131 Gabriel Street, Cloverdale, WA 6105

Nestled in one of Perth's most promising locations, this property represents a rare investment opportunity that seamlessly blends nostalgic charm with cutting-edge development potential. Set on a sprawling 728m? block with an impressive 17.9m frontage and R20/100 zoning, it offers significant opportunities for subdivision, redevelopment, or even multi-dwelling projects (STCA). Whether your goal is subdivision, multi-unit development, or capitalising on rental demand in this thriving suburb, the possibilities are endless.

Development Potential

? R20/100 Zoning: High-density zoning allows for flexibility, including multiple dwellings or apartments (STCA), making this block ideal for maximising returns.

? Generous Dimensions: A 17.9m frontage and 39.9m depth provide ample space for versatile subdivision layouts or innovative developments.

? Strategic Location: Proximity to Belmont Forum (450m), Perth Airport, (5.3km), Perth CBD (11km) and major transport routes ensures strong demand from various demographics.

Future Growth: Situated in a high-demand area with increasing residential development forecasts, this property is primed for long-term capital gains.

Existing Features

While the current 1969-built brick-and-tile home offers charm and solid timber floorboards, developers can choose to renovate or capitalise on the land's redevelopment potential. The existing home includes:

? 3 bedrooms

? Open-plan living/dining leading to a large backyard

? Carport with side access and roller door

? A paved patio and partially powered workshop

Prime Location Advantages

? Convenience: Only minutes from Belmont Forum's shopping, dining, and entertainment options.

? Accessibility: Close to Perth Airport and major roads, appealing to frequent travelers and FIFO workers.

? Lifestyle Amenities: Parks, schools, and recreational facilities are nearby, enhancing the desirability of future developments.

ALL OFFERS PRESENTED ON TUES 11 FEB 2025 4:00PM (Unless Sold Prior)

The seller reserves the right to accept an offer prior to the closing date without notice.

Please Note: This property is being sold in an "as is" condition.

Disclaimer: This information is provided for general information purposes and reference only. It is based on information provided by the Seller and may be subject to change and/or further enquiry. No warranty or representation is made as to its accuracy and interested parties should make their own independent enquiries.