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322 Alexander Road, Belmont WA 6104

From $629,000
  • 2 Bedrooms
  • 1 Bathroom
  • 3 Cars
  • Landsize 749m2
House
  • Open Sat 15 Feb, 9:30 AM to 10:00 AM
322 Alexander Road, Belmont WA 6104

Belmont Opportunity: 749m2 Corner Block with Massive Potential!

Welcome to this gorgeous character home in Belmont, a golden opportunity to obtain a massive land holding in the heart of Belmont. With approximately 749 square meters, including a conventional home currently leased out, massive backyard, and fenced front yard, this property has a lot of directions that you could head in. Will you purchase the home for an investment, with a current lease bringing in rental income and tenant looking after the home? Will you make it yours and renovate the interior? Or will you purchase this property and the next door home as well, combining both sites for an amazing approx. 1,500 meters squared altogether, with a zoning of R20. Don't miss out on this excellent choice!

Property Highlights:
• Two-bedroom, one-bathroom home, built originally in 1965
• Total block size of approximately 749 square metres
• Total built size of approximately 94 square meters
• Brick and tile construction
• Large living area, dining and kitchen to the front of the home
• Mirrored built in robes to main bedroom for plenty of storage
• Ceiling fan to main bedroom, and wall air conditioner to dining area
• Drive-through access with large gate and concrete driveway
• Large storage shed for many uses
• Sizeable rear and front yard for your enjoyment

Investor and Development Summary:
• This property is currently tenanted for $410 per week until October 2025
• HouseSmart is active throughout Belmont, with an office near Belmont Forum, and can provide high quality leasing and Property Management services throughout the course of sale and beyond Settlement.
• This property is zoned R20 with the City of Belmont, as it is a corner lot it could potentially be coded up to R30 which would allow for a maximum 2 lot subdivision.
• Combined with the adjoining property also for sale, this will allow for a massive approximately 1500m2 development. Development plans have been prepared to subdivide the two properties into 3 or even 4 blocks. Further detail is available upon request. We recommend checking with the city council planning department for confirmation of the development potential.

Location Summary:
• Walking distance (approx. 20 minute walk) to Belmont Forum Shopping Centre
• Walking distance (approx. 5 minute walk) to Belmont City College and Cloverdale Primary School
• Nearby parks and reserves, including Miles Park, Signal Hill Reserve, Faulkner Park and Belmont Recreation Centre
• Bus services available along Alexander Road

Why Buy?
With Belmont growing and developing everywhere you look, this property provides a unique position to capitalise on a a property which has a large land base, current investment allowing for ongoing rental growth, and future development plans a feasibility. There is a large land size here, with room to renovate and expand. The home is in a reasonable condition and would benefit from any changes you make, providing a positive outlook for this property's future growth.

Don't miss out on this excellent choice - contact our team today!

Property features

  • Garages 3

Property snapshot by reiwa.com

This property at 322 Alexander Road, Belmont is a two bedroom, one bathroom house listed for sale by Adam Bettison at HouseSmart Real Estate Pty Ltd.

For more information about Belmont, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Belmont profile page.

If you would like to get in touch with Adam Bettison regarding 322 Alexander Road, Belmont, please call 08 9378 2555 or contact the agent via email.

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Nearby schools

0.5km
Belmont City College
  • Secondary
  • Government
0.5km
Notre Dame Catholic Primary School
  • Primary
  • Non-government
0.7km
Cloverdale Primary School
  • Primary
  • Government
Disclaimer

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 $810k
Median $700k
Low end $640k
25.0 %
Annual growth
$700k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

322 Alexander Road, Belmont has been viewed 145 times on reiwa.com, and has appeared 9,344 times in reiwa.com search results.

You can calculate your mortgage repayments using our mortgage calculator.

The average number of selling days in Belmont is 16 days.

Nearby schools include Belmont City College, Notre Dame Catholic Primary School and Cloverdale Primary School.
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