This property presents an incredible opportunity for developers and investors, offering a spacious 1033m² block with a current zoning of R20/40, potentially allowing for the development of up to three units (subject to council approval). Located just a short distance from the main Gosnells shopping precinct, Gosnells train/bus station, Gosnells markets, stunning nature reserves, and Gosnells Primary School, this 3-bedroom, 1-bathroom home is perfect for both living and future development.
Features include but not limited too:
- Lounge and meals area with polished floor board and air conditioning
- Three good size bedrooms
- Open kitchen and meals area with slate floor
- Massive rear yard, complete with patio area
- No Carpets
- Double Garage or Workshop
Built - 1968
Land Size - 1033 m²
Building size -91 m²
Council Rates: Approx $1,695
Water Rates: Approx $925
Current estimated rental return: $600-$650 Per week
This property is a true developer's dream, offering multiple development options in a thriving market. With established house prices providing great profit potential, brand new 4-bedroom, 2-bathroom homes on 300 sqm lots in the area are currently selling for around $580,000 to $630,000. This makes the property not only a prime location for development but also a lucrative investment opportunity. Whether you're looking to build and sell or hold and rent, the potential returns are substantial.
Don't miss out on this chance to capitalize on a booming market. Get in touch with Mark 0433 021 798 now to secure this exciting opportunity!
