11 George Street, Belmont, WA, 6104

Sold

Property Summary

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Type Residential Sale
Price $800,000
Suburb Belmont
Property Type House
Land Size 1098 m2
Sold At 01/06/2021
Sold Price $800,000
Council Rates $1,390 per year
Water Rates $1,087 per year

Property Tools

$800k reasons to List with Ross Kretschmar ........multiple offers, GONE , cash sale

Hard to believe properties like this still exist!

The house is sitting on two (2) 549sqm lots Zoned R20/40. Redevelopment options for the R20/40 zoned 1098sqm include;
Create three 3 blocks to on sell
Build 5 Townhouses, 10 Apartments, dependent on configuration - 1x1's, 2x1's, 2x2's.

The 24.38 metre frontage makes it a developers dream.

Could a savvy owner/occupier possibly buy this property, or be trumped by the Investor/Developer?

The home itself was built in 1954, yes, a few years after the Colosseum, yet still built by Italians. A much loved property by the seller as she watched the passersby as a small child behind the front brick fence.

This property oozes "Like Me" - "Love Me". The property next door (vacant land) is the same size block and has been land banked at $800,000 since 2015.

With low interest rates and rising property prices, this is a Rolls Royce type property that someone MUST HAVE, is it you?

* 3 x 1 x 1 home with high ceilings
* Bathroom with shower and bath
* Security doors, air-conditioning
* Electric hot water system with chip burner back up
* Westinghouse oven that must have been one of the first - beautiful!
* Everhot chip (wood) burner oven that heats water and no doubt be a collectors delight
* Original Italian kitchen with table yet separate dining room as well
* Bore reticulation to lawns and garden
* Garage is 1.5 car plus bike

Make an Enquiry

Ross Kretschmar

Ross Kretschmar

P: (08) 9270 7200

M: 0418 907 515

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