Here's one that ticks all the boxes for savvy investors and developers. A whopping 1,037sqm of prime land on a leafy Cloverdale street, zoned R20/40, and already bringing in $850 a week in rent. Whether you're looking to landbank, subdivide, or go full-scale development* — this block's got the potential and the position to back it up.
The current home is double brick and full of possibilities. It's set up as two separate living spaces, giving you a dual-income stream from day one. The front section includes a loungeroom, master bedroom, combined kitchen/dining, a second smaller living area (ideal as a study or makeshift bedroom), plus bathroom/laundry. Out the back, with its own entrance, you've got a self-contained setup with a lounge/kitchenette, bedroom, and bathroom.
Why it stacks up:
* Premium 1,037sqm block zoned R20/40
* Already generating $850/week (periodic lease, dual income setup)
* Existing approved plans for 4 x two-storey townhouses available on request
* Potential to develop 8–9 apartments (STCA) – just like the site a few doors up
* Wide frontage, great side access, and a shed/workshop out the back
* Sold As Is, Where Is – no fluff, no fuss
The location seals the deal — one street over from Belgravia Street shops and eateries, with parks and buses in easy walking distance. Belmont Forum, Reading Cinemas, Crown, Ascot Racecourse, Vic Park, the Swan River and Perth Airport are all just minutes away.
Ready to explore the potential? Reach out — we'll be happy to show you more.
For more information and inspection times contact:
Agent: Danny Sharrett
Mobile: 0421 088 467
PROPERTY INFORMATION
Council Rates: $397.48 per qtr
Water Rates: $310.50 per qtr
Block Size: 1,037 sqm
Zoning: R20/40
Dwelling Type: House
Floor Plan: Not Available
Rent per week: $850.00 pw
Lease: Periodic; Contact Agent for more info
Expressions of Interest Close 11th July 2025 at 5pm (unless sold prior).
*Any reference to development potential is subject to planning and approval by relevant authorities. Potential Buyers are encouraged to make their own enquiries in relation to any intended plans for future development of this site.
INFORMATION DISCLAIMER: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document. Century 21 Team Brockhurst provides this information without any express or implied warranty as to its accuracy or currency.