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2 Alfa Place, Balcatta WA 6021

Listed price: UNDER OFFER Sold: 23 Apr 2024
Sold
  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 1,055m2
House

Three magic words: land, location & subdividable.

Set Date Sale: Absolutely all offers by 3.00pm Tuesday 23rd of April 2024.
Contact Jeremy Shirazee for buyer feedback range.

What we love:
These three magic words: Land. Location. Subdividable.
Success leaves clues, and if you have spoken to anyone who has had it when it comes to property, the chances are they likely said something along the lines of “I secured the biggest block I could find, in the best location I could afford, and if it was subdividable, then that was a bonus.” If you are looking to create your own success, then the combination of 2 & 4 Alfa Place in Balcatta hitting the market at the same time could be your calling. Positioned in a tranquil cul-de-sac with direct access to the leafy green parklands, this pair of duplexes offers a rare opportunity to secure a massive 1055sqm (approximate) block in the highly sought-after West Balcatta area.

Backed by the esteemed West Balcatta Primary School these duplexes boast unrivalled privacy with no southern or eastern neighbours, and instead framed by a tree lined canopy. Another benefit of being one of the closest homes to the school is that you are nestled tightly within its catchment area, a huge draw card for potential tenants who wish for their children to attend, or perhaps for your own family.

The beauty of this opportunity lies in its zoning: R20. At first glance, this may be considered a weakness due to its limitation as a two-lot site, on the contrary, it is greatest strength. This density code means most properties around it are still only single residential, creating an area neighbourhood of family homes on big blocks, some of which have been rebuilt into grand residences. A far cry from developing in an area overcrowded by units and apartments. If you decide to re-build one or two quality homes here, you don’t have to worry about overcapitalization and can build with confidence.

1. Retain the existing tenants and enjoy steady rental returns.
2. Occupy one while leasing the other for additional income.
3. Renovate both to maximize rental returns.
4. Design a new single residence with ample land for expansion.
5. Develop two new homes, ideal for investment or multi-generational living.
6. Knock down and rebuild one residence now, with plans to build a second later, offering flexibility in your strategy.

The three magic words combined with this many options creates an amazing opportunity for those with vision. Don’t let this chance pass you by!

What to know:
• Two-bedroom, one-bathroom duplexes
• Both currently leased on a periodic basis
• Massive 1055sqm block (approximate)
• Zoned: Residential R20
• Quiet cul-de-sac location with laneway access to West Balcatta Primary Parklands
• Southern boundary tree lined and adjoins the quiet side of West Balcatta Primary
• Walking distance to Busy Bees, Nido, West Balcatta Primary and Balcatta Senior High School
• 2.2km To Stirling IGA
• 3.6km to Rosalea Shopping Centre
• 3.8km to Waldecks Garden Centre Stirling
• 2.1km to Bunnings Balcatta
• 4.2km to IKEA
• 5.1km to Karrinyup Shopping Centre
• 8.1km to Trigg Beach Park and Café strip
• 12.9km to Perth CBD
• 20.2km to Perth Airport

Who to talk to
To learn more contact Jeremy Shirazee on 0422 433 225 or email [email protected].

Property features

  • Carports 2

Property snapshot by reiwa.com

This property at 2 Alfa Place, Balcatta is a four bedroom, two bathroom house sold by Jeremy Shirazee at Realmark Urban on 23 Apr 2024.

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

Nearby schools

0.1km
0.5km
Balcatta Senior High School
  • Secondary
  • Government
1.1km
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 $783k
Median $670k
Low end $560k
16.5 %
Annual growth
$670k
Annual median sales price
$680pw
Annual median rental price

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FAQ's

2 Alfa Place, Balcatta was sold by Jeremy Shirazee at Realmark Urban.

You can contact the agent here.

The average number of selling days in Balcatta is 7 days.

2 Alfa Place, Balcatta is a 4 bedroom, 2 bathroom house.
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