Sold
3 Hunston Street, Balcatta WA 6021
Sold price: $800,000
Sold: 23 Dec 2022
Sold
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5 Bedrooms
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2 Bathrooms
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5 Cars
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Landsize 900m2
House
View
Another Sale with Multiple Offers!
TWO Rental Incomes!!
Multi-site Development Block
No Brainer Money Maker!
Develop? Retain & Build? Rent?
Large Multi-site Development block (potential for 4 units STCA) with TWO Separate Investment Houses to rent out in the meantime!
If you’re looking for a fabulous block to subdivide and develop OR retain and build and, in the meantime, you also want to reap the rewards of today's booming rental incomes before demolition, this could be the one for you!
Conveniently situated in one of the most family friendly suburbs within 10Km of Perth CBD, with everything this attractive location has to offer in terms of proximity to: public transport into Perth CBD via Wanneroo Rd, access to local shops, schools, parks, Mitchell Freeway / Reid Highway AND live just 20 mins to Perth Airport for FIFOs, this could be the opportunity you've been waiting for!
Call TODAY to register your interest so you don't miss out.
With this combination of subdivision potential PLUS outstanding rental income from TWO houses it’s a no-brainer!
THE FACTS:
Block: 900sqm / R40 site attractively elevated from the road facing East/West to maximise natural sunlight in the new builds. City views from a potential second storey dwelling.
Main House:
Original 3 x 1 house in rentable condition with decent sized living area, bathroom with bath tub, separate shower and single vanity, separate Kitchen with built in meals area and a separate Laundry
Rear House:
2 x 1 house in rentable condition with decent sized living area, bathroom with bath tub and single vanity plus a separate Kitchen overlooking a beautifully maintained garden.
The front and rear houses have their own gas and electric meters.
FIVE OPPORTUNITIES to MAKE MONEY!!!!
1. Subdivide and develop the block NOW and cash in on today’s booming housing market. In this location, being within WALKING distance to local shops, buses into the City and parks, you’ll sell the new units for TOP DOLLAR!
2. Subdivide the whole block now, but don’t build, and cash in with EVEN HIGHER SALES RETURNS by selling off each new lot separately
3. Rent out BOTH houses immediately and MAXIMISE cashing in now as well as later when you subdivide!
4. OCCUPY the Main House yourself and rent out the rear house to earn yourself a steady PASSIVE INCOME in this BOOMING rental market. Then subdivide later down the track and cash in then as well
5. Retain one or both current houses and build at the back
This versatile opportunity won’t last long with all the savvy investors and astute developers in the City of Stirling!
CONVENIENT LOCATION:
EVERYTHING you need is right here at your doorstep: SHOPS, BUSES, SCHOOLS, PARKS, CAFES AND FREEWAY/HIGHWAY!
200m Buses on Wanneroo Rd into City
300m Northlands Shopping Mall (Coles Supermarket etc.)
600 Rickman Reserve
900m Takari Primary School
1.5K Balcatta Primary
2.5Km Balcatta Senior High School
5.6K Yokine Shopping Centre
5.8Km Westfield Shopping Centre Innaloo
7Km Karrinyup Shopping Centre
1.3Km Reid Highway
3Km Mitchell Freeway
10Km Perth CBD
20Km Perth Airport via Reid/Tonkin Highways
LIKE WHAT YOU SEE?
Call Brian McKiernan TODAY and register your interest so you don't miss out!
Disclaimer: The information provided here has been prepared with care, however it is subject to change and cannot form part of any offer or contract. Whilst all reasonable care has been taken in preparing this information, the seller or their representative or agent cannot be held responsible for any inaccuracies. Interested parties are advised to make their own independent enquiries.
Property features
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Carports
5
Property snapshot by reiwa.com
This property at 3 Hunston Street, Balcatta is a five bedroom, two bathroom house sold by Brian McKiernan at @realty on 23 Dec 2022.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Balcatta or see other recently sold properties in Balcatta.
Nearby schools
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
$800k
Median
$701k
Low end
$565k
19.3 %
Annual growth
$701k
Annual median sales price
$650pw
Annual median rental price
