SOLD
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Sold on 24 Jul 2024 for $920,000

27 Balaka Way
Queens Park WA 6107

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 811m2
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Property Details for 27 Balaka Way, Queens Park

27 Balaka Way, Queens Park is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 811m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Queens Park in the last 12 months.

Building Type
House
Land Size
811m2

Last Listing description (July 2024)

Tom Miszczak from The Agency has the pleasure in brining this outstanding property and opportunity to the market. Sure to gain attention locally from families wanting a large home and big block in a cul-de-sac location and nationally from investors who can see that so much land with development zoning just 9km from the Perth City is great buying. The perfect combination of an outstanding lifestyle and investment into the future.

The potential includes (STCA):
- Keep the existing property as is for you and your family to enjoy

- Rent the home out at an outstanding return
- Use the already established 2nd driveway and add a granny flat to provide an additional $350-$400 per week (approx.) in rent to the estimated $800-$850 for the home.
- Sub-divide and keep the existing home while creating a new lot behind
- Demolish, sub-divide and build 4 new double storey townhouses

Rental Estimate - $800 to $850 per week.

Features include:
- 3 Bedrooms
- 2 Bathrooms
- 3+ Car Garage
- 811sqm Green Title Block
- 'Centre' Zoning (R30/R60)
- Reverse Cycle Air-Conditioning
- Jarrah Floorboards
- Dishwasher
- Below Ground Pool
- Dishwasher
- Electric Oven
- Electric Pool
- Stunning Entertainers Alfresco
- 2 Driveways

From the moment you pull into Balaka Way you'll appreciate the private location and large lots that surround you. The wide frontage and lush green lawns will invite you into this warm and character filled residence with modern day inclusions and multiple living spaces.

Stepping in, the formal lounge is a large and open lounge room perfect for the biggest of families to enjoy. Through to the middle and heart of the home is the large and upgraded kitchen which enjoys a wonderful disposition looking out on the open plan dining and living as well as out onto the pool, grass and alfresco area. With great bench space and ample storage space as well as quality appliances, the MasterChef of the family will be happy here.

The bedrooms are located towards the Southern side of the home and all 3 are great sized rooms with the master exceptionally so. Sitting adjacent to the upgraded bathroom the convenience on offer with this floor plan will tick all the boxes.

The unique opportunity of this home continues in the garage and workshop with ample parking for multiple cars (including race cars - as displayed) the space here can be utilised and converted back into another room with it's own bathroom and toilet here also.

The gardens and pool will suit the entertainer down to a tee with the Northern aspect of the yard providing year round use of this rare amount of land.

Contact your REIWA award winning agent - Tom Miszczak on 0400 217 162

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.

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Property History for 27 Balaka Way, Queens Park, WA 6107

A timeline of how this property has performed in the market
Last Sold
$920,000
24 Jul 2024
Listed for Rent
$750/w
22 Sep 2024
  • 05 Sep 2024
    Listed for Rent $750 / week
  • 16 Jul 2024
    Sold for $920,000
  • 16 Jul 2024
    Sold for $920,000
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About Queens Park 6107

The size of Queens Park is approximately 2.7 square kilometres. It has 11 parks covering nearly 17.6% of total area. The population of Queens Park in 2011 was 5,379 people. By 2016 the population was 6,650 showing a population growth of 23.6% in the area during that time. The predominant age group in Queens Park is 30-39 years. Households in Queens Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queens Park work in a professional occupation. In 2011, 56.5% of the homes in Queens Park were owner-occupied compared with 56% in 2016.

Queens Park has 3,257 properties. Over the last 5 years, Houses in Queens Park have seen a 83.48% increase in median value, while Units have seen a 105.30% increase. As at 30 November 2024:

  • The median value for Houses in Queens Park is $717,032 while the median value for Units is $527,236.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 2 properties listed for rent in Queens park on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Queens park.

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Contact agent
Tom Miszczak
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The Agency Perth
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