IN its position and condition, this three-bedroom 1950s brick veneer house provides options for a range of buyers.

Maintained in a good condition and located on a 613sq m corner block close to Belmont’s High St shopping strip, the property is a live option for first-home buyers, investors and developers.

7A George St, Belmont.

Each bedroom has a built-in wardrobe and shared the central bathroom and separate laundry.

The kitchen has gas cooking, while the spacious living room opens to a sunroom that leads to a deck at the rear of the house.

7A George St, Belmont.

But the real bonus of this property is its two street frontages and Residential Growth zoning.

There are frontages to George and Regent St, meaning a developer could devise a plan to place two units on the block.

7A George St, Belmont.

In the meantime, the property has an estimated rental return of $350 a week, providing a solid income while the planning process continues.

7A George St, Belmont, goes to auction at 11am on August 5. For details, contact Newfangle, Newtown agent Colin Smith on 0418 501 177.