This one is definitely crying out for attention. An ideal home for a genuine investor. With the scarcity of rentals these days, the property would yield a high return on investment and still carry great potential for future subdivision. Four beds and two bathrooms homes on subdivisible blocks are very rare in Armadale these days. Most are 3 Bed 1 Bath. But what makes this one even more special is its location and the space it provides for two more units at the back while keeping the existing property. Just a stone throw from the Sherwood Train Station, tenants or owners would find it so easy to commute. Bus stop is also just across the road. And being a cul-de-sac, the premises offers quietness and peace of mind. Kids can play in the small street without the fear of being run over by vehicles. Of course, you also know your neighbours and can have a street chat when the weather permits. With the Armadale line being upgraded as part of the Metro Line Project, the value of properties along this axis is soon to explode. How best to laugh all the way to the bank! But you must get onto it now! The yard offers low maintenance - what most tenants really want and it is very spacious. Wait for this: there is a large outdoor study/studio that can be used for sleep out. Teenagers love that independence of their own man-cave. Well, most hubbies enjoy their man-cave too. You could also use it as games room or home office and run your business from there. The possibilities are endless. There is access to the man-cave and the entire backyard offers space for maneuver for caravan, medium motor home or whatever other vehicles on four wheels. Lovely flow-through living, airy modern kitchen, and a spacious L-shaped family/dining all combine to make this home a comfort zone for the tenants who have been here for over six years. The current lease ends in May. Rent is currently $370 per week and going up in April as well. The current rent is low due to special reasons. Ideal rent would be $450 per week and will be applied with change of ownership. The tenants would like to stay, provided the buyers are investors. Otherwise, we would sadly have to give vacant possession to buyers at the end of the current lease in May. With an R40 zoning and the current house situated in such a way that allows good access, two more units can come in here without demolishing the existing house! How else can you profit from such a large block of land? Don't miss out on this one. Log in to Openn Negotiation by scanning the QR Code in this advert and put in your bid. You never can tell your luck in a big city. Bidding costs you nothing but you cannot win unless you are in the race. PLEASE NOTE: THE PROPERTY CAN SELL ANY TIME THE SELLERS CHOOSE TO ACCEPT A BID. * SECURITY SCREENS ON ALL WINDOWS JUST FOR ADDED PEACE OF MIND * LITERALLY 100M TO SHERWOOD TRAIN STATION * 10 Meters FROM THE LOCAL MEDICAL CENTRE * WALKING DISTANCE TO SHOPS, SCHOOLS AND AMRADALE AQUATIC CENTRE * AIRY, MODERN KITCHEN WITH PLENTY OF CUPBOARDS * BIG L-SHAPED LOUNGE/DINING SPACE WITH LOVELY NORTH FACING WINDOW * LARGE MASTER WITH ENSUITE AND A "WALL OF ROBES" * SPACIOUS A-FRAME PATIO FOR YEAR-ROUND ENTERTAINING * COOL DUCTED AIR-CONDITIONING * FULLY LINED, COLORBOND GAMES ROOM WITH BBQ AREA ** ZONED R40 (MEANING CAN BE SUBDIVIDED SUBJECT TO COUNCIL APPROVAL) Please copy and paste the following link on your browser to have an idea of what this property is worth by comparing with similar properties recently sold in Armadale: https://www.realestate.com.au/sold/property-house-between-375000-450000-in-adelaide+terrace,+east+perth,+wa+6004%3b+armadale,+wa+6112/list-1?misc=ex-no-sale-price