Sold
11 George Street, Belmont WA 6104
Sold price: $800,000
Sold: 01 Jun 2021
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 1,098m2
House
View
$800k reasons to List with Ross Kretschmar ........multiple offers, GONE , cash sale
Hard to believe properties like this still exist!
The house is sitting on two (2) 549sqm lots Zoned R20/40. Redevelopment options for the R20/40 zoned 1098sqm include;
Create three 3 blocks to on sell
Build 5 Townhouses, 10 Apartments, dependent on configuration - 1x1's, 2x1's, 2x2's.
The 24.38 metre frontage makes it a developers dream.
Could a savvy owner/occupier possibly buy this property, or be trumped by the Investor/Developer?
The home itself was built in 1954, yes, a few years after the Colosseum, yet still built by Italians. A much loved property by the seller as she watched the passersby as a small child behind the front brick fence.
This property oozes "Like Me" - "Love Me". The property next door (vacant land) is the same size block and has been land banked at $800,000 since 2015.
With low interest rates and rising property prices, this is a Rolls Royce type property that someone MUST HAVE, is it you?
* 3 x 1 x 1 home with high ceilings
* Bathroom with shower and bath
* Security doors, air-conditioning
* Electric hot water system with chip burner back up
* Westinghouse oven that must have been one of the first - beautiful!
* Everhot chip (wood) burner oven that heats water and no doubt be a collectors delight
* Original Italian kitchen with table yet separate dining room as well
* Bore reticulation to lawns and garden
* Garage is 1.5 car plus bike
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 11 George Street, Belmont is a three bedroom, one bathroom house sold by Ross Kretschmar at WELSH Real Estate on 01 Jun 2021.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Belmont or see other recently sold properties in Belmont.
Cost breakdown
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Council rates: $1,390 / year
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Water rates: $1,086 / year
Nearby schools
Belmont overview
Belmont is a mixed-use suburb that spans five square kilometres and is located six kilometres east of Perth. Established in 1831, significant growth didn't occur until the 1950s and 1960s and more recently a population increase was experienced between 1991 and 2006, and more significantly still between 2006 and 2011.
Life in Belmont
A suburban lifestyle with local commercial facilities and a major city centre close by means that Belmont residents enjoy the best of both worlds. The Belmont City Centre is a thriving local retail and entertainment sector that includes the Belmont Forum Shopping Centre, restaurants, a tavern and a cinema. Close by is the Belmont Leisure Centre which is a recreational facility with pools, a gym and plenty of sporting options. There are a number of parks and bushland in Belmont, as well as two local schools.
Belmont quick stats
High end
$715k
Median
$640k
Low end
$540k
This listing
21.6 %
Annual growth
$640k
Annual median sales price
$600pw
Annual median rental price
