28 Lowanna Way, Armadale WA 6112

Corner block near schools | 1974 brick and tile | 690sqm site | 28% site coverage This property’s competitive edge lies in its underutilised 690sqm corner block with only 28% site coverage, a configuration that offers genuine future subdivision or dual-occupancy potential in a growth corridor. The 1974 brick-and-tile construction is solid and low-maintenance, and the proximity to Challis Community Primary School (300m) makes it a natural fit for families seeking walk-to-school convenience. For a buyer prepared to hold medium-term, the land-to-building ratio is the strongest signal here. The primary risk is the single bathroom, which limits appeal to families and may require renovation to achieve top rental returns—currently estimated at $630/week against a $640k median for three-bedroom houses in Armadale. The corner block also carries higher exposure to street noise and potential future traffic changes. Opportunity lies in either a strategic renovation to add a second bathroom or a longer-term land-banking play. Hold this property for its land content, not its current house.