Unleash the potential of this exciting R20/R40 development site, comfortably sitting on a generous 822sqm (approx.) block in the heart of suburban Belmont. With multiple possibilities, this promising property offers savvy investors the chance to retain the existing 3 bedroom 1 bathroom home and subdivide the rear, subject to Western Australian Planning Commission (WAPC) and local-council approvals. Alternatively, you could knock down and redevelop into 3-4 units (again, subject to relevant approvals), maximising the potential of this prime parcel of land. To be sold on an "as is, where is" basis, this unique residence provides an excellent opportunity to renovate with love and hold as a smart investment, while you plan your future development. An ultra-convenient location beckons too, very handy to the local All Foods Market Belmont IGA, public transport, lush local parklands, excellent schools, the river, Ascot Racecourse, the city, Crown Towers, our world-class Optus Stadium, Perth Airport and shopping at either Belmont Forum, Costco or the DFO Perth. Talk about sitting on a goldmine! Contact Nigel Ross to register your interest in this premium blank canvas, today! Features include, but are not limited to: • Existing 3x1 original house • Entry verandah • High ceilings • Carpeted front lounge room • Tiled open-plan dining and kitchen area - with split-system air-conditioning • Carpeted bedrooms • Practical bathroom with a separate shower and bathtub • Feature ceiling cornices • Skirting boards • Separate single lock-up garage - with a roller door for security • Massive "blank canvas" of a backyard • Huge 822sqm (approx.) block • R20/R40 development site • Potential to retain at the front and subdivide at the rear • Potential to knock down and develop into 3-4 units • All subject to WAPC and local-council approvals • Sold on an "as is, where is" basis
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