8-10 Somers Street, Belmont WA 6104

Development Opportunity Knocks

Unique opportunity with potential to purchase both 8 and 10 Somers Street, a flat, level site with a combined 1660sqm and 35m frontage. Same owner which takes out the uncertainty of being able to buy both properties.

(There is potential for these to be sold separately should the seller receive interest in both lots.)

Zoned R20/40 with below potentials:

WHOLE PARCEL - 1660sqm
R20 - 3 street front homes
R30 - 5 units
R40 - 7 units with 50% required to townhouses

SINGLE BLOCKS - 830sqm
R40 - 3 units

8 SOMERS STREET
• Currently leased $600 per week until 23/6/2026
• 3 bedroom, 1 bathroom home
• Tandem carport parking for 2 cars

10 SOMERS STREET
• Currently leased $500 per week until 26/9/2026
• 2 bedroom, 1 bathroom home

THE LOCATION
Easy access to Optus Stadium, Crown Perth entertainment precinct, Swan River, East Perth, Gloucester Park. A short drive from key facilities including the Belmont Forum, Belmont Oasis Swimming Complex, Reading Cinemas, Costco, DFO shopping, Domestic and International Airports, CBD, Ascot and Belmont Racecourses, and Mineral Resource Park.
> 10 minutes from airports and Perth CBD (approx)

OUTGOINGS - 8 SOMERS
Council Rates: $1,662.07 per annum approx.
Water Rates: $1,142.02 per annum approx.

OUTGOINGS - 10 SOMERS
Council Rates: $1,489.68 per annum approx.
Water Rates: $1,037.97 per annum approx.

Get in touch with Shaun Yeo on 0417 836 667 for more information or to receive an appraisal on your property.

Disclaimer: Whilst every care has been taken in preparing this advertisement and all information is provided in good faith, neither the agent nor the seller accept responsibility for any errors, omissions, or mis-descriptions. Prospective buyers should make their own independent enquiries to their full satisfaction in relation to the property prior to submitting an offer.