Sold
176 Alexander Road, Belmont WA 6104
Sold price: $418,000
Sold: 26 Jun 2020
Sold
-
3 Bedrooms
-
1 Bathroom
-
1 Car
-
Landsize 710m2
House
View
Land Bank, Live in or Develop
Zoned R20/50/100 represents a possibility to build up to 6 units, a unique opportunity to land bank or develop this 710m2 site.
The Town Centre Precinct of the City of Belmont, which is subject to The City of Belmont Local Planning Scheme No15 allows for flexibility with unit or apartment developments with possibilities of up to 6 units.
Parks, Schools, Belmont Forum, bulky warehouses, Ascot Race Course, Crown Perth, Optus Stadium, Perth CBD, Perth Airport are all in close proximity, in short a very central location.
The freshly painted and presentable home consists of 3 bedroom, 1 bathroom, separate lounge, open plan kitchen and meals area. Rental appraisal indicates a weekly rent between $260 to $300 per week.
City of Belmont Planning Scheme No15 link: http://www.belmont.wa.gov.au/Services/Planning/Pages/Local-Planning-Scheme-15.aspx http://www.belmont.wa.gov.au/Services/Planning/Documents/Local%20Planning%20Policy%2001%20-%20Town%20Centre%20Density%20Bonus%20Requirements%20and%20Fact%20Sheet%20Town%20Centre%20Frame%20Additional%20Uses.pdf
This property zoning represents a rare opportunity to take advantage of our rising market.
Property features
-
Garages
1
-
Toilets
1
Property snapshot by reiwa.com
This property at 176 Alexander Road, Belmont is a three bedroom, one bathroom house sold by Marilyn Robinson at The Leasing Co on 26 Jun 2020.
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
-
Council rates: $1,400 / year
-
Water rates: $1,102 / 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
$759k
Median
$675k
Low end
$620k
26.2 %
Annual growth
$675k
Annual median sales price
$680pw
Annual median rental price
