Unlock the Potential - 728sqm R40 Development Site

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21 Garrick Way, Balga WA 6061

From $829,000

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$829k - $870k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 728 m²

Listed: 54 days ago

Updated: 35 days ago

Overview

Situated on a substantial 728sqm block in a popular part of Balga, this three-bedroom, one-bathroom house presents an exceptional opportunity to secure a comfortable family home with significant potential. The property’s generous land size and R40 zoning open possibilities for future development, including triplex construction subject to approvals, which makes it appealing to a diverse range of buyers including families, investors, and developers.

The residence offers practical living spaces with well-sized bedrooms and a central bathroom, supporting versatile living arrangements and simplicity in everyday routines. The kitchen is serviceable, facilitating daily meal preparation and interaction with living areas, and the secure parking enhances convenience.

The expansive backyard, fully fenced and complemented by garden and outdoor entertaining areas, creates an ideal environment for children and pets to play freely, while providing additional space for gatherings or vehicle accommodation. The property's layout and size lend themselves to adaptations or renovations, inviting new owners to tailor it to their lifestyle needs.

Located within easy access to schools, parks, shopping facilities, and public transport, the property benefits from strong connectivity to essential amenities and major roadways, including direct routes to Perth CBD approximately 15 minutes away. This convenience adds to the appeal and livability of the site, ensuring it meets the requirements of homeowners and investors alike.

Substantial 728sqm block with R40 zoning
Three bedrooms and one central bathroom
Secure parking space included
Excellent potential for triplex development (subject to council approvals)
Generous fenced backyard for outdoor activities and entertaining
Well-connected location near schools, shopping, parks, and transport

This property stands out as a valuable offering due to its blend of immediate livability and future development potential, making it a smart choice for those aiming to capitalize on land value or create a tailored family home in a growing suburb. Prospective buyers are encouraged to explore the possibilities and envision the long-term benefits this site affords.

Local Market Insights

In Balga, Quiet Listings observed 33 new houses entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $794,152. The property type mix of listed properties is predominantly Houses at 68%, followed by villas (18%), and units (4%). The most active agency for houses in the Balga area is currently The Agency, representing 33% of new listings, followed by Harcourts with 15%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.