R40 Gem: Prime Triplex Opportunity
Presented by Raman Deol: Prime R40 Zoned Triplex Block with Endless Potential!
Welcome to 3 Elstead Way, a strategically located property offering a rare combination of a 3-bedroom, 1-bathroom house on a generous 728sqm block with R40 zoning. This outstanding residence is not just a home; it's an investment opportunity that astute buyers and developers shouldn't miss.
R40 zoning provides immense potential for developers. This block is a dream come true, allowing the construction of three units, promising substantial returns and significant profit margins. Generate income immediately with a rental appraisal ranging from $550 to $580 per week for the existing 3-bedroom house, presenting a lucrative opportunity for investors.
The 3-bedroom house includes a large games room at the back, complete with air conditioning for year-round comfort. Premium floorboards adorn the living spaces, creating a modern and inviting atmosphere. Enjoy outdoor living with a huge patio and pergola, complemented by two garden sheds for extra storage. The secured parking includes a garage with car access and a 2-car space carport.
Situated close to the city, this property boasts proximity to various amenities, schools, and bus stops. A park just behind the house provides a serene backdrop, and schools are within a short walking distance. The location not only offers a spacious property for immediate ownership but also positions buyers strategically for the future, being in such close proximity to the city.
Additional Features:
- Security screens for peace of mind.
- Separate lounge and dining rooms for versatile living spaces.
All offers are being presented, providing buyers with the opportunity to secure this exceptional property. Don't miss out on the chance to own a piece of real estate with both immediate and long-term potential.
For further inquiries or to arrange a private viewing, please do not hesitate to contact Raman Deol at 0450 281 313 or via email at [email protected]. Act now to express your interest!
Unlock the Potential, Secure Your Future!
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent inquiries.
This property at 3 Elstead Way, Balga is a three bedroom, one bathroom house sold by Raman Deol at Harcourts Initiative on 23 Jan 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.
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.
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.