Sold
23 Newbury Street, Balga WA 6061
Sold price: $690,000
Sold: 04 Sep 2024
Sold
-
3 Bedrooms
-
1 Bathroom
-
2 Cars
-
Landsize 728m2
House
View
Prime Investment Opportunity: 3-Bedroom Home with R40 Zoning and Triplex Potential
This solid 3-bedroom, 1-bathroom brick-and-tile home on a generous 728sqm block offers exciting R40 zoning with triplex-subdivision potential. Ideal for investors or future planners, it provides the option to divide the block while retaining the original home as a rental or redevelop into three villas. Features include gated side access with ample parking, a large single lock-up garage that could serve as a workshop or games room, and comfortable carpeted bedrooms with a ceiling fan in the master. The practical bathroom has a bathtub and shower, and the separate kitchen and dining area is equipped with an upright cooker. The air-conditioned front lounge room and versatile additional space-ideal as a fourth bedroom or home office-add to the appeal. Outside, enjoy a spacious backyard with lawn, trees, and a patio-entertaining area. Located just metres from Fieldgate Square Shopping Centre, parks, Balga Community and Leisure Centres, North Balga Primary School, and with easy access to major routes, this property is perfect for rental income or future development.
CURRENTLY LEASED UNTIL 25/02/2025 for $400/week
Market Rent Appraisal - $550/week
Features
- R40 Zoning: Triplex-subdivision potential.
- Block Size: 728sqm.
- Parking: Gated side access, secure rear parking, large single lock-up garage/workshop.
- Interior Features: Carpeted bedrooms, ceiling fan in master, practical bathroom with bathtub and shower head.
- Versatile Room: Additional space for fourth bedroom or home office.
- Outdoor Area: Spacious backyard, lawn, trees, patio-entertaining area.
- Nearby Amenities: Fieldgate Square Shopping Centre, parks, Balga Community and Leisure Centres, North Balga Primary School.
- Transport Access: Easy access to city, coast, Perth Airport, and Swan Valley.
Location
- 180m to Fieldgate Square Shopping Centre
- 750m to Celebration Park
- 1.2km to North Balga Primary School
- 1.9km to Stirling Leisure Centre
- 1.9km to Balga Plaza Shopping Centre
- 2.3km to Warriapendi Early Learning Centre
- 2.4km Warriapendi Primary School
- 2.5km to Balga Senior High School
Property features
-
Garages
2
-
Floor area
102m2
Property snapshot by reiwa.com
This property at 23 Newbury Street, Balga is a three bedroom, one bathroom house sold by Ronnie Abboud at Professionals The Wright Team on 04 Sep 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.
Nearby schools
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
$601k
Median
$552k
Low end
$509k
34.6 %
Annual growth
$552k
Annual median sales price
$620pw
Annual median rental price
