Sold
4 Garnett, Balga WA 6061
Sold price: $550,000
Sold: 09 Oct 2023
Sold
-
4 Bedrooms
-
1 Bathroom
-
1 Car
-
Landsize 728m2
House
View
UNDER OFFER
New Listing Alert! Discover your future investment opportunity at 4 Garnet Place, Balga. This charming and well-presented 4-bedroom, 1-bathroom home is not only a comfortable residence but also offers immense development potential. Nestled on a generous 728 sqm triplex block in a coveted R40 zone, this property is your gateway to a world of possibilities.
Key Features:
4 bedrooms with built-in robes
1 modern bathroom
Spacious kitchen/dining area with ample cupboard space
High ceilings for an airy feel
Conveniently located near a park and playground
Close to schools, shops, and public transport
Only 12kms from the Perth CBD
The interior boasts fresh décor and beautiful jarrah floorboards, creating an inviting atmosphere that you'll love coming home to. With the flexibility of this R40 zoning, you have two enticing options:
1. Retain and Build: Explore the potential to retain the existing home and build at the rear of the property. Maximizing space and potential rental income!
2. Knock Down and Build: Consider the option of knocking down the current dwelling and constructing three units, unlocking even greater investment potential.
Investment Potential:
Rental returns of $580 per week - a comfortable income
Upside potential of up to $620 per week - maximize your returns
Whether you choose to live in this delightful home or make it an astute investment, the possibilities here are abundant.
Don't miss out on this fantastic opportunity! For more information and to arrange a viewing, contact John Tran at 0413 697 917. Act now and secure your future in the thriving suburb of Balga. Your investment journey begins here!
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.
Property features
-
Carports
1
-
Toilets
1
-
Floor area
81m2
Property snapshot by reiwa.com
This property at 4 Garnett, Balga is a four bedroom, one bathroom house sold by John Tran at Harcourts Initiative on 09 Oct 2023.
Looking to buy a similar property in the area? View other four 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
