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Agent Details

Seet Sean

Senior Sales Executive

mobile  0478 836 979

office  08 6153 0770

email  Send Enquiry

Damian Seet

Sales Associate

mobile  0478 836 979

office  08 6153 0770

email  Send Enquiry

810sqm R20/60 Site - Retain, Build or Develop! Walking Distance to Train Station

CONTACT AGENT

37 Yale Road, Thornlie

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1
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Profile

This is your chance to secure a high-potential property in one of Thornlie's most convenient and fast-growing pockets. Whether you're a seasoned developer, smart investor, or future homeowner looking for land with long-term value, this property ticks all the boxes.

Positioned on a flat and rectangular 810sqm block, and zoned R20/60, the property offers a wide range of development options (STCA) - from multi-unit projects to retain-and-build strategies. With concept plans for 3 and 4-unit developments available and the groundwork for your next project is already in motion.

Currently occupying the block is a well-maintained 3-bedroom, 1-bathroom home, offering immediate rental potential or a comfortable place to live while you prepare to develop.
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Options for Investors/Developers:
1) Lease Out the Existing Home
The current home is ready to be leased, with features including ducted evaporative cooling, reverse cycle units in key areas, a second toilet, and a large undercover patio. Ideal for holding income while future plans take shape.

2) Develop Now or Retain & Build
Take advantage of the R20/60 zoning and build up to 4 dwellings (STCA). With the existing home well-positioned at the front, there's also potential to retain and subdivide the rear - an increasingly popular and cost-effective option.

3) Landbank for the Future
With Perth's southern corridor growing fast, landbanking in Thornlie makes financial sense. Hold now, develop later, and enjoy capital growth in the meantime.
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Location Features:
• Thornlie Train Station | 600m
• Yale Primary School | 500m
• Thornlie Square Shopping Centre | 1.5km
• Spencer Village Food Court | 1km
• Walter Padbury Park | 650m
• Perth Airport | 13km
• Perth CBD | 18km

Whether you're looking to develop immediately, hold for the future, or live with the option to unlock value later - this property offers flexibility, location, and growth all in one.

This is a fantastic chance to secure a property with serious upside - act fast before it's snapped up!

• Water Rates: Approx. $925.43 per annum
• Council Rates: Approx. $1800.00 per annum

DISCLAIMER
We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

Features

3
Bedrooms
1
Bathrooms
1
Garage
$925.43 Yearly
Water Rates

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