Under offer
10 & 12 Kingsfold Street, Balga WA 6061
FROM 1.3Mil - OFFERS CLOSED
Under offer
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7 Bedrooms
-
2 Bathrooms
-
Landsize 1,456m2
House
View
Prime Development Opportunity: Two Side-by-Side R40 Zoned Blocks in Balga with Existing Rental Income
** Properties are available for purchase separately or together, contact agent for more information**
10 & 12 Kingsfold Street Balga presents a rare and exciting opportunity for a savvy and lucky buyer to secure 2 side by side 747m2 and 711m2 development blocks situated in a quiet and convenient pocket of the up and coming Balga! Zoned R40, each block is suitable for a separate 3 unit development or are able to be developed together (STCA).
Both dwellings are currently rented with fantastic tenants who are happy to stay which will provide rental income until you are ready to develop at any point in the future. A fantastic land bank opportunity, contact Ronnie on 0481 962 880 for more information!
Both properties are currently leased: 10 Kingsfold for $440/weekly finishing 19/08/2024 and 12 Kingsfold $450/weekly untill 09/09/2024.
Land
- Approx. 1456m2 combined
- R40 Zoned
- Flat land
- No easements
- Separately titled
Dwelling One Features (10 Kingsfold)
- 746m2
- Built in 1970
- Four Bedrooms
- One Bathroom
- Practical Kitchen
- Spacious living area
- Big backyard!!
Dwelling Two Features (12 Kingsfold)
- 711m2
- Built in 1966
- Three Bedrooms
- One Bathroom
- Spacious Kitchen
- Formal living area
- Big backyard!
Location
- 850m to Reid Hwy
- 950m to North Balga Primary School
- 1.6km to Fieldgate Square Shopping Centre
- 1.7km to Stirling Central Shopping Centre
- 2.0km to Gladys Newton School
- 2.2km to Warriapendi Early Learning Centre
- 2.2km to Warriapendi Primary School
- 2.4km to Balga Senior High School
Property snapshot by reiwa.com
This property at 10 & 12 Kingsfold Street, Balga is a seven bedroom, two bathroom house listed for sale by Ronnie Abboud at Professionals The Wright Team.
For more information about Balga, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Balga profile page.
If you would like to get in touch with Ronnie Abboud regarding 10 & 12 Kingsfold Street, Balga, please call 0481 962 880 or contact the agent via email.
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Balga overview
Balga is northern suburb of Perth located in the City of Stirling. The name "Balga" was adopted in 1954 derived from the Aboriginal word for the indigenous grass tree Xanthorrhoea. Most dwellings in Balga are made of brick and tile, reflecting the period of development and while most residences are detached, there are some grouped dwellings and flats throughout the suburb.
Life in Balga
Balga contains numerous parks, sporting facilities and recreational reserves with the largest being Princess Wallington Reserve. Balga also contains two local shopping centres and several primary schools as well as Balga Senior High School and the North Metropolitan TAFE.
Balga quick stats
High end
$546k
Median
$490k
Low end
$450k
27.3 %
Annual growth
$490k
Annual median sales price
$590pw
Annual median rental price
