Unleash the potential of this exciting R20/R40 development site, comfortably sitting on a generous 822sqm (approx.) block in the heart of suburban Belmont.
With multiple possibilities, this promising property offers savvy investors the chance to retain the existing 3 bedroom 1 bathroom home and subdivide the rear, subject to Western Australian Planning Commission (WAPC) and local-council approvals.
Alternatively, you could knock down and redevelop into 3-4 units (again, subject to relevant approvals), maximising the potential of this prime parcel of land. To be sold on an "as is, where is" basis, this unique residence provides an excellent opportunity to renovate with love and hold as a smart investment, while you plan your future development.
An ultra-convenient location beckons too, very handy to the local All Foods Market Belmont
IGA, public transport, lush local parklands, excellent schools, the river, Ascot
Racecourse, the city, Crown Towers, our world-class Optus Stadium, Perth Airport
and shopping at either Belmont Forum, Costco or the DFO Perth. Talk about sitting on a goldmine!
Contact Nigel Ross to register your interest in this premium blank canvas, today!
Features include, but are not limited to:
• Existing 3x1 original house
• Entry verandah
• High ceilings
• Carpeted front lounge room
• Tiled open-plan dining and kitchen area - with split-system air-conditioning
• Carpeted bedrooms
• Practical bathroom with a separate shower and bathtub
• Feature ceiling cornices
• Skirting boards
• Separate single lock-up garage - with a roller door for security
• Massive "blank canvas" of a backyard
• Huge 822sqm (approx.) block
• R20/R40 development site
• Potential to retain at the front and subdivide at the rear
• Potential to knock down and develop into 3-4 units
• All subject to WAPC and local-council approvals
• Sold on an "as is, where is" basis
This property at 35 Stanley Street, Belmont is a three bedroom, one bathroom house sold by Nigel Ross and Kathy Bayer at Ross Realty WA on 17 Oct 2024.
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.