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29 Wells Street, Bellevue, WA 6056, 8 Bedrooms, 4 Bathrooms, House

EOI MID $1Ms

29 Wells Street, Bellevue, WA 6056

8
4
1222m2
HouseListed on Mon Oct 7

Bellevue 8 Bedroom WHOPPORTUNITY!

Now here's an investment opportunity you don't see every day.

This absolute charming circa 1920s built brick & iron cottage has eight bedrooms and four bathrooms, covers two lots but is on one green title.

Set up as four separate 2 x 1 units (each with own power and water metres), each has a sitting periodical tenant with a settlement return of $1230pw.

But here's the thing.

The location is in the heart of Bellevue's General Industrial area and the zoning is exactly that.

According to The City of Swan, the objectives of the General Industrial Zone are to provide for a generally larger scale industrial development, including manufacturing, servicing, storage & distribution.

Imagine the possibilities!

We are seeking Expressions of Interest in the mid one millions and if you do your homework, on a per square metre basis, you will find this is a very attractive prospect indeed.

Enjoy the current return with four happy tenants or develop and prosper.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Midvale Primary School
1.38 km
Primary
K-6
Government
icsea: 883
Woodbridge Primary School
2.15 km
Primary
K-6
Government
icsea: 1009
School of Special Educational Needs: Behaviour and Engagement - Midland Learning Academy
2.16 km
Secondary
7-12
Government
-
Clayton View Primary School
2.22 km
Primary
K-6
Government
icsea: 843
St Anthony's School
2.47 km
Primary
PP-6
Catholic
icsea: 1032
Moorditj Noongar Community College
2.55 km
Primary
K-6
Government
icsea: 634
La Salle College
2.68 km
Secondary
7-12
Catholic
icsea: 1022
St Brigid's Primary School
2.73 km
Primary
PP-6
Catholic
icsea: 1020
Swan View Senior High School
2.76 km
Secondary
7-12
Government
icsea: 913
Governor Stirling Senior High School
2.79 km
Secondary
7-12
Government
icsea: 973

Property history

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Bellevue surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Cope Street, Midland
0.04 km
2
1
-m2
Year 2024 Month 12 Day 10
-
Council approved
2 Brockman Road, Midland
0.92 km
3
2
-m2
Year 2024 Month 12 Day 08
$1,250,000
Council approved
17 Helen Street, Bellevue
0.39 km
4
2
123m2
Year 2024 Month 09 Day 22
-
Council approved
5 Cope Street, Midland
0.13 km
0
0
-m2
Year 2024 Month 09 Day 14
-
Council approved
9A Wellaton Street, Midvale
0.98 km
0
0
-m2
Year 2024 Month 08 Day 19
$220,000
Council approved

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Ref:25513Last update:2024-11-27 05:20:43