5 Kelly Street, Cloverdale WA 6105

UNIQUE OPPORTUNITY - DA APPROVED BLOCK WITH CURRENT INCOME

Discover this recently renovated 1960s Double Brick and Tile home nestled in a peaceful cul-de-sac, situated on an expansive 746sqm development block with 18.1mtr frontage which has current DA approval for three dwellings in place. The surrounding area is buzzing with major development projects, so this property is a golden opportunity waiting to be seized.

Currently under lease until 14th January 2024, the home generates a steady income of $560 per week. Inside, you'll find a well maintained three bedroom, one bathroom home featuring a cozy lounge room complete with air-conditioning . The kitchen and dining area offer ample space, while an enclosed rear patio beckons for outdoor relaxation.

Convenient side access leads to a substantial 43sqm lock-up garage or workshop, with room for one car plus extra parking on block. Located in close proximity to shops and public transport, this property is as practical as it is promising.

As if the impressive features weren't enough, the location will surely amaze you. Within 11 km from the Perth CBD, you'll have easy access to renowned attractions such as Optus Stadium, Crown Perth Entertainment Precinct, Swan River, East Perth, and Gloucester Park.

Key facilities are just a short drive away, including the Belmont Forum, DFO, Costco, Belmont Oasis Swimming Complex, Reading Cinemas, Domestic and International Airports, CBD, Ascot and Belmont Racecourses, and Garvey Park.

With a block size of 746sqm and a generous 18.1-meter frontage, the potential here is limitless. The City of Belmont has earned a spot in the top 10 up and coming suburbs to invest in Australia. Don't let this chance to purchase and develop this prime block, all while enjoying rental income, slip through your fingers. The future is knocking, call Steven or Sandy today!


Please phone Steven for a copy of DA approval

City of Belmont | $1,452 p/a
Water Corporation | $1,045 p/a