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.
This property at 42 Yale Road, Thornlie is a four bedroom, one bathroom house listed for sale by Shivam Valdi and Abdullah Al Nour at Minic Property Group.
For more information about Thornlie, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Thornlie profile page.
If you would like to get in touch with Shivam Valdi or Abdullah Al Nour regarding 42 Yale Road, Thornlie, please call Shivam on 0420 310 802 or call Abdullah on 0414 585 120, or contact the agent via email.
With a 12 square kilometre land area, Thornlie is the largest suburb within the City of Gosnells. Established during the post-war years, significant growth didn't occur until the late 1950s and lasted through to the 1980s. A slight population increase was experienced during the 1990s, but since has remained relatively stable.
Thornlie presents an appealing suburban lifestyle away from the hectic nature of inner-city living. An array of reserves and parks add to the suburban charm of Thornlie, while strong transport links keep the suburb well connected to the Perth metropolitan region.
Locally major features include a number of shopping centres such as the Forest Lakes Shopping Centre, Spencer Village Shopping Centre and the Thornlie Square Shopping Centre.
Recreational facilities are another appealing facet with Leisure World and the Tom Bateman Sporting Complex (home to the Perth Heat Baseball Club) all close by. There are several local schools in the area, such as Thornlie Primary School and Thornlie Senior High School.