Reiwa Reiwa
199 Mirrabooka Avenue, Balga WA 6061

199 Mirrabooka Avenue, Balga WA 6061

Sold price: $460,000
Sold
Sold: 23 Aug 2023

3 Bedrooms

1 Bathroom

1 Car

Landsize 708m2

House

Contact the agent

KS Ghuman

0420499001

Zen Edge Realty


Incredible Investment Opportunity and First Home Buyers Delight in Balga, WA 6061

Property Address: 199 Mirrabooka Avenue, Balga, WA 6061
Property Type: Development Potential Property with R40 and Commercial Zoning.

Are you ready to unlock the full potential of your investment portfolio? Look no further than this exceptional property at 199 Mirrabooka Avenue in Balga, WA. With its strategic location and R40 zoning, this property offers an array of exciting possibilities for astute investors and developers.

Key Features:

Development Potential: This property boasts R40 zoning, making it an ideal candidate for subdivision and development. Imagine the potential of building three or more units on this prime piece of land, subject to council approval.
High Rental Yield: If development isn't your immediate plan, capitalize on the current rental market. With a projected rental yield of 6.75 percent, this property promises a lucrative return on investment in today's market conditions.
Strategic Location: Conveniently situated in the heart of Balga, this property offers easy access to amenities, public transport, schools, and shopping centers. Its central location adds to its attractiveness for potential tenants or future buyers of developed units.
Why Invest?
Investing in this property means seizing an opportunity to secure an impressive return on investment. Whether you're a developer with an eye for potential or an investor seeking passive income, this property is your gateway to financial growth.

Disclaimer:
All information provided in this marketing material is believed to be correct, but Zen Edge Realty takes no responsibility for its accuracy. Buyers are advised to conduct their own due diligence and research regarding the property, including obtaining professional advice if needed. Any investment decision should be made based on thorough investigation and consideration of all relevant factors.

Don't miss out on this exceptional deal that won't last long! Act quickly to secure this property and take advantage of its immense potential.

For more information or to secure this property, contact KS Ghuman at 0420 499 001. Our experienced team is here to assist you every step of the way.

Invest wisely, secure your future – call now!

Please note: All development and rental yield figures are estimates and subject to market conditions and council approvals.

Property features

  • Garages 1

Nearby schools

John Septimus Roe Anglican Community School Combined Non-government 0.3km
Majella Catholic Primary School Primary Non-government 0.7km
Dryandra Primary School Primary Government 0.7km
Gladys Newton School Combined Specialist 0.7km
Balga Senior High School Secondary Government 1.0km
Balga Primary School Primary Government 1.0km
Warriapendi Primary School Primary Government 1.0km
Mercy College Combined Non-government 1.1km
Emmanuel Christian Community School Combined Non-government 1.4km
St Gerard's Primary School Primary Non-government 1.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4732015