Adam Naumovski presents.
51 Walderton Avenue, Balga
Here is a rare and exceptional development opportunity that astute buyers, builders, and investors simply cannot afford to overlook. Set on a generous 809sqm R40 zoned block in a well established street in Balga, 51 Walderton Avenue presents outstanding potential for those looking to maximise returns in one of Perth's fastest growing northern suburbs. Subdivision plans have already been approved for a potential triplex development, and plans have also been drawn up for the homes themselves, three quality three bedroom, two bathroom villas, giving the next owner a significant head start on what could be a truly rewarding project (stca). With a flat terrain, spacious, mostly cleared rear yard, and side access, future construction is both straightforward and cost effective. Demolish and build 3 brand new properties (stsa), retain & build (stsa), landbank or renovate and move in the options on offer are extensive!
The existing solid brick three bedroom, one bathroom home offers strong bones and a functional layout, making it an ideal candidate to retain and rent while development plans are progressed, a genuine retain and build opportunity. Whether you choose to renovate and hold, develop the rear, or pursue the full triplex potential, this property offers the flexibility to suit a wide range of buyers and strategies. The R40 zoning opens the door to subdividing into up to three units, subject to council approval, making this one of the most versatile land opportunities available in the area right now.
Centrally located and surrounded by key local amenities, the property is close to Balga Plaza, Stirling Leisure Centre, Princess Wallington Reserve, Barry Britton Reserve, and both Balga and Warriapendi Primary Schools. With easy access to the Perth CBD and all the infrastructure of a well-established suburb, the appeal to future residents and tenants is undeniable. Opportunities like this, with plans already in hand and a block of this size and zoning, are genuinely rare and will not last long on the market.
Some fantastic features include:
Exceptional 809sqm R40 zoned development block in a quiet Balga street
Plans already drawn up for a potential triplex, three 3 bedroom, 2 bathroom villas (STCA)
Rare retain and build opportunity, keep the existing home and develop at the rear
R40 zoning offering potential to subdivide into up to three units (STCA)
Approved subdivision plans ready to go
Flat terrain, spacious mostly cleared rear yard, and side access for easy construction
Existing solid brick 3 bedroom, 1 bathroom home with strong bones and functional layout
Ideal to retain and rent while development plans are progressed
Flexible opportunity to suit nesters, investors, builders, and developers
Close to Balga Plaza and Stirling Leisure Centre for everyday convenience
Near Princess Wallington Reserve and Barry Britton Reserve
Close proximity to Balga and Warriapendi Primary Schools
Well-established neighbourhood in a fast growing pocket of Balga
All development potential subject to council approval
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.
