176 Alexander Road, Belmont WA 6104

Zoned R20/50/100 represents a possibility to build up to 6 units, a unique opportunity to land bank or develop this 710m2 site.

The Town Centre Precinct of the City of Belmont, which is subject to The City of Belmont Local Planning Scheme No15 allows for flexibility with unit or apartment developments with possibilities of up to 6 units.

Parks, Schools, Belmont Forum, bulky warehouses, Ascot Race Course, Crown Perth, Optus Stadium, Perth CBD, Perth Airport are all in close proximity, in short a very central location.

The freshly painted and presentable home consists of 3 bedroom, 1 bathroom, separate lounge, open plan kitchen and meals area. Rental appraisal indicates a weekly rent between $260 to $300 per week.

City of Belmont Planning Scheme No15 link: http://www.belmont.wa.gov.au/Services/Planning/Pages/Local-Planning-Scheme-15.aspx http://www.belmont.wa.gov.au/Services/Planning/Documents/Local%20Planning%20Policy%2001%20-%20Town%20Centre%20Density%20Bonus%20Requirements%20and%20Fact%20Sheet%20Town%20Centre%20Frame%20Additional%20Uses.pdf

This property zoning represents a rare opportunity to take advantage of our rising market.