Sold
23A Etchingham Rd, Balga WA 6061
Sold price: $349,000
Sold: 17 Oct 2022
Sold
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3 Bedrooms
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2 Bathrooms
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1 Car
Villa
View
TENANTED INVESTMENT PROPERTY
If you are looking for a tenanted investment property to purchase, look no further
This home is currently tenanted at $465 per week on a long term lease until 15 September 2024
Based on the asking price of $349,000, that works out to close to 7% gross rental return which is fairly spectacular for a residential property investment.
This 3 bed by 2 bath unit is a street front unit with its own driveway.
It is located at the end of a lovely cul-de-sac
Primely located with easy access to Wanneroo Road & Reid Highway
Within close proximity to Stirling Central Shopping Centre
This unit is much bigger than the typical Balga Unit & features a large U-Shaped Kitchen with pantry cabinet
Separate living and dining areas
Front Courtyard
Single Car Garage with storeroom
Split system aircon to living area
Bonus Linen cupboard storage in passage area
Bathtub & Shower to main bathroom with separate WC
Large Master bedroom with walk in robe with connecting en-suite bathroom
Also both minor bedrooms have either a sliding wardrobe or built in robe
This is a great investment option for the savvy investor
Property Code: 235
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 23A Etchingham Rd, Balga is a three bedroom, two bathroom villa sold by Melvin Paul Singh at Paradise Property Group Pty Ltd on 17 Oct 2022.
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
$546k
Median
$490k
Low end
$450k
27.3 %
Annual growth
$490k
Annual median sales price
$590pw
Annual median rental price
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