15 Mildmay Street, Balga WA 6061

769m² block|Subdivision potential|1969 3×1|In-ground pool|Balga WA The property is distinguished by its 769 m² land holding, which is uncommon in this suburb and offers genuine subdivision potential. The in-ground pool and outdoor entertaining area enhance liveability, while the three-bedroom, one-bathroom configuration provides a functional but modest layout. Located within established school catchments and with no significant overlays, the property sits in a corridor of steady family demand. This is a land-led proposition best suited to a buyer prepared to hold for capital growth or explore future subdivision. The principal risk lies in the dwelling’s age—built 1969—which may require capital expenditure on structure, services, or pool maintenance. The single bathroom is a constraint for larger households and may narrow the tenant pool. Against this, the land size itself is the commercial opportunity. If subdivision is permissible, the return on a feasibility study is likely positive. The property should be held for land appreciation or, if planning allows, developed into multiple lots. a feasibility study is recommended before purchase.