THE DEAL
Positioned in a quiet cul-de-sac in Belmont, this substantial 701sqm landholding presents a rare combination of immediate comfort and long-term opportunity. With an impressive 28.6 metre frontage and zoning of R20/R40, the property offers clear scope for subdivision or redevelopment, making it equally attractive to families, investors and developers seeking a strategic acquisition in a high-growth pocket.
The existing four bedroom, one bathroom residence has been loved and carefully maintained for over 30 years and remains entirely comfortable to move straight into or lease out while future plans are considered. The floor plan is practical and generous, featuring a spacious family room extension that opens onto a covered rear patio, creating a flexible living zone suited to both everyday life and entertaining. Whether retained as a rental, occupied as a primary residence or held during planning stages, the home provides genuine holding income and liveability.
The development fundamentals are compelling. The wide frontage lends itself to a potential side-by-side subdivision into two green title lots, while the R20/R40 zoning may also support the construction of up to three residences, subject to relevant approvals. Opportunities of this scale, in a cul-de-sac setting with such favourable proportions, are increasingly difficult to secure.
Location further strengthens the appeal. The property offers swift access to Optus Stadium, the entertainment precinct at Crown Perth, the Swan River, East Perth and Gloucester Park. Major amenities are all within easy reach, including Belmont Forum, Belmont Oasis Leisure Centre, Reading Cinemas, Costco, DFO Perth, both domestic and international airports, the Perth CBD, Ascot and Belmont racecourses, and Mineral Resources Park. The CBD and airports are approximately 10 minutes away, reinforcing the property's long-term desirability.
SEALS THE DEAL
Offered for sale on an "as is, where is" basis, this is a straightforward opportunity to secure a prime parcel of land with genuine flexibility. Live in it, lease it, land bank it or redevelop it, the choice is yours.
