Sold
56 Fernhurst Crescent, Balga WA 6061
Sold price: $545,000
Sold: 04 Feb 2024
Sold
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3 Bedrooms
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1 Bathroom
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Landsize 728m2
House
View
INVEST, NEST OR DEVELOP
Adam Naumovski presents…
56 Fernhurst Crescent, Balga
End date sale - All offers presented 12/02/24 - Unless sold prior.
***HOME OPENS THIS WEEK**
Saturday 3rd February 11:00 - 11:30am
Sunday 4th February 11:00 - 11:30am
Welcome to 56 Fernhurst Crescent, Balga, a property teeming with development potential. This 3 bedroom, 1 bathroom property, originally built in 1964, is not merely a home but a golden opportunity for developers and investors alike.
The property sits on a substantial 728sqm block, zoned as r40, making it a potential triplex development site. This tantalizing prospect could be the answer for astute buyers, savvy investors, or developers looking for their next project. The Parkside location adds a touch of serenity, while still being a short distance from essential amenities.
Location is key, and this property does not disappoint. Just a stone's throw away, you'll find the nearest bus stop, and the beautiful Fernhurst Crescent Reserve is just down the road, offering a tranquil spot for leisurely walks. For your education needs, the North Metropolitan TAFE is a mere 300m away, with Balga Primary School just 700m from your doorstep.
When it comes to shopping and entertainment, you're spoiled for choice. The vibrant hub of Mirrabooka Square is only 2.7km away, perfect for quick shopping trips. For a full day of retail therapy, dining, and entertainment, the Warwick Grove Shopping Centre is just 5.4km away, ready to cater to your every need.
The current home is move in ready for a tenant while you await your development plans to go through. Complete with spacious living area that seamlessly transitions into an attached kitchen and dining space. The generous size bedrooms beckon with the promise of restful slumber and tranquility. The home still boasts its original features, a testament to its enduring appeal. Adding to its allure is an extra sleepout or games area at the back of the home, unattached and perfect for a transformation into a privacy-granted granny flat.
In essence, 56 Fernhurst Crescent is more than a property; it's a canvas ready for transformation. With its spacious block, r40 zoning, and fantastic location, this property is ripe for development and ready to yield significant returns.
Some fantastic features include:
• Large 728sqm block with r40 zoning.
• Potential for triplex development
• Parkside location offering tranquil living.
• Existing home with spacious living area and generous bedrooms.
• Separate sleepout/games area ready for transformation.
• Close to bus stop and Fernhurst Crescent Reserve.
• Short distance to North Metropolitan TAFE and Balga Primary School.
• Mirrabooka Square and Warwick Grove Shopping Centre are within a short drive.
• Ideal for developers and investors.
• Significant return potential due to location and zoning.
• and much much more…
DON’T MISS OUT CALL ADAM NAUMOVSKI ON 0424 364 326
ADAM NAUMOVSKI | FOR ALL YOUR REAL ESTATE NEEDS
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 enquiries.
Property snapshot by reiwa.com
This property at 56 Fernhurst Crescent, Balga is a three bedroom, one bathroom house sold by Adam Naumovski at The Agency on 04 Feb 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.
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
