Set in a convenient and well-connected pocket of Gosnells, 32 George Street presents a golden opportunity for investors, developers, or future-minded homeowners looking to capitalise on a property with retain and subdivide potential.
Positioned on a generous parcel of land and zoned R20/30 with a Proposed R30 Zoning, this property is perfectly suited for a retain-and-subdivide project, subject to council approval (STCA). With the existing 3-bedroom, 1-bathroom home located toward the front of the block, there's a real possibility to retain the current dwelling and create a second lot at the rear - offering excellent value uplift and multiple options for the savvy buyer.
Whether you're looking to develop now or landbank for the future, the potential here is undeniable.
The home is currently leased until January 2026, generating $490 per week in rental income, with a rent review due in August 2025 - providing strong holding income while you explore your development options or prepare for the next phase.
Inside, the residence offers a functional and comfortable layout, complete with a gas point for heating, three good-sized bedrooms, a practical kitchen, and open-plan living spaces.
Location-wise, it doesn't get much more convenient:
• Directly across from the Local Fresh Market, perfect for daily fresh produce
• Dining options just footsteps away, including a fish & chips shop and a pizza restaurant
• Only 1.9km to Coles Gosnells and surrounding shops
• 200m to the nearest bus stop, making public transport easily accessible
• Just 19km to Perth CBD, offering city convenience without the hustle
This is a prime opportunity to secure a property that offers flexibility, future development options, and immediate rental returns. Whether you're planning a two-lot subdivision, a future build, or simply expanding your investment portfolio, 32 George Street delivers on every front.
Don't miss your chance to unlock the potential of this ideally located, R20/30-zoned property in the heart of Gosnells.
Contact Andrew Ang | 0435 363 438 | [email protected] today to secure this deal!
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Disclaimer: Ray White BPG have in preparing this advert used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Reference to a school does not guarantee availability of that particular school. All distances are estimated using Google Maps. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert. ALL boundary lines and size on imagery is APPROX only.
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