161 Belmont Avenue, Belmont WA 6104

Located only 650 metres from the upgraded Belmont Forum this property will suit the savvy investor or developer. It is extremely tired which allows an investor to "add value" and sit on this R20/50/100 site. There is only so many of these properties in the TC (Town Centre) and they are getting re-developed at a fast rate.Developers, this is good value as its land only value or may be less, bus route right out front and whether you build townhouses or apartments you can catch city glimpses.

This block has many re-development options, the sellers are looking for offers, they are highly motivated to sell being a past family home of theirs and the recent loss of their dad.

andbull; Potential for 7-12 apartments dependent on configuration/rooms
andbull; Potential for 3-4 townhouses
andbull; Potential for 2 single level homes
andbull; Potential to retain existing home and create a second block

Sold "as is" or with conditions dependent on negotiations.
It will be compliant to electrical RCD and Smoke Alarm laws.

Please note images of Belmont Forum are not taken from the property.

For a full set of images please email [email protected]