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SOLID HOME - CRACKING DEVELOPMENT
Smack bang in the heart of the City of Belmont, sits this solid home in a prime location with sitting tenants on a cracking big site makes this a very secure money-making opportunity.
This gold-plated investment has a lot size of 792m2 with a zoning of R20/40 which allows for townhouses, apartments or single level homes, the choice is yours. In the meantime, take advantage of the rental market with rent of $550 per week.
The home whilst reasonably original is solid as the rock of Gibraltar and comprises 3 bedrooms, living area and a rear enclosed patio to the home which provide an extra living space.
Close to all the action in a vibrant suburb with enormous future potential.
Prime investment and amazing location. Be quick this will not last.
• 3-bedroom 1-bathroom
• 792m2 lot Zoned R20/40
• Enclosed rear patio
• Split System air conditioner to living
• Ducted Evaporative Air-conditioning
• Single garage
• Good sized bedrooms
• Leased at $550 per week until 14th August 2025
• Council Rates $1590.11 approx.
• Water Rates $1095.18 approx.
This property is to be sold via Expressions of Interest closing 21st May 2025 at 6pm (unless sold prior).
Property features
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Air conditioned
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Gas connected
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Garages
1
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Toilets
1
Property snapshot by reiwa.com
This property at 60 Durban Street, Belmont is a three bedroom, one bathroom house sold by Craig Goodridge at WELSH Real Estate on 22 May 2025.
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.
Cost breakdown
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Council rates: $1,590 / year
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Water rates: $1,095 / year
Nearby schools
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
$1.1m
Median
$909k
Low end
$797k
23.6 %
Annual growth
$909k
Annual median sales price
$827pw
Annual median rental price
