OFF MARKET

401 Belmont Avenue
Cloverdale WA 6105

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 589m2
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Last updated 28 Oct 2024
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Property Details for 401 Belmont Ave, Cloverdale

Building Type
Commercial
Year Built
1974
Floor Size
102m2
Land Size
589m2
Local Government
Belmont
Lot/Plan
1/S054419

Last Listing description (September 2021)

( INVESTOR/DEVELOPER RED HOT SPECIAL)Two spacious double brick and tile duplex halves in excellent condition returning a combined $34,320pa ($660pw) to great long-term tenants. Situated on quiet corner block opposite Kewdale Primary and set on Transperth bus route it is just perfect for your future development. Rarely does a prime street frontage development site come along with a near positively geared holding income, so be quick to enquire.GOLDEN KEY FEATURES INCLUDE- Prime 994sqm corner zoned R20/30 with street frontage triplex potential.- Demolish existing dwellings and build three 4x2x2 street frontage homes.- Demolish and create three street frontage blocks or house/land packages.- Well-presented three bedroom double brick & tile duplex's (117sqm each).- Spacious living area, neutral decor, modern kitchens/bathrooms & aircons.- Own single carports, shady patios areas and plenty of space for kids & pets. - Two separate strata titles with no common area and no strata feesapplicable.- Close to Belmont Forum, parklands, Perth Airport, Optus & Victoria Park strip.Don't delay on this one contact Belmont #1 agent DEVON KELLY 0417 936 277 or DANIEL KELLY 0456 180 575 to make your offer today.

Property History for 401 Belmont Ave, Cloverdale, WA 6105

A timeline of how this property has performed in the market
Last Sold
$330,000
01 Jul 2021
Listed for Rent
24 Jan 2017
  • 01 Jul 2021
    Sold for $330,000
  • 26 Jun 2021
    Listed for Sale SOLD BY MR BELMONT
  • 31 May 2021
    Listed for Sale $649,000 - $699,000
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About Cloverdale 6105

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 4,643 properties. Over the last 5 years, Houses in Cloverdale have seen a 77.02% increase in median value, while Units have seen a 64.45% increase. As at 30 September 2024:

  • The median value for Houses in Cloverdale is $707,312 while the median value for Units is $497,037.
  • Houses have a median rent of $645 while Units have a median rent of $575.
There are currently 34 properties listed for sale, and 7 properties listed for rent in Cloverdale on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Cloverdale.

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