37A Chilgrove Way Balga WA 6061

NEXT INSPECTION:
+ Sun, 28th May 12:00PM – 12:15PM Email Agent
2 2 0
$449,000

Genuine Triplex/Multi site 37A & B Chilgrove Way, Balga, from $429k Offers Considered

37A Chilgrove Way, Balga
TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE 'EMAIL AGENT' BUTTON ABOVE


37A and 37B Chilgrove Way, Balga are for sale as a package.

Capitalise with a real triplex site yielding good size blocks with plenty of land left over. The total area for sale is 784m2, much larger than the usual 728 on offer. To top that there is 22.5m street frontage with a 36m average block depth, all good flat land with minimal site works required.

Set on a well maintained street on southern end of Balga near Reid Highway and you have the perfect development site. There are currently two 1 x 1 brick and tile duplexes on site. One is ready to rent for $200-250 per week while the other will need small work to get the same yield.

With such good proportions there are so many options:

Demolish and sub-divide into three blocks with 7.5m street frontage each for an approx. area of 260m2.
Demolish and sub-divide into three blocks, two at the front with 9.75m street frontage and a common driveway to a rear block, all about 230m2.
Demolish and sub-divide into three blocks, front to back with a common driveway, all about 230+m2.
Demolish and develop the two existing blocks, at 396m2 and 11.5m street frontage each, this has to be some of the best Balga land around.
There is even scope to develop into a four unit site. With about 180m2 each, a good plan could easily pass council approval.
Or you could keep and rent out the two existing units and sub-divide the rear yards into a third block to sell or develop.
These are just some of the options, with many more possibilities. Motivated private seller, asking just $429,000, all reasonable offers considered.


TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE 'EMAIL AGENT' BUTTON ABOVE


Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.
EXPAND…
Click to enlarge

Inspection Times

  • Sun, 28th May 12:00PM 12:15PM

Key Features

  • Air Conditioning
  • Shed
Land
784m²
Last updated 09:00AM on May 24th 2017
« SIMILAR Save this propertyEmail this agentSend to a friend

Email this agent

Email sent successfully!

Your email has been sent.

Would you like to get The Real Estate Conversation?

For Sale Or Rent By Owner

50 Cavill Avenue
Surfers Paradise QLD, 4217

Agent Information

For Sale Or Rent By Owner
For Sale Or Rent By Owner
More property from For Sale Or Rent By Owner
32 Mount Elliot Drive9 Gunnamata Avenue63 Dowling Close6 Venice Street

Get new properties in your inbox

Real Estate For Sale in Balga, WA 6061 priced between $310,000 and $580,000

* By signing up you will receive our Newsletter "The Real Estate Converstation"
« SIMILAR Save this propertyEmail this agentSend to a friendCLOSE

Email this agent about 37A Chilgrove Way Balga 6061 WA

Email sent successfully!

Your email has been sent.

Would you like to get The Real Estate Conversation?

For Sale Or Rent By Owner

50 Cavill Avenue
Surfers Paradise QLD, 4217

Agent Information

For Sale Or Rent By Owner
For Sale Or Rent By Owner
More property from For Sale Or Rent By Owner
32 Mount Elliot Drive9 Gunnamata Avenue63 Dowling Close6 Venice Street
Google+
Terms & Conditions Privacy Policy Conditions of Use