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REDUCED TO SELL....Massive Family Home Zoned R20/50/100...Massive Rental Return!
A rare offering welcome to 274 Wright Street, Cloverdale. Renovated and extended since originally built in 1965 to what it is today versatile home suited to large extended families who crave a bit of extra space and love to entertain, all only metres away from Belmont Shopping and Entertainment Precinct.
INVESTORS NOTE: WITH
AN EXPECTED RENTAL RETURN BETWEEN $800-$900pw THIS IS AN INCREDIBLE OPPORTUNITY - 5.8% return +
Features include:
• Originally built in 1965 since then considerable renovations and extensions have occurred.
• Formal lounge
• Huge kitchen/dining/family room
• 2 kitchen areas
• Massive master bedroom with walk in robe and ensuite (part of the most recent extension situated towards the rear of the home).
• Bedrooms 2,3,4 towards the front of the home with main bathroom conveniently positioned nearby.
• Freestanding teenagers retreat (or 5th bedroom) with additional storage room that could easily convert to a kitchen or bathroom.
• Below ground saltwater pool with water wall, kreepy kraully and pool cover
• Outdoor entertaining area with matador outdoor kitchen with 6 burner BBQ, wok burner, sink and storage.
• Huge alfresco patio area (approx. 55sqm) surrounded by established gardens and koi fishpond.
• Solar PVU power (20 panels)
• Air-conditioned
• Gas available and connected (gas hotplate, multiple bayonet points)
• Sewerage available and connected.
• 2 car carports with thru access ability to alfresco patio area if extra parking is required.
• 688sqm block with 16.76m frontage
• Zoned R20/50/100
Located none better with local bus route passing by the front door, and primary and secondary schooling walking distance away. Frequent flyers will appreciate the convenience to the airport and investors will relish the income potential with so much accommodation on offer, and the jewel in the crown the R20/50/100 zoning potential that allows for a myriad of redevelopment options.
For more information contact the Cloverdale property specialist Kim Findlay on 0404 461 174.
Property features
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Air conditioned
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Carports
2
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Floor area
326m2
Property snapshot by reiwa.com
This property at 274 Wright Street, Cloverdale is a five bedroom, two bathroom house sold by Kim Findlay at Laurie Kelly Real Estate on 02 Aug 2023.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Cloverdale or see other recently sold properties in Cloverdale.
Cost breakdown
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Council rates: $1,714 / year
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Water rates: $1,236 / year
Nearby schools
Cloverdale overview
Are you interested in buying, renting or investing in Cloverdale? Here at REIWA, we recognise that choosing the right suburb is not an easy choice. To provide an understanding of the kind of lifestyle Cloverdale offers, we've collated all the relevant market data, key facts, demographics, statistics and local agent information to help you make a confident and informed decision.
Cloverdale quick stats
High end
$740k
Median
$680k
Low end
$610k
28.3 %
Annual growth
$680k
Annual median sales price
$660pw
Annual median rental price
