INCREDIBLE OPPORTUNITY - 1642m2!

5 Coniston Way, Balga presents a rare and exciting opportunity for a savvy and lucky buyer to secure 2 side by side development blocks totaling approx. 1642m2 situated in a quiet and convenient pocket of the increasingly popular Balga. Zoned R40 this land holding, subject to council approval. will allow the lucky developer to build up to 7 units in total. With the front house currently leased at $380/week (increasing to $490/week as of December) and the back house vacant and ready for a tenant you have the benefit of having a strong rental yield while you put your plans through the council or landbank for a future development.

This rare opportunity will not last long, contact Ronnie on 0481 962 880 for all enquiries.

Land
– Total of 1642m2
– 5 Coniston Way – 947m2
– 7 Coniston Way – 695m2
– R40 Zoned = 7 Unit site (STCA)
– No Easements

Features 5 Coniston Way
– 3 Bedrooms
– 1 Bathroom
– Separate living area
– Large front and backyard
– Rental Appraisal – $480/week.

Features 7 Coniston Way
– 3 Bedrooms
– 1 Bathroom
– Renovated Kitchen
– Swimming pool
– Separate living area
– Rented for $380/week (increasing to $490/week as of December)

Location
– 750m to Stirling Leisure Centre
– 1.0km to North Balga Primary School
– 1.0km to Balga Senior High School
– 1.1km to Balga Plaza Shopping Centre
– 1.2km to Warriapendi Primary School
– 1.5km to Gladys Newton School
– 1.7km to Majella Catholic Primary School
– Approx 12 minutes to Trigg Beach
– Approx 25 minutes to Perth Airport
– Approx 20 minutes to Perth CBD

Property ID: 1295732