Highlights

Sold Price : $785,000
Sold Date : 2024-02-03

PRIME HUGE POTENTIAL DEVELOPMENT OPPORTUNITY ZONED R20/50/100 - SUPERB HIGH EXPOSURE LOCATION

DEVELOPMENT HIGHLIGHTS
⁃ 667m2 GREEN TITLE ESTABLISHED HOUSE
⁃ 21M FRONTAGE TO WRIGHT STREET, CLOVERDALE
⁃ HUGE EXPOSURE LOCATION
⁃ EXCELLENT OPTIONS TO MAXIMISE YIELD VIA COMMERCIAL RATES
⁃ DEVELOPMENT POTENTIAL WITH MIXED USES OPTIONS (STCA)
⁃ ZONED URBAN DEVELOPMENT
⁃ IDEAL HOTEL, APARTMENT OR OFFICE/RETAIL PROJECT

This is an outstanding opportunity for the wise investor looking to capitalise on the current market with an impressive and substantial 667m2 vacant block perfectly located opposite Belmont Shopping Forum.

Large three bedroom one bathroom brick and tile home situated on a large 667m2 development block zoned R20/50/100. Home offers, ducted air conditioning, polished floors, separate lounge room, alarm, newly renovated kitchen and bathroom

Set in a fast growing and bustling precinct, this Cloverdale Suburb and surrounding areas offers residents diverse and extensive options for shopping, education and employment along with a host of amenities and recreational facilities.

Boasting Mixed use zoning in a superb location, this is an opportunity not to be missed!

Located in close proximity to the CBD, Optus stadium and Crown Entertainment complex the options here for the fortunate buyer are unique and rare! This is a suburb with wonderful opportunities and potential! 

Be part of this flourishing, developing and dynamic suburb, set among many new housing estates and the bustling light commercial precinct that is drawing even more people to this area to live and work!

The substantial land size, strategic location and multiple use options ensures that this property ticks all the boxes for the astute investor or wise developer to capitalise and prosper!

Call Jonathan Lai on 0422952688 today !

THE LOCATION (Distances are approximate)
- 5.4km to Crown Entertainment Complex
- 6.4km to Optus Stadium
- 10m to Belmont Forum
- 9km to Perth CBD
- 7km to Perth Airport
- Close proximity to public transport & local schools

PROPERTY INFORMATION:
Belmont City College and Cloverdale Primary School Zones
Council Rates: $2,000 Approx
Water Rates: $1250 Approx
Block Size: 667 sqm
Zoning: R20/50/100
Build Year: 1966
Dwelling Type: Residential House
Potential to change of use to Commercial Property


Disclaimer: 
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.