Set on an elevated 728m² block perched at the top of a natural rise, this outstanding blank-canvas opportunity presents immense potential for developers, builders and astute investors seeking to capitalise on views, elevation and future upside in a tightly held pocket of Balga.
The high positioning of the site creates a rare opportunity to design a well-executed two-storey development that would unlock sweeping outlooks across the surrounding suburbs, from Tuart Hill through to Karrinyup - a genuine point of difference rarely available within the area. With council approved engineered boundary retaining works already completed, the rear of the block has an additional 1 metre of elevation. Retaining walls are recon limestone designed to support a parapet wall, opening up creative opportunities for the architect to maximise space and location of a new dwelling. This provides a valuable head start on site preparation and reduces future development costs and timelines.
The existing home has solid bones and offers scope to renovate and add value, providing flexibility for buyers not looking to develop immediately. The property can also be sold with a periodic lease in place, delivering holding income while future plans, approvals or market timing are optimised.
Whether you're considering an immediate development project, a renovation and hold strategy, or a longer-term land-bank, this property delivers multiple pathways to value creation, underpinned by elevation, outlook potential and a generous landholding in a high-demand location.
Land:
• 728m2
• R40 zoned
• No easements
Location:
• 850m to Balga Plaza Shopping Centre
• 1km to Bina Parkland
• 1.2km to Celebration Park
• 1.2km to North Balga Primary School
• 2km to Balga Senior High School
• 2.3km to North Metropolitan TAFE
