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19 Barrows Way, Balga WA 6061

Sold price: $687,500 Sold: 04 Nov 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 840m2
House

Rare Elevated Location!

Positioned in the thriving suburb of West Balga, 19 Barrows Way offers a rare opportunity for investors and developers, featuring a generous 840m² R40 zoned elevated block. With this zoning, the property holds exciting potential as a triplex development site, making it a standout prospect in the current market.

The R40 zoning opens the door to a range of development possibilities, including the potential to build up to three dwellings (subject to WA Planning Commission and Local Council approval), maximising the value of the land. With its elevated position and prime location, this site is ideal for creating modern, high-demand residences. Blocks of this size and zoning are increasingly rare in the area, making this an excellent opportunity for savvy developers to deliver a standout project in a fast-growing suburb.

This property offers immediate rental income while you plan your future development. The existing 3-bedroom, 1-bathroom home is neat, well-maintained, and move-in ready, requiring no urgent updates. Investors can enjoy consistent cash flow while land banking for future development, knowing that demand for rental properties in West Balga remains strong.

Property Features:

• Zoned R40 – Potential for a triplex site (subject to WAPC and Local Council approval)
• Expansive 840m² elevated block, offering significant development potential
• 3 spacious bedrooms
• 1 well-maintained bathroom
• Open plan kitchen and meals area
• Separate living room
• Split system air-conditioning for year-round comfort
• Undercover parking for 2 cars, with additional space for extra vehicles
• Large backyard, ideal for future extensions or subdivision

As large, elevated R40-zoned blocks in this area become increasingly hard to find, 19 Barrows Way presents a unique opportunity to secure a property with high potential for future development. Whether you're looking to develop immediately or land bank for future growth, this site offers exceptional flexibility and value.

**All offers are to be presented by 4pm on the 15th of October, however, the seller reserves the right to accept offers prior without notice.**

Don't miss out-to know more or to book an inspection call Carl on 0403 009 814 to explore this exciting opportunity and secure your foothold in the highly sought-after West Balga market!

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, neither the Agent nor the Seller guarantee their accuracy. The particulars of this advertisement are supplied for general information only and shall not be taken as representation in any respect on the part of the Seller or their Agent nor form part of any contract. Prospective clients should carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

Property features

  • Garages 1

Property snapshot by reiwa.com

This property at 19 Barrows Way, Balga is a three bedroom, one bathroom house sold by Carl Casilli at The Property Project Perth on 04 Nov 2024.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Balga or see other recently sold properties in Balga.

Cost breakdown

  • Council rates: $1,599 / year
  • Water rates: $916 / year

Nearby schools

0.5km
1.2km
1.2km
Disclaimer

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 $615k
Median $574k
Low end $518k
36.5 %
Annual growth
$574k
Annual median sales price
$630pw
Annual median rental price

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FAQ's

19 Barrows Way, Balga sold on 4/11/2024 for $687,500.

The average number of selling days in Balga is 18 days.

The median house price in Balga is $573,500, the median unit price is $430,000.
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