Positioned in one of Thornlie's most strategically located growth corridors, 42 Yale Road presents an exceptional opportunity to secure a substantial 809sqm landholding with sought-after R80 zoning and significant development potential.
Whether you're a seasoned developer, builder, investor or land banker, this property offers flexibility, holding income and future upside in a location that continues to benefit from infrastructure, transport and residential demand.
The existing four-bedroom, one-bathroom residence is situated in a retainable position on the block, providing the opportunity to generate rental income while planning your next project. With apartment complexes already established nearby, the surrounding streetscape demonstrates the area's suitability for higher-density residential development.
Located within walking distance to Thornlie Train Station and surrounded by major amenities, the property enjoys outstanding accessibility and convenience. Residents will benefit from nearby shopping centres, cafés, restaurants, medical facilities, childcare centres, schools, parks and recreational amenities, all contributing to strong buyer and tenant demand.
The R80 zoning opens the door to a variety of potential development outcomes (subject to relevant approvals), making this an attractive proposition for those seeking to maximise land value in a high-demand urban location.
Recent sales of two-bedroom, two-bathroom apartments in the area have achieved approximately $580,000, while one-bedroom, one-bathroom apartments have achieved approximately $500,000, highlighting the strong end-value potential within the local market.
With excellent exposure, a highly visible position and multiple pathways to add value, opportunities of this calibre are becoming increasingly difficult to secure.
For buyers seeking a clearer understanding of the development potential, we encourage enquiries to discuss possible outcomes and site opportunities, and encourage due diligence with town planners, City of Gosnells and surveyors.
Features:
- 809sqm block zoned R80 - approx 20m frontage by approx 40m depth
- Existing 4-bedroom, 1-bathroom home
- Home positioned for potential retention
- Walking distance to Thornlie Train Station
- Suitable for apartments, townhouses or mixed development outcomes (STCA)
- Strong surrounding residential and apartment development activity
- High-exposure Yale Road location
- Close to shopping centres, schools, parks, childcare, medical facilities and cafés
Call Abdullah Al Nour and Shivam Valdi for more information today!
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.
