Rare Development Potential

The owners want to go their separate ways and in order to do so this rare triplex potential, ultimate development site in the heart of Belmont MUST BE SOLD to the highest bidder.

So now is your chance to secure the ULTIMATE development opportunity in the heart of Belmont. Purchase this real estate today and sub-divide tomorrow, or land-bank for your future and hold onto this rare triplex potential site. With prime positioning that is set to benefit from the upcoming Redcliffe train station precinct as well as all the current brilliant amenities that the ever improving City of Belmont has to offer.

Walking distance from the Belmont Forum, Oasis Leisure center, libraries AND both primary and high schools. This larger, flat 948sqm block is currently zoned R20, however thanks to its prime corner-block position, the astute buyer will be able to access R30 zoning and thus build three good size, 10m+ street frontage lots (Subject to council approval of course)!

The current dwelling is double brick, with 3 cozy bedrooms, 1 bathroom (with separate WC) and raised ceilings throughout. With some TLC you could live comfortably here for years to come. There’s a single car garage to store your pride and joy and plenty of garden for you to tend to until you decide the time is right to capitalize on your investment.

Key Features:
– Massive 948sqm corner block
– Incredible Belmont location
– Triplex sight potential today- three street frontage lots
– 3 Bedrooms
– 1 Bathroom

Call The Mitchell Brothers to arrange your private inspection:

Alex Mitchell 0404 122 943
Nick Mitchell 0415 833 131

Property ID: 915093