Investors, land bankers and future developers be quick for this extremely rare development opportunity directly opposite the prestigious Belgravia Estate. Situated in the Belgravia/Barker Street zoning policy precinct with a residential R20/60 zoning plus additional land uses available including consulting rooms, office, showroom or studio (STCA). The existing 1955 built three bed home has been a long-term rental property for the current owner and has been maintained to a high standard in tip top condition. With the Belmont City set to explode and properties on large blocks becoming scarce, now is the time to secure high density zoned property for future development. KEY FEATURES INCLUDE: THE HOME • Well maintained 1955 built home in tip top condition. • Classic entrance hallway with separate a/c lounge room • Remodelled country kitchen/dining with jarrah boards. • Neutral décor plus modern bathroom / laundry area. • Currently leased at $400pw until 23/3/25 to great tenant. THE BLOCK • Rectangular 771sqm block zoned residential R20/60. • Belgravia/Barker St policy precinct with additional usage. • Can include consulting rooms, office, showroom & studio. • Mixed use / residential development available (STCA). • Directly opposite the prestigious upmarket Belgravia Estate THE LOCATION • Short walk to Centenary Park, Ascot Waters & Swan River. • Schooling, shopping. medical and races very close vicinity. • Airport, Redcliffe Station, DFO & Cosco 5/10mins away. • Crown Casino, Optus, Vic Park & CBD 5/10mins away. • High capital growth currently running at nearly 20% pa. Move quickly on this rare opportunity and express your interest today with Belmont's # 1 agent DEVON KELLY "Mr Belmont" on 0417 936 277.