Discover this superb green-titled property, boasting 908sqm of prime real estate nestled in the heart of Belmont.
Zoned R20 with an impressive 19.6 meters of street frontage, this opportunity is brimming with potential.
KEY FEATURES:
* A level and rectangular block measuring 19.6m x 46.53m
* The possibility to retain the existing front home (STCA)
* Potential subdivision of the rear battle-axe block, creating up to 450sqm (excluding the driveway) (STCA)
* Sewer access located in the back left-hand corner, does not limit the design of the subdivision
IMAGINE THE OPPORTUNITIES:
* Subdivide, retain, and renovate the charming front brick and tile character home while selling off the rear block
* Demolish, subdivide, and build on one block while selling the other for profit
* Explore the option of building on both blocks simultaneously
FEATURES OF EXISTING HOME:
* Character 2 x 1 home built in 1962, looking for some TLC
* Front patio and entrance hall
* Jarrah flooring throughout
* Spacious separate formal lounge featuring a fireplace and double doors leading to the front patio
* Open plan meals area and kitchen, offering potential for renovation and personalization
* Roomy main bedroom and an additional generously proportioned 2nd bedroom
* Family bathroom with a bath, basin, shower, and separate toilet, ready for an upgrade
* Large undercover back patio with a separate two-room sleepout
* Fully enclosed, expansive backyard on a level block, ideal for children's play
* Outdoor laundry trough for added convenience.
* Brick outdoor wood fire BBQ for entertaining
* Single garage and workshop situated at the rear
This property enjoys a prime location, conveniently located near:
* Private colleges/schools such as Belmont City College - Belmont Campus, Belmont Primary School, Notre Dame Catholic Primary School, and St Maria Goretti's Catholic School
* Shopping destinations like Belmont Forum, Belmont IGA, DFO, Costco, and various shops and cafes
* Recreational spots including Belmont Oasis, Volcano Park, and the scenic Swan River
* Access to Redcliffe Train Station and public bus transportation (via Great Eastern Highway, Hardy Rd, Epsom Ave)
* A short drive to Perth CBD, Perth Airport, Crown Casino, and Optus Stadium
Please note that this property is being sold in "AS-IS" condition.
** WE HAVE A PROPOSED SUBDIVISION PLAN - RETAINING THE HOME - CALL MICHAEL TO DISCUSS
** Pending titles being registered into the beneficiaries name - already lodged with landgate
For a private viewing, contact Michael Sheppard from LJ Hooker Victoria Park | Belmont at 0433 275 080.
Council Rates PA: $1,491.22
Water Rates PA: $1,072.43
This property at 37 Gregory Street, Belmont is a two bedroom, one bathroom house sold by Michael Sheppard and Diane Sheppard at LJ Hooker Victoria Park- Belmont (WA) on 06 Oct 2023.
Looking to buy a similar property in the area? View other two 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.