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568 Wanneroo Road, Balga WA 6061

Sold price: $480,000 Sold: 08 Apr 2024
Sold
  • 3 Bedrooms
  • 1 Bathroom
  • Landsize 776m2
House
568 Wanneroo Road, Balga WA 6061

Great Development Opportunity!

Offering a wealth of potential for astute buyers and investors. This property constructed in 1935 exudes character and history providing a unique opportunity to secure a 3-bedroom, 1-bathroom home sitting on a spacious 776sqm block, where there is ample space to create your dream outdoor oasis. Situated on a generous land area of 776 sqm zoned R20/40, this allows for a potential 3 unit development.
Property highlights:

Prime Location: Located in the heart of Balga, this property offers convenience and accessibility to a range of amenities. Close proximity to schools, parks, shopping centers, and public transportation makes daily life a breeze.

Subdividable Block: Boasting an expansive 776sqm block with R20/40 zoning, the property offers the potential for a 3-unit development (subject to council approval), making it a tantalizing prospect for investors and developers.
Significant Investment: With the opportunity to subdivide, this property offers a pathway to maximize investment returns. The options are abundant whether you choose to develop now or hold for the future.
Endless Potential: While the property requires some tender loving care, its solid structure and generous land size provide a fantastic canvas to create your dream development. Renovate the existing home, build multiple units, or explore other possibilities - the choice is yours.
Close to Amenities: Enjoy the convenience of having schools, shopping centers, medical facilities, and public transport options just a stone's throw away.
Quiet Neighborhood: Nestled in a peaceful neighborhood, this property offers a tranquil escape from the hustle and bustle of city life.
Property Details:

Bedrooms: 3
Bathrooms: 1
Land Size: 776 sqm
Zoning: R20/40
Potential: 3 Unit Development (STCA)
Location: 568 Wanneroo Road, Balga , Western Australia
Don't miss out on this fantastic opportunity to own a piece of history in Balga with exceptional development potential. Whether you're a savvy investor, developer, or a buyer looking for a project to transform into your dream home, 568 Wanneroo Road is a must-see. Contact our expert team today to arrange a viewing and explore the endless possibilities that this property has to offer!

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 snapshot by reiwa.com

This property at 568 Wanneroo Road, Balga is a three bedroom, one bathroom house sold by John Tran at Harcourts Initiative on 08 Apr 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

1.0km
1.2km
1.4km
Takari Primary School
  • Primary
  • Government
Disclaimer

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 $601k
Median $552k
Low end $509k
34.6 %
Annual growth
$552k
Annual median sales price
$620pw
Annual median rental price

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FAQ's

568 Wanneroo Road, Balga sold on 8/4/2024 for $480,000.

The average number of selling days in Balga is 16 days.

568 Wanneroo Road, Balga is a 3 bedroom, 1 bathroom house.
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