85 Crandon Street Gosnells WA 6110

Large lot with dual street frontage | 1923m² redevelopment canvas | Liveable condition | Pool present | Above suburb median scale This property’s primary strength is its substantial, regularly shaped lot with dual frontage, a rare configuration in Gosnells that offers multiple exit strategies. The existing house provides immediate rental income or occupancy, while the low building coverage and lot size create a clear path for subdivision or rebuild, serving the investor-developer or the buyer seeking long-term land banking. Its value estimate sits significantly above the suburb median, reflecting this latent potential rather than the dwelling’s condition. Proceed with a commercial assessment of subdivision feasibility, as the main risk is council zoning and development approval costs eroding the premium paid for the land. The opportunity is to secure a strategic land parcel at a residential price; the judgment is to acquire it as a land play with an income-supporting house. A Propcred report would pressure-test the valuation against recent lot sales and detail locality risks like zoning constraints and flood mapping.