Town Centre - R20/50/100
Outstanding corner development block - 501sqm. Priced at land with bonus holding income potential.
Highly sought after Town Centre zoning. At R100, the plot ratio is 1.25, providing potential to build up to 626sqm of building. There are certainly a lot of popular apartment build options. At R40, the corner configuration also provides 2 lot subdivision potential and the Seller has plans and WAPC approval for 2 townhouses - Bonus! You may consider this or alternatively build one townhouse and one single level home. Check with Belmont City, check with your Builder and check with your Bank. This is an entry point investment with buckets of money making potential.
Inspection is strictly by appointment.
The older style renovated double brick and tile cottage is compact, but offers potential to extend, develop or simply hold for superannuation.
Currently let on a fixed term lease until January, 2014 @ $340 per week. Great tenant has indicated they may stay on by negotiation. Vacant possession is also available.
Outstanding surrounding amenities include 5 Star Belmont Forum, Belmont Village, Reading Cinemas, Belmont Library, Council 翻譯中文