130 Clayton Street, Bellevue WA 6056

Heritage cottage | large 988sqm block | Swan Valley proximity | solar panels installed This property offers a rare combination of a heritage-listed cottage on a substantial 988sqm lot within the Swan local government area, a configuration that is increasingly scarce in the Bellevue market. The 1915 structure provides character and a separate dining room, while solar panels and air conditioning add modern efficiency. For a buyer seeking a house with expansion potential or dual-occupancy possibilities, the large block and absence of bushfire or flood overlays reduce site constraints. This property best suits a buyer looking for a long-term hold with scope to renovate or subdivide, given the residential zoning and school catchment location. The primary risk is the heritage overlay, which may limit external alterations and require council approval for significant changes, potentially adding time and cost to any redevelopment plans. The current NBN Fibre to the Node connectivity is adequate but not a premium feature. However, the property’s 2020 sale history and current estimated value of $878,000 suggest a reasonable entry point relative to the land size. The commercial logic is to acquire for land banking or a phased renovation, leveraging the rental income potential of $695 per week to offset holding costs. Hold this property as a medium-term investment, targeting capital growth from land value appreciation rather than immediate structural returns.