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147 Hardey Road, Belmont WA 6104

From $1,149,000

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$1.15M - $1.21M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1148 m² 255 m²

Listed: yesterday

Overview

This solid double brick residence from the 1960s offers a rare opportunity for investors or developers to capitalize on its flexible possibilities and prime location just 10km from the Perth CBD. Situated on a generous 1,148sqm square land parcel with a favourable 24m frontage, the property presents multiple avenues including retention and renovation, subdivision, or pursuing a multi-dwelling project subject to council approval under the R20/40 zoning.

The existing home boasts timber floors and limestone foundations that hint at its sturdy craftsmanship, providing a solid base for either refurbishment or redevelopment. Leased at $720 per week until March 2027, it provides immediate rental income while allowing for future planning.

Ample land size and frontage afford great development flexibility respecting the progressive City of Belmont vision.
Close proximity to essential amenities including transport, parks, and shopping centers enhances convenience for future occupants or tenants.
The property's location within a historically high-growth area reinforces its investment potential.

Whether you are a developer looking to harness zoning benefits or an investor seeking a property with secure income and future upside, this offering provides a versatile foundation to suit various strategies.

Local Market Insights

In Belmont, Quiet Listings observed 20 new houses entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $934,045. The property type mix of listed properties is predominantly Houses at 63%, followed by commercial properties (14%), and apartments (9%). The most active agency for houses in the Belmont area is currently Blue Chip Real Estate, representing 20% of new listings, followed by Ray White with 15%. 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.