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158 Balcatta Road, Balcatta WA 6021

Sold price: $11,000,000 Sold: 07 Dec 2022
Sold
  • Landsize 13,345m2
Land
158 Balcatta Road, Balcatta WA 6021

Once in a Lifetime Opportunity!

On behalf of the vendor, Jay Harrison at Edison McGrath is pleased to exclusively present 158 Balcatta Road to the market For Sale for the first time in over 60 years.

HISTORY AND OPPORTUNITY:
Approximately 60 years ago, an astute Market Gardener named Ernie purchased a bush block in a new development known as Balcatta. The huge landholding and modest 2 Bed 1 Bath Fibro House served its purpose as both home to Ernie and his family, but also as a reliable source of income.

After clearing the block, Ernie developed his gardens and spent over 50 years selling and providing the community with a variety of fresh produce at local markets.

As time went on, the community developed around him. With many offers to purchase and develop the land, Ernie held on, and for this, 158 Balcatta Road has been admired by thousands of people passing by every day as an ode to what Balcatta once was.

Although the house would now suit renovation via D9 Caterpillar, and gardens no longer used, the house and sheds are still occupied, and in use by his family to this day.

The opportunity with this property is to develop facilities within the Mixed Business zone of Balcatta on one of the largest, and only remaining vacant landholdings. Truly one of the last of its kind in the community.

LOCATION:
The Property is approximately 11km North of Perth Central Business District. Balcatta Road is considered a main road that leads on to Mitchell Freeway, Reid Highway, Erindale Road and Wanneroo Road and utilised by thousands of vehicles each day.

DIMENSIONS AND AREA:
Shape: Rectangular*
Frontage to Balcatta Road: 70.41 metres*
Eastern Depth: 189.39 metres*
Western Depth: 186.39 metres*
Area: 1.3345 hectares*

ZONING:
- Mixed Business - City of Stirling LPS No. 3*

NOTES:
- Viewing by appointment only (property is occupied)
- Information Memorandum available on request

Exclusive selling agent Jay Harrison welcomes your Offers to Purchase for consideration of the vendor, closing 4pm (AWST) on Wednesday the 30th of November 2022. The vendor reserves the right to sell prior.

*Disclaimer: The information in this advertisement has been provided by sources we deem to be reliable. We do not accept any responsibility for its accuracy. All interested parties should rely upon their own enquiries and due diligence in order to determine the accuracy of this information.

Property features

Listing snapshot by reiwa.com

This land listing located in Balcatta was sold by Jay Harrison at Edison McGrath.

If you would like to get in touch with Jay Harrison regarding 158 Balcatta Road, Balcatta, please call 0420 512 987 or contact the agent via email.

Cost breakdown

  • Council rates: $1,464 / year
  • Water rates: $404 / year

Nearby schools

1.2km
Glendale Primary School
  • Primary
  • Government
1.4km
1.5km
Disclaimer

Balcatta overview

The 1960s saw the evolution of Balcatta from a rural activity area into the established suburb it is today. Properties in Balcatta have a distinct southern-European influence and are predominantly single detached dwellings of brick and tile construction. The suburb also has a number of unit developments in its eastern sector as well as some character housing.

Life in Balcatta

A well-rounded suburban existence is on offer in Balcatta, with plenty of parks, commercial facilities, amenities and public open space to enjoy. There are two shopping centres in the area, one that caters for local requirements and one that services district shopping needs, as well as four primary schools and a high school. Residents have several parks and reserves available to them which offer facilities like playing fields, sports ovals and tennis courts. There is also an industrial area in the suburb’s northern sector.

Balcatta quick stats

High end $890k
Median $754k
Low end $613k
20.1 %
Annual growth
$754k
Annual median sales price
$750pw
Annual median rental price

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FAQ's

158 Balcatta Road, Balcatta sold on 7/12/2022 for $11,000,000.

The average number of selling days in Balcatta is 9 days.
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