**Please Note: The owner received multiple offers on this property within 48 hours of listing it, and it is now Under Offer. We will still conduct the first viewing on February 7th, but no further viewings will be scheduled after that, and no further offers can be accepted.**
Build your dream home, land bank or create a boutique development, it's all up to you! Situated just opposite Balga Senior High School on one side and Redcliffe Avenue Nature Reserve on the other, this very generous block is open to numerous possibilities.
The property recently had planning approval for three new 3 or 4 bedroom villas all with their own street frontage. Alternatively, it has also previously received WAPC subdivision approval for 3 street front strata lots (280m2 to 286m2 each).
The existing 3 bedroom 1 bathroom home is neat and tidy and currently rented to reliable long term tenants on a periodic lease at $500 per week.
Larger corner lots like this are much rarer in Balga. Being a corner lot, future developments have the possibility of 3 street front lots all with their own private driveways and developers lose less useable land area to driveway. Being a larger lot provides a lot more flexibility to the size of the villas and individual yards on future subdivisions. We anticipate this will get snapped up quickly, so we encourage you to express your interest and present an offer ASAP.
Features at a Glance:
• 3 Bedrooms 1 Bathroom 1 Patio 1 Carport 1 Shed
• 846m2 flat corner lot Zoned R40 (two street frontages)
• Previous planning approval for 3 street front villas (expired 3/8/2025)
• Previous planning approval for 3 street front strata lots (expired March 2024)
• Superb location opposite park & Balga Senior High School
• Currently rented at $500/week on a periodic lease (market rent likely around $570/week now)
• Existing home built in 1981 and in neat but largely original condition
• BAL rating of 19 upon last planning approval
• Less than 4kms (or 6 minutes drive) to Mirabooka Square Shopping Centre
• Around 10kms (or 15 minutes drive) from the beach (Mettams Pool or Trigg Beach)
• Around 15kms from the center of Perth City (or just over 20 minutes drive)
• Council Rates: $1,684 p.a. Water Rates: $994 p.a.
