Set in quiet cul-de-sac location and with the bonus of a comfortable 3 bedroom home to live on or rent out while you plan your development, this prime 713sqm block has the benefit of a wide 22.43m frontage, making it ideal for side-by-side subdivision into two 'green title' lots, or potential for development of up to three new townhouses **. The existing home is surprisingly spacious, with a big family room extension opening to a rear patio. Currently leased to a great long term tenant until November 2022, rental income is assured while you work on your plans.

• Prime 713sqm block with a wide 22.43m frontage, zoned R20/40 **
• Potential for subdivision or townhouse development **
• Basic but comfortable 3 bedroom brick home with family room extension, currently leased at $350pw
• Quiet location, easy access to Perth Airport (approx. 4km) and the city (approx. 7km)
• Just 1km to Belmont Oasis, 1.3km to Belmont Forum, 2km to the river, 6km to Optus Stadium

THE DETAILS:

Council Rates: $1,355.43 p/a (approx.)
Water Rates: $1,046.80 p/a (approx.)
Local Authority: City of Belmont
Zoning: R20/40
Primary School Catchment: Belmont Primary School
Secondary School Catchment: Belmont City College
Lease: Currently leased at $350 per week until 15th November 2022
Inspect: Contact Agent

It is proving to be increasingly rare to find development opportunities in this price bracket so close to the city. Please call Nik Jones 0417913966 for further information or to arrange a viewing.

(Disclaimer: Prospective buyers should make their own enquiries with relevant authorities regarding the development potential of the site. The property is being sold on an 'as-is, where-is' basis)