12 Kingsfold Street, Balga WA 6061

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