In recent years the City of Armadale has seen major land developments within the Wungong Urban Water Master Plan, transforming Semi rural land into vibrant new estates like Hilbert & Haynes with the area planned to be home to approx. 40,000 new residents. <br/><br/>2. Having FOUR major highway running through or out of the City of Armadale.<br/>With the Albany, Southwest, Brookton and Tonkin Hwy's making access to the Perth CBD, Freeway's, both Domestic and International Airports, Coastal areas, North ,South western regions and the great outback a breeze. <br/><br/>3. The City of Armadale is also serviced by FOUR strategically placed train stations.<br/>• Armadale, Sherwood, Challis & Kelmscott stations<br/>• All having major works undertaken (within the State Government Metro Net Project) with completion expected in 2025.<br/>• This project is not only predicted to transform and reenviger the city centre by the removal of level crossings but the New raised rail line that will run throughout the city centre with a new platform/station and bus hud will provide more services and public open space, making access to the city more business and family friendly.<br/>• Further extensive work is underway to upgrade the 130 year old Perth to Armadale rail line by extending the rail service to Byford with completion also expected in 2025.<br/><br/>4. A further extension to the South Metropolitan Tafe Campus nearing completion. <br/>5. The new 85.5 Million State of the art Armadale Courthouse and Police Complex now open. <br/>6. The PURPOSE BUILT CHAMPION LAKES REGATTA CENTRE FOR COMMUNITY, STATE, NATIONAL AND INTERNATIONAL COMPETITIONS.<br/>7. The ever expanding Forrestdale Business Park now covering some 330 hectare that's Bounded by three major arterial roads (Tonkin Highway, Armadale Road and Ranford Road), <br/><br/><br/>City of Armadale is vibrate & developing and is well serviced from both the state and private sectors with ongoing small, medium & large scale investments & infrastructure projects, Insuring the future growth of the area.<br/><br/><br/>Enquire now and I will send you further information to assist you about this opportunity and what's happening in and around the City Of Armadale. <br/><br/>Distance from project to some local features:<br/>• 2.0 km to South Metropolitan Tafe Campus<br/>• 2.0 km to Armadale Shopping City<br/>• 1.7 km to Armadale/ Kelmscott Hospital <br/>• 1.8 km to Armadale Train and Bus Station<br/>• 1.2 km to Sherwood Train Station<br/>• 3.0 km to Challis Train Station<br/>• 3.9 km to Kelmscott Train and Bus Station<br/>• 4.0 km to Armadale High School<br/>• 4.2 km to Kelmscott High School<br/>• 6.0 km to Forrestdale Business Park<br/><br/>Distance from Armadale to key locations.<br/>• 17 km to Kwinana Freeway<br/>• 24 km to Perth International Airport<br/>• 30 km to Perth Crown Casino & Optus stadium <br/>• 34 km to Fremantle<br/>• 35 km to Perth / CBD<br/>• 35 km to South Perth<br/>• 35 km to Midland<br/>• 36 km to Rockingham<br/>• 61 km to Mandurah<br/>• 62 km to Joondalup<br/><br/><br/>• Please note: <br/>Regarding the subdivision potential of these four properties at 59 & 61 Owtram Way and 3201 & 3203 Albany Hwy Armadale . Please direct all your enquirers to the city of Armadale Planning department or any other relevant departments to conduct your own due diligence. All marketing illustrations and artist impressions of any subdivision potential has been provided only as a guide and may not truly represent the final location, number of unit and or Apartment achievable on these parcels of land.<br/>

Location on Google Map

59 Owtram Road, Armadale, 6112

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