Sold
46 Balmoral Street, East Victoria Park WA 6101
Sold price: $470,000
Sold: 29 Jul 2020
Sold
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Landsize 1,078m2
Land
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INVESTOR / DEVELOPERS DREAM - 1078 sqm ZONED R30
Opportunities like these seldom come to the market. If you are ready or preparing for the next development project, you need to come take a look at this prime piece of inner-city real estate.
Set on a whopping 1078sqm block and holding an R30 zoning , this parcel of land is ideally positioned and well serviced, providing convenient access to the cafe/ restaurant strip, Carson Street School, Kent Street Senior High, Curtin University, and public transport for quick commute into the CBD.
With strong demand from buyers for vacant land & new homes, this is a winning development opportunity waiting for you !
* NOTE * - there are 2 x three bedroom duplexes to provide rental income while you submit & wait for your development approvals.
For more information or to arrange an on-site inspection, please call Steve Erceg or Trent Garrett on 0412 898 035.
Property features
Listing snapshot by reiwa.com
This land listing located in East Victoria Park was sold by Steven Erceg and Trent Garrett at Verse Property Group.
If you would like to get in touch with Steven Erceg or Trent Garrett regarding 46 Balmoral Street, East Victoria Park, please call Steven on 0412 898 035 or call Trent on 0422 392 669, or contact the agent via email.
Cost breakdown
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Council rates: $46 / year
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Water rates: $46 / year
Nearby schools
East Victoria Park overview
Established in 1885, East Victoria Park is a predominantly residential suburb with a commercial and entertainment strip along Albany Highway. Significant development of the area did not begin until the 1960s and 1970s with gradual increases experienced during the 1990s as new homes and businesses were added to the area.
Life in East Victoria Park
Though predominantly a residential area, the commercial and entertaining strip along Albany Highway provides a bustling urban environment for residents and visitors alike. With restaurants to satisfy any palate, as well as old-fashioned pubs and hip bars, this lively strip is active any time of day. Also within East Victoria Park are recreational facilities like Aqualife Centre and Leisure Life Centre, Park Centre, which is a shopping complex, and several schools.
East Victoria Park quick stats
High end
$1.2m
Median
$920k
Low end
$725k
19.2 %
Annual growth
$920k
Annual median sales price
$750pw
Annual median rental price
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