37 Eileen Street, Gosnells WA 6110

YES YOU'VE READ IT RIGHT! 3668 SQM - PROPOSED R40/60 + CURRENT RENTAL INCOME!

Don't hold your breath for too long or you will miss it! A GIGANTIC 3668 sqm block- zoned R20, R25 and proposed zoning R40/60 - in the heart of Gosnells, an opportunity that can not be missed! Don't miss out on securing this centrally located home! Blocks this large are rare in this area!

This spacious block features a comfortable 3-bedroom, 1-bathroom home, complete with a formal lounge, well-equipped kitchen, dining area, and three generously sized bedrooms serviced by the main bathroom. If you choose to develop this property, you'll need to consider Local Planning Policy 3.5, which requires the construction of a road through the property. This road will occupy a small portion of the large block and will enable the construction of additional street-front homes.

This is a great opportunity for developers, with multiple development options available. Brand-new 3 bedroom, 2 bathroom homes on 220 sqm blocks are currently selling for $550,000 to $600,000. With established house prices at these levels, there is great potential!

This property is perfect for those seeking a fantastic development opportunity, a countryside lifestyle close to the city with the option to build a mansion, or land banking in a fast-growing suburb. Don't miss out - call now!

Features include:
- Prime 3668 sqm block in an excellent location
- Zoned R20, R25 and Proposed R40/60
- Just down the road from the local train station, schools, shops, Tonkin Highway and so much more!
- Rare land holding opportunity

Call The Gosnells Giants - Abdullah Al Nour 0414 585 120 and Shivam Valdi 0420 310 802 for more information.

Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of this information, which is believed to be correct, neither the Agent nor the client nor employees of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document. Interested parties should make enquiries and rely on their personal judgement to satisfy themselves in all respects.