267 Keymer Street, Cloverdale WA 6105

Large 803sqm block in Cloverdale | Rare 3×1 configuration with generous parking | Within Belmont City College catchment | Strong land-value proposition This property’s competitive strength lies in its land-to-improvement ratio; the 803sqm block is uncommon for a 3×1 house in this pocket of Cloverdale, giving a buyer positioning advantage over standard-size lots. Four-car parking is a distinct edge, and the location inside the Belmont City College intake area adds family-based demand. The property serves best an investor or renovator seeking a long-term land bank with immediate rental income potential, or a buyer prepared to hold for capital growth driven by the land component. Risk is the single bathroom and older dwelling condition, which may suppress competition from owner-occupiers and limit short-term capital uplift if left unrenovated. That reduced demand effectively lowers entry cost for the land-focused buyer. Opportunity lies in the site’s redevelopment optionality, subject to council approval, or in a strategic renovation to improve yield without overcapitalising. Hold for land appreciation or add value through modest upgrades while collecting rental income.