Prime Development Potential - 728sqm R40 Block
Whether you're a first-home buyer, investor, or developer, this property offers flexibility, strong returns, and future growth in one of Perth's most promising suburbs-just 13km north of the CBD.
Set on a 728sqm block zoned R40, this well-maintained home presents an exciting opportunity: move in as-is, renovate and retain, subdivide, or develop two or three new dwellings (STCA).
Property Features:
- 6 Bedrooms, 2 Bathrooms, 2 Car Bays
- Spacious 191sqm internal living area
- Open plan kitchen, dining, and living area with ceiling fans
- Front lounge room with fireplace
- Reverse cycle air-conditioning units throughout
- Freshly carpeted rooms
- Freshly painted
- Master bedroom with walk-in robe
- Five minor bedrooms, two with built-in robes
- Security screens
- Rear verandah and front yard gazebo
- Ample parking - perfect for multiple vehicles, a caravan, boat, or visiting guests
Investment Snapshot:
Currently tenanted on a periodic lease, the property provides a solid holding income while you plan your next move. The rental potential is approximately $850.00 per week.
Outgoings (2024/2025)
- Council Rates: Approx. $1,809.46 per annum
- Water Rates: Approx. $1,291.57 per annum
Prime Location:
- Walking distance to shops and public transport
- Centrally positioned between Malaga, Wangara, and Osborne Park-major employment hubs
- Easy access to main roads and amenities
Why Balga?
Part of the New North redevelopment initiative, Balga is a suburb on the rise. Its central location, affordability, and strong community infrastructure make it a top pick for savvy buyers and investors.
Don't Miss Out! With options to retain, rent, or redevelop, this is your chance to secure a rare gem.
Contact Walter Iustini on mobile 0418 912 682 or email [email protected].
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified. Please note, that some images have been modified with some virtual furniture and fittings, for illustration purposes only.
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