Set on a generous 708 sqm block, R20/50/100 zoning and 18.77 m frontage, this property presents a standout opportunity for those looking to capitalise on strong development potential. With flexible zoning already in place, the site offers scope for townhouse or multi-dwelling development (subject to relevant approvals), making it an attractive option for investors, developers, or forward-thinking buyers.
While the existing home is comfortable and well-maintained, the true value lies in the land and its versatility. The current layout, with multiple living areas, a functional kitchen, and an enclosed sunroom, provides the option to generate rental income or occupy while planning your next move.
The expansive outdoor area further highlights the property's potential, offering ample space for redevelopment, extensions, or reconfiguration to maximise the block's value. Whether you're considering retaining and building at the rear, a full redevelopment, or land banking for future gains, the possibilities here are substantial.
Positioned on a well-proportioned block with flexible zoning, this is a rare chance to secure a property that delivers both immediate usability and significant long-term upside.
Features include;
• 708sqm block zoned R20/50/100
• Suitable for townhouse or apartment development
• Separate front lounge room
• Spacious open plan kitchen and meals area
• Functional kitchen with good storage and electric cooking
• Timber-look flooring to lounge room and dining area
• Enclosed sunroom providing additional space for living or home office
• Three well-sized bedrooms
• Bathroom with separate bath and shower
• Separate toilet and laundry
• Ducted evaporative air conditioning
• Gas bayonet
• Solar hot water system
• Spacious, easy-care gardens
• Single garage with additional space for up to three cars
• Water Rates: $1,222.92 pa approx.
• Council Rates: $1,842.09 pa approx.
• Currently tenanted at $650 pw till 30/4/2026 increasing to $700 pw on 6/11/2026
Location features;
• Moments to Belmont Forum, Reading Cinemas and Belmont Oasis Leisure Complex
• Easy access to Great Eastern Highway, Abernethy Road, Orrong Road and Tonkin Highway
• Enjoy the open spaces of nearby Faulkner Park, Peet Park and Forster Park
Expressions of Interest Close 13 May 2026 at 7.30pm (unless sold prior).
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
