11 Green Avenue, Balcatta WA 6021

AUCTION on site Saturday 16th June at 10am

***BUYERS MUST REGISTER TO BID AT THIS AUCTION***

***BIDDING TO COMMENCE AT $650,000***

AUCTION TERMS
Deposit: $10,000
Settlement: 16th July 2018

Make Your Wallet Fatter in Balcatta

11 Green Avenue is a rare investment opportunity in an area that’s already starting to boom. This humble 1950s home on a sizeable 1012sqm block with R40 zoning has serious development potential with scope for four dwellings in the future.

This prime piece of land is conveniently positioned between the suburbs, the city and the beach, nested among Balcatta’s long list of amenities, ideal for young families, savvy investors or hard-working professionals. Within a stone’s throw of several primary schools, childcare centres, high schools, local shops, and only a short drive to the CBD, you can rest assured you’re buying a solid investment in an area that will continue to grow.

Thoroughly lived in, the existing two bedroom, one bathroom mid-century property will be old in an “as-is” condition. The residence can be extended and renovated, demolished for a clean slate to build your dream home, or sub-divided to make a killing. There are plenty of possibilities.

Development blocks of this value and size are becoming increasingly rare as the last of them are being snapped up by investors looking to cash in with a development of their own. Just launched onto the market, call Paul or Hayley today, because a lot of savvy buyers will be gearing up for 11 Green Avenue.

HOME IN BRIEF:
- Built in 1958 on a 1012sqm South-facing level block.
- Zoned R40, development scope for four dwellings with council approval.
- Approx. 25m frontage, 40m long.
- Two bedroom, one bathroom cottage to be sold in “as-is” condition.

OUTGOINGS:
- Council Rates: $1360.00
- Water Rates: $920.28

APPROXIMATE DISTANCES TO:
- 400m to local Bakery, Fish n Chips, Butcher, Cafe and Deli.
- 950m to Nollamara Mini Mart and IGA.
- 15 minute drive to recently redeveloped Scarborough Beach.
- 15-20 minute drive to the CBD.
- 6 minute drive to Dog Swamp Shopping Centre.
- 10 minute drive to Galleria Shopping Centre.
- 400m to Jason Reserve and Conway Reserve parks.
- 350m to Balcatta Kindergarten.
- 550m to Balcatta Primary School.
- 10 minute bike ride to Balcatta Senior High School.
- 7 minute drive to Osborne Park Hospital.