31 Blackham Way

Balga WA 6061

**To Be Sold via Openn Offers - (Online Bidding) with bidding closing Saturday the 21st of February at 3pm. Contact Spiro for more information on registering and for the link to participate on 0418 932 901. Please note the vendor reserves the right to accept a bid at any point.Perfectly positioned in a whisper-quiet street opposite parklands, 31 Blackham Way, Balga presents a standout opportunity for investors, developers, or families seeking space, income, and future flexibility.Set on a generous 769sqm R40-zoned block, this solid 4 bedroom, 2 bathroom brick home immediately sets itself apart. Unlike many similar-sized blocks in the area that are occupied by modest 3x1 dwellings, this property offers a larger, more functional floorplan translating to stronger rental appeal and higher income potential, all while retaining the same subdivisible upside.With scope to retain the existing house and build at the rear, or demolish entirely to subdivide into up to three lots (STCA), this property is an ideal option for those looking to landbank while earning rental income, or to maximise the site's development potential over time.Beyond its exciting development potential, this property also presents as a warm and welcoming family home. Retained in largely original condition, it offers generous living spaces, functional layout, and the charm of a well-kept residence that has stood the test of time. Whether you're looking to move straight in, renovate and add value, lease out, or redevelop (STCA), the versatility here is undeniable.The home is introduced via a charming front porch with stairs leading up to the entry, adding both street appeal and a welcoming sense of privacy. Inside, high ceilings enhance the sense of space, while floorboards throughout provide durability and timeless style. The living area is fitted with a split-system air conditioner for year-round comfort.Accommodation includes four generous bedrooms and two bathrooms, with two toilets and showers in total one conveniently separate from the main bathroom. The home has been immensely well cared for and is ready to move straight into,There's drive-through access to a powered shed at the rear, a handyman's dream or the perfect spot for extra storage. Outside, the property continues to impress with a huge backyard, expansive covered patio flowing seamlessly across the paved outdoor area. A wine cellar underneath the house adds a rare and unique bonus seldom found in homes of this era.Features you'll love!Prime R40-zoned 769sqm block offering scope to retain the existing home and build at the rear (STCA)Strong subdivision potential, with the block capable of being subdivided into up to three lots (STCA) a rare opportunity in Balga for investors or developers looking to maximise future valuePerfectly positioned opposite parklands in a whisper-quiet street, combining lifestyle, income, and long-term development flexibilitySolid brick construction with high ceilings and durable floorboards throughoutSplit-system air conditioning to the living area for year-round comfortFour generous bedrooms and two bathrooms, including a separate toilet/shower for convenienceDrive-through access to a powered workshop or shed perfect for storage, hobbies, or a handyman's dreamExpansive backyard with a covered patio flowing seamlessly across paved outdoor entertaining areasUnique wine cellar located beneath the home, adding character and extra storageCharming front porch with stairs creating street appeal and privacyWhether you're chasing a high-yield investment, a versatile development site, or a combination of both, this is a property that genuinely stands out from the crowd.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.