Sold
5 Elward Way, Balga WA 6061
Sold price: $465,000
Sold: 15 Jun 2023
Sold
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3 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 769m2
House
View
UNDER OFFER.... ?? Live - Lease - Develop: Your Fantastic Investment Opportunity! ??
Welcome to a realm of abundant possibilities with this outstanding property.
This is your chance to secure an investment that offers not just one, but multiple options for your future. Whether you seek a comfortable home, desire lucrative rental returns, or have grand development dreams, this property has it all!
Option 1: Live Comfortably:
Step into a neat and tidy home situated on a large, well-maintained block. Imagine yourself surrounded by convenience, with every amenity just a stone's throw away. This property offers the perfect blend of comfort and convenience, allowing you to live the lifestyle you've always dreamed of.
Option 2: Lease for Strong Rental Returns:
Take advantage of the current market conditions, where rentals are in high demand. With low availability, your investment can become a passive income generator. Sit back and watch as your rental returns soar, providing a solid financial foundation for your future.
Option 3: Develop to Maximize Potential:
Unleash your creativity and seize the opportunity to develop this property into something extraordinary. Demolish and build multiple villas to cater to the growing demand for quality housing. Alternatively, retain the existing house and subdivide the rear block to unlock its full potential. The choice is yours, limited only by your imagination.
Don't miss out on this incredible chance to secure your financial future. This property offers flexibility, adaptability, and a multitude of options. Act now to take advantage of the ever-growing real estate market and make your dreams a reality.
Contact us today to arrange a viewing and explore the fantastic opportunities that await you!
Property features
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Carports
2
Property snapshot by reiwa.com
This property at 5 Elward Way, Balga is a three bedroom, one bathroom house sold by Dominic Ferraro at Abel Property Sales on 15 Jun 2023.
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.
Cost breakdown
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Council rates: $1,485 / year
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Water rates: $909 / year
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
