274 Wright St, Cloverdale is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 688m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
A rare offering welcome to 274 Wright Street, Cloverdale. Renovated and extended since originally built in 1965 to what it is today versatile home suited to large extended families who crave a bit of extra space and love to entertain, all only metres away from Belmont Shopping and Entertainment Precinct.
INVESTORS NOTE: WITH
AN EXPECTED RENTAL RETURN BETWEEN $800-$900pw THIS IS AN INCREDIBLE OPPORTUNITY - 5.8% return +
Features include:
- Originally built in 1965 since then considerable renovations and extensions have occurred.
- Formal lounge
- Huge kitchen/dining/family room
- 2 kitchen areas
- Massive master bedroom with walk in robe and ensuite (part of the most recent extension situated towards the rear of the home).
- Bedrooms 2,3,4 towards the front of the home with main bathroom conveniently positioned nearby.
- Freestanding teenagers retreat (or 5th bedroom) with additional storage room that could easily convert to a kitchen or bathroom.
- Below ground saltwater pool with water wall, kreepy kraully and pool cover
- Outdoor entertaining area with matador outdoor kitchen with 6 burner BBQ, wok burner, sink and storage.
- Huge alfresco patio area (approx. 55sqm) surrounded by established gardens and koi fishpond.
- Solar PVU power (20 panels)
- Air-conditioned
- Gas available and connected (gas hotplate, multiple bayonet points)
- Sewerage available and connected.
- 2 car carports with thru access ability to alfresco patio area if extra parking is required.
- 688sqm block with 16.76m frontage
- Zoned R20/50/100
Located none better with local bus route passing by the front door, and primary and secondary schooling walking distance away. Frequent flyers will appreciate the convenience to the airport and investors will relish the income potential with so much accommodation on offer, and the jewel in the crown the R20/50/100 zoning potential that allows for a myriad of redevelopment options.
For more information contact the Cloverdale property specialist Kim Findlay on 0404 461 174.
The size of Cloverdale is approximately 3.9 square kilometres. It has 14 parks covering nearly 12.7% of total area. The population of Cloverdale in 2011 was 7,272 people. By 2016 the population was 8,073 showing a population growth of 11.0% in the area during that time. The predominant age group in Cloverdale is 20-29 years. Households in Cloverdale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cloverdale work in a trades occupation. In 2011, 59.9% of the homes in Cloverdale were owner-occupied compared with 56.9% in 2016.
Cloverdale has 4,655 properties. Over the last 5 years, Houses in Cloverdale have seen a 73.82% increase in median value, while Units have seen a 60.25% increase. As at 31 August 2024:
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