63 Terence Street

Position yourself in one of Perth's most dynamic growth corridors with this outstanding development opportunity. Occupying a substantial 1,211sqm site with R80 zoning, the property offers significant redevelopment potential. Located just 550 metres from Gosnells Train Station and set to benefit from the recent transformative $1.3 billion rail infrastructure upgrade, this is a rare chance to capitalise on future growth. With exceptional connectivity, this well-positioned property sits opposite the expansive parklands of Gosnells Oval Playground. A wide range of amenities-including retail shopping, cafés, the popular Gosnells Railway Market, pharmacy, fitness facilities, and childcare services-are all within an 850m radius. Convenient access to Albany Highway and Tonkin Highway further enhances the location, providing efficient links to Perth CBD and surrounding growth corridors. The existing 3-bedroom, 1-bathroom home (approx. 102sqm) is neat, solid, and highly liveable-making it ideal for holding income while you plan your next move. Inside, you'll find charming timber floors, high ceilings, and big-picture windows. Three generously sized bedrooms and practical living spaces provide comfort for a small family. Outdoors, the expansive backyard is a standout-perfect for kids, pets, or future development. A brick shed adds utility, while established fruit trees/vine (loquat, pomegranate, olive, and grapevine) bring a touch of homestead charm. The property is currently leased until 18 February 2027, offering immediate rental income and flexibility for future planning. (Please note that the photographs were taken prior to the tenant taking possession of the property.) As outlined by the City of Gosnells, R80 zoning allows for significant density potential. With a minimum site area of 100sqm and an average of 120sqm per dwelling, this block could accommodate multiple grouped dwellings including 4-storey-making it an outstanding opportunity for developers and investors. Key Features: 1211sqm block with R80 zoning (LPS24) Block dimensions: 60.17m x 20.12m Opposite parklands and open space 550m to train station Amenities within 850m Timber floors, high ceilings and large windows 3 spacious bedrooms Functional kitchen with breakfast bar and gas stove Ducted evaporative air conditioning and ceiling fan (main bedroom) Insulation and instant electric hot water Security doors and linen storage 3m x 3m shed Wide front porch and rear verandah Carport with remote access and drive-through to rear Established fruit trees and grapevine Fully fenced Disclaimer: This information is provided for general information purposes only and is based on information available. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.