44 Fernhurst Crescent Balga WA 6061.Location Price Size it has all the ingredients to make small and big
developers / investors take note!!! Forget the 700m2 development blocks
this rare 809m2 block Zoned R40 provides you the potential to develop
into 4 x 180m2 minimum lots (subject to relevant authority approval)



Plus
you get the bonus of a rentable 4 bedroom, 1 bathroom, solid brick and
tile home to rent whilst your making plans to develop this little money
spinner. Prime development sites like this are becoming more and more
scarce - Investors, Mum and Dad developers and seasoned developers don't
wait for tomorrow now is the time to get cracking on that dream
development.



Property Features:



809m2 block zoned R40
(potential for 4 unit site minimum lot size 180m2 / average grouped
dwelling 220m2) - subject to relevant authority approval



1960's 4 Bedroom 1 bathroom Brick veneer and tile home



Convenient location walking distance to schools, local shopping precinct and reserves



Expected rental return - $420 - $450 per week