Reasons to call this home: Set on a generous 1,315 sqm block, this property is perfectly positioned within walking distance to everything you need! Whether you're looking for an immediate development project or a long-term investment, this site offers exceptional potential.
With the flexibility to pursue a traditional 5-villa development or, like many others in the area, explore a higher-density 13-apartment complex (STCA), the choice is yours.
An added bonus — the current owner is open to leasing back the property, giving you time to finalize your designs and planning without pressure.
Additionally, with the proposed zoning changes under the City of Gosnells Draft Local Planning Scheme 24, this lot is set to be rezoned to R40/60, making it a smart land-banking opportunity for future high-density development.
The details: Council rates: Water rates: $916.13 per annum Land size: 1,315 sqm Year built: 1965 Zoning: R30/R40 with proposed R40/R60 Expected rental return: $580 Per week approximately
