Not very often do you find a good quality solid brick/tile 60's home in a quiet street with development potential within 1 minute walk of the popular Belmont Forum Shopping Centre and approximately 10 minutes drive to the CBD.
This property offers so much potential for the budding developer, first time buyer or young family. The home is 3 bedrooms, has polished boards, is well maintained and sits on a spacious 728sqm block with a 19m frontage. Ideal to live in or ideal to rent out.
1) For first time buyers it is a great starter home. Most of the hard work has been done just come in and add the finishing touches.
2) For investors there will never be any problem renting a home this close to schools and shopping centre
3) For fly-in/fly-out workers the property is almost midway between the city and the airport
4) For developers we have here a duplex size block. Zoning is R20/R40 so this block is ideal to build 2 properties once the original home is demolished. The block is flat and has no big trees
Developers should definitely check with council as there is a proposed review of the zoning to a higher level of R20/R50/R100. This has been adopted by council and is now before the Western Australian Planning Commission. If it gets past here then goes before the Minister.
