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Overview
This unique offering includes three adjoining properties at 9, 11 and 11A Homewood Street, Cloverdale, providing a rare and strategic landholding opportunity under the R20/100 zoning. Ideal for developers, investors, or land-bankers, the substantial combined land area of 809 sqm offers significant potential for higher-density residential or apartment-style development, subject to planning approvals and due diligence.
The existing single brick and tile residence, built in 1967, features three bedrooms, one bathroom, an open-plan kitchen and dining area, and spacious living spaces with floating floorboards. Additional conveniences include a separate laundry and toilet, an enclosed rear yard with a paved patio, a large workshop, a single carport with drive-through access, and extra driveway parking. This accommodation provides immediate utility and serves as a practical holding option while exploring future development possibilities.
Set within a well-established and convenient Cloverdale locale, the site benefits from proximity to Forester Park, established recreational facilities, Belmont Forum shopping centre, public transport, and major road connections, all within easy reach of Perth CBD and the airport. This accessibility enhances the land’s appeal for redevelopment or retention strategies.
Purchasers are encouraged to undertake their own investigations into feasible development options and local planning requirements. Whether aiming for redevelopment, land banking, or multiple dwelling configurations, this combined purchase offers the scale and flexibility difficult to achieve with individual acquisitions.
Overall, this is a compelling opportunity for those seeking to secure a significant landholding with strong underlying value and multiple exit strategies in a strategic metropolitan location.
Local Market Insights
In Cloverdale, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $1,020,112. The property type mix of listed properties is predominantly Houses at 62%, followed by apartments (17%), and townhouses (7%). The most active agency for houses in the Cloverdale area is currently The Agency, representing 41% of new listings, followed by Ray White with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cloverdale WA 6105
Market Insights for Cloverdale WA 6105
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