24 Seventh Road, Armadale WA 6112

Corner block with subdivision upside | R15 zoning with potential R30 uplift | 1919 house adds constraints | No flood or bushfire risk | Subdivision approval not guaranteed The primary value mechanism is the 1,115 m² corner parcel. The 1919 structure offers low demolition cost and 14% site coverage provides development flexibility, not renovation value. Zoning uplift to R30, if secured, materially increases lot yield. The risk is the STCA condition; approval costs and timeline exposure must be factored into the buyer’s holding period and capital budget. If subdivision is not viable, the property is best held as a land bank in a growth corridor with stable rental demand for the existing house. This corner block with dual street frontage is competitively rare in Armadale’s growth corridor. The R15/25 zone with potential R30 uplift creates a genuine path to 3 lots without rezoning risk, a positioning advantage over standard R15 sites. The buyer’s strongest use case is a developer or investor with subdivision experience who can execute quickly and accept the STCA timeline. For an owner-occupier, the 1919 house and subdivision risk make this a poor fit. The next step is a feasibility study on subdivision costs and council meeting schedule to quantify the approval gap.