23 Newbury Street, Balga WA 6061

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