Positioned in one of Cloverdale's most strategic growth locations, this tightly held family property is being offered to the market for the first time. Set on a substantial 739sqm parcel with highly desirable R20/50/100 zoning, this property presents a rare opportunity for developers, investors, land bankers and owner-occupiers seeking exceptional future upside.
The existing solid brick-and-tile residence provides immediate holding income potential while you explore the numerous development possibilities available (subject to relevant approvals).
Property Features & Highlights
Solid Existing Home – Classic 1960s brick-and-tile construction featuring:
- 3 spacious bedrooms
- 1 bathroom
- Comfortable lounge and living area
- Separate kitchen
- Ample onsite parking
- Value-Add Features
- Split-system air conditioning
- Beautiful jarrah floorboards throughout the lounge and living areas
- Bore-reticulated gardens
- Established improvements ready for immediate occupancy or leasing
Outstanding Location
- Walk to Belmont Forum Shopping Centre and business precinct.
- Easy access to schools, parks, medical facilities and public transport.
- Convenient connections to major arterial roads, Perth Airport and the Perth CBD
Investment & Development Appeal
Whether you're looking to:
Develop now, landbank for future growth, generate rental income while planning and secure a strategic site in a rapidly evolving corridor - 251 Wright Street delivers flexibility, location and significant long-term upside.
The combination of a sizeable landholding, favourable zoning, strong surrounding infrastructure and an existing rentable dwelling makes this one of the most compelling opportunities currently available in the Belmont/Cloverdale precinct.
Council rates per year approx. $1,599.07.
Water rates per year approx. $1,107.32
A Rare Opportunity Not to Be Missed
Properties offering this combination of location, land size and development potential are becoming increasingly difficult to secure.
Enquire today and discover the future potential of 251 Wright Street, Cloverdale.
For further information or to arrange an inspection, contact Franklin Martinez on 0432 448 526 or email Franklin@lauriekelly.com.au.
