Prime Retain & Build Opportunity on a Generous Block (STCA)

Description

Positioned in a well-established pocket of Armadale, 17 Elanora Way presents a fantastic opportunity for investors, developers, and buyers looking to secure a property with both immediate return and long-term upside.

Set on a generous 708sqm block, this 4-bedroom, 1-bathroom home is currently tenanted, offering instant rental income from day one. The existing dwelling provides a functional and practical layout, making it ideal to retain at the front while exploring subdivision potential at the rear (Subject to Council Approval).

Whether you're looking to landbank, develop, or simply grow your portfolio, this property offers flexibility to suit multiple strategies. With demand for subdividable land continuing to grow, opportunities like this are becoming increasingly limited.

Conveniently located close to local schools, parks, shopping centres, and public transport, the property ensures everyday convenience for tenants and future occupants alike.

This is a smart purchase for buyers thinking ahead - combining rental return with future development potential.

Don't miss out on this opportunity to secure a versatile property with strong upside.

Property Features:
708sqm block with retain & build potential (STCA)
4-bedroom, 1-bathroom home
Currently tenanted - immediate rental income
Functional layout with practical living spaces
Suitable for investors, developers, or landbank buyers
Potential to retain existing home and build at the rear (STCA)
Located close to schools, shops, parks, and public transport
Easy access to main roads and surrounding amenities