Seize this rare opportunity to secure two adjacent properties in Belmont, boasting a combined land area of approximately 1,515m² and R20 zoning. These character homes, currently tenanted, offer a dual stream of rental income with potential for subdivision into 3 lots (STCA). Positioned near Belmont Forum, schools, parks, and transport, they present an ideal canvas for development, investment, or multi-generational living. Act now to unlock their enormous potential and secure your slice of Belmont’s growing landscape.
Property Highlights:
227 Belgravia Street, Belmont - Lot 1 (766m²)
- Three-bedroom, one-bathroom home (102m² built area).
- Brick and tile construction with jarrah floorboards.
- Updated bathroom and modern interior features.
- Large living area with split-system air conditioning.
- Spacious backyard and storage shed.
- Leased for $550 per week until June 2025
322 Alexander Road, Belmont - Lot 2 (749m²)
- Two-bedroom, one-bathroom home (94m² built area).
- Brick and tile construction with spacious living/dining areas.
- Mirrored built-in robes in the main bedroom.
- Drive-through access and large storage shed.
- Leased for $410 per week until October 2025.
Location Summary:
- Approx. 20-minute walk to Belmont Forum Shopping Centre.
- Proximity to Belmont City College and Cloverdale Primary School (5-minute walk).
- Surrounded by parks including Miles Park, Signal Hill Reserve, and Faulkner Park.
- Convenient bus services along Alexander Road.
- Brilliant corner location, rare!
Development/Subdivision Potential:
- Combined land size of approx. 1,515m² zoned R20.
- Development plans prepared for 3 lot subdivision (STCA).
- Corner lot (Lot 2) may qualify for R30 coding, enabling further subdivision potential.
- Ideal for multi-unit development or dual occupancy.
- Check with the City of Belmont for detailed planning guidance.
Leasing/Investment Highlights
- Combined rental income of $960 per week with long-term leases in place.
- Low-maintenance brick and tile homes with modern features.
- High-demand location with strong rental returns.
- HouseSmart offers comprehensive property management services for seamless ownership.
Don’t miss this unique chance to develop, invest, or create your dream multi-home estate. Contact us today!
This Belmont property is a five bedroom, two bathroom house listed for sale by Adam Bettison at HouseSmart Real Estate Pty Ltd.
For more information about Belmont, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Belmont profile page.
If you would like to get in touch with Adam Bettison regarding this property, please call 08 9378 2555 or contact the agent via email.
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Track propertyBelmont 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.