View
DEVELOPMENT SITE - 728M2 - ZONED R20/50/100 -UNDER OFFER
HOME OPEN CANCELLED - UNDER OFFER
Developers, Builders or Investors strike quickly while the iron is HOT. Prime location in a quiet street but so close to all the action, only just a short walk to Belmont Forum shops and restaurants and super close to schools and parks. Perfect rectangular shaped 728m2 lot Zoned R20/50/100.
Endless development options include potential to build single level homes, townhouses and apartments (up to 3 storey) the choice is yours. This is a money-making investment opportunity.
A solid home in fantastic condition sits on this lot with 4-bedrooms 1-bathroom, good sized living area and separate kitchen dining. A bonus games room and outdoor covered entertaining area complete this home. Perfect to live in or rent out.
Opportunities like this in good areas are becoming rarer. Don't miss out.
• Generous 728m2 lot with 18.1m frontage
• Zoned R20/50/100
• Solid 4 bed 1 bath double brick home
• Ducted evaporative air conditioning
• Perfect live in or rent out option
• Walk to shopping, parks & various schools
• Demolish & build two large family homes.
• Demolish & build three 2 storey townhouses.
• Demolish & build 10 apartments.
• 10mins to airport, Crown, Vic Park & CBD.
• Council rates - $1704 approx. / Water rates - $1192 approx.
This property could achieve $750 plus per week on the rental market.
WELSH Real Estate has a highly recommended and trusted property management team who would love to talk to you about your investment property and how we can help you.
This property is to be sold via Expressions of Interest closing Thursday 4th June at 6pm (unless sold prior).
Property features
-
Air conditioned
-
Shed
-
Toilets
1
-
Built in wardrobes
-
Broadband
Property snapshot by reiwa.com
This property at 8 Morago Crescent, Cloverdale is a four bedroom, one bathroom house sold by Craig Goodridge at WELSH Real Estate on 05 Jun 2026.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Cloverdale or see other recently sold properties in Cloverdale.
Cost breakdown
-
Council rates: $1,704 / year
-
Water rates: $1,192 / year
Nearby schools
Cloverdale overview
Are you interested in buying, renting or investing in Cloverdale? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Cloverdale offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Cloverdale quick stats
High end
$1.0m
Median
$880k
Low end
$820k
17.3 %
Annual growth
$880k
Annual median sales price
$725pw
Annual median rental price
