Property prices have been up and down like gold, but like gold they are just not making any more of it.
This property is located in a brilliant location, near many amenities, but its not about that. It's about the 814sqm zoned R20/40 and what may happen to that, either now or in the future.
Potential for this block "right now" is create 3 individual blocks to on sell, build 3 townhouses, create two big blocks, build 5-7 apartments. Great hold for an investor, developers are back in the game so these properties are becoming very popular.
* 3 x 1 x 4
* Security doors and screens
* Split system air conditioning, Bosch instantaneous HWS
* Pergola off kitchen/living area
* Garage/workshop at rear
This property at 23 Stanley Street, Belmont is a three bedroom, one bathroom house sold by Ross Kretschmar at WELSH Real Estate on 24 Apr 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.
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.
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.