17 Pegus Street, Thornlie WA 6108

Massive Block with Subdivision Potential

Whether you're an owner-occupier, investor or developer, this is an outstanding opportunity to secure a generous 890sqm (approx.) property in Thornlie.

R20-zoned with options galore.

The existing 3 bedroom, 1 bathroom brick and tile home sits on a relatively flat block and offers excellent potential to retain the existing dwelling and subdivide the rear (subject to relevant approvals). An indicative subdivision concept has been provided in the photos to demonstrate one possible layout.

Flexible Options

Move in and enjoy with vacant possession available at settlement for owner-occupiers.

Invest immediately with the property currently leased at $620 per week on a month-to-month tenancy.

Existing tenants have expressed interest in signing a fixed-term lease, with the new rental of $620 per week taking effect from 10 September 2026, providing investors with immediate rental income if desired.

Property Features

Relatively flat block

Potential retain and subdivide opportunity (STCA) subject to applying 5% variation concession

Solid 3 bedroom, 1 bathroom brick and tile home

Spacious master bedroom with split system air conditioning, full wall of wardrobe cabinetry and sliding robes

Main bathroom with bath/shower combination

Undercover patio for outdoor entertaining

Drive-through access to the rear

Rear shed

Excellent investment, development or future landbank opportunity

Fantastic Location

Positioned in a highly convenient location between Thornlie Train Station and Thornlie Square Shopping Centre, you'll enjoy easy access to everyday amenities including:

Thornlie Train Station, Thornlie Square Shopping Centre, Local butcher, restaurants, specialty shops & Lindsay Clarke Reserve and playground

Properties offering this combination of land size, development potential, rental income and location are becoming increasingly difficult to find.

Disclaimer: The proposed subdivision layout is indicative only and has been provided for illustrative purposes. Buyers must make their own enquiries with the relevant authorities and obtain independent professional advice regarding zoning, subdivision and development potential.

Property Code: 418