52 Gibbs Street
East Cannington, WA 6107

This property presents a unique and rare opportunity with WAPC approval to retain the existing solid 3-bedroom, 2-bathroom home while building two additional homes behind on the site. The 1010sqm Green Title block is situated in a prime location in East Cannington, offering excellent development potential and flexibility for future subdivision of the front lot.

The existing home is structurally sound and has stood the test of time, offering a spacious and flexible layout. It features a large formal lounge and dining area, which could be converted into an additional bedroom to maximize rental returns if the home is retained. The oversized laundry provides space for a second bathroom conversion, and the property includes a double garage and workshop.

Located within walking distance to key amenities such as Gibbs Street Primary School, Westfield Carousel shopping centre, Cannington Train Station, Canning Leisureplex, Sam Kerr State Football Centre, and Sevenoaks College, this property combines convenience with development potential.

Additional features include R40 zoning, side access, and council and water rates approximately $2,510 and $1,500 per annum respectively. The property is currently leased at $730 per week, providing immediate income while planning future development.

This is an exceptional opportunity for investors or developers seeking a ready-to-go site with multiple options for growth in a sought-after location. The property's solid construction and flexible layout offer a strong foundation for future enhancements or redevelopment.