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Overview
Set in a quiet cul-de-sac within the sought-after Cloverdale area, this solidly constructed 1979 double-brick and tile house offers not only comfortable living but also a significant land holding that presents substantial potential for future development. Occupying a generous 707 square meter block with an 19 meter frontage, the existing residence features four bedrooms and a bathroom, complemented by practical amenities including built-in robes and air conditioning, ensuring convenience and comfort upon entry.
Beyond the current home, the true appeal of this property lies in the possibilities the R20/40 zoning unlocks. Three conceptual subdivision options crafted by professional consultants illustrate diverse development avenues. From retaining the existing home on a reduced parcel while creating a rear battleaxe lot, to demolishing the current building and crafting side-by-side lots, or pursuing a more ambitious three-lot survey-strata development, each pathway offers prospective owners flexibility to tailor the site to their investment or lifestyle goals, subject to council approvals.
The outdoor space enhances lifestyle appeal with an undercover rear patio ideal for relaxing or entertaining while enjoying ample space for gardening or recreation. This versatility caters to families seeking room to grow, investors evaluating development opportunities, or holders seeking a long-term asset in a convenient location.
Located advantageously close to Belmont Forum, local schools, parks, and public transport, the site ensures easy connectivity to Perth Airport, Great Eastern Highway, and the central business district, combining land potential with lifestyle and accessibility.
Local Market Insights
In Cloverdale, Quiet Listings observed 20 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $929,640. The property type mix of listed properties is predominantly Houses at 69%, followed by apartments (14%), and townhouses (9%). The most active agency for houses in the Cloverdale area is currently The Agency, representing 25% of new listings, followed by Ray White with 20%. 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.