228 George Street

Queens Park WA 6107

Two Corner Blocks. One Rare Opportunity. Endless Potential.This is the kind of site savvy developers wait years for.Offered together, these two substantial corner blocks combine to form a 2,133m* land holding in one of Perth's most tightly-held, fastest-moving suburbs. Zoned R30, positioned on a double corner, and sitting inside a Queens Park precinct that is currently the subject of proposed Structure Plan changes with the City of Canning, this is a site with real upside, right now, and even more upside on the horizon.Whether you're looking to develop, subdivide, land bank, or simply lock in a premium-sized landholding before the suburb finishes catching up to its own potential, this is the one.The Development PotentialSubject to planning approval and the outcome of the current Structure Plan review, the combined 2,133m site has the scale to support genuine medium-density redevelopment:Combined (226 & 228 together): approximately 2024 apartments (three storeys, surface parking) or 1216 grouped dwellings self-contained townhouses with integral garagesSold individually: each site is a similar size and, on its own, would comfortably accommodate 68 townhousesThe uplift in yield when the two sites are combined could be significant! Producing full indicative layouts for every scenario is a substantial exercise in itself, and our architect on this project, Nick Rennick of SKAPA Studio, is available to work through appraisals with genuinely interested buyers and developers. Reach out to Ellie to be connected.About the Property 228 George StreetThe existing 1936-built character home on 1,069 sqm holds its own beautifully while you plan your next move. It offers:4 generous bedrooms and 1 well-appointed bathroomMultiple living areas plus a bonus sleepoutA well-equipped kitchen with a functional, practical layoutA massive shed/workshop with drive-through access perfect for boats, trailers, caravans and extra vehiclesA corner block position delivering exceptional street exposure and vehicle access options. AS IS SALE. Live in it, rent it, or hold it while the planning pieces fall into place the flexibility here is unmatched.Location Because It Really Is All About LocationPositioned in the heart of Queens Park and walking distance to Queens Park Train Station, you're surrounded by:Westfield Carousel Shopping CentreBig brand retail, cafes, restaurants and shopsMedical centres, a library and car showroomsThe Leisureplex, the Canning River and beautiful parklandsWalking, cycling and trekking paths right on your doorstepQuality local schools and public transport at your fingertipsQueens Park has everything a growing suburb needs and with R30 zoning, scale like this, and a Structure Plan review actively underway, the upside here is genuinely exceptional.226 & 228 George Street are being offered for sale together contact us today to discuss the opportunity.Ellie Hill Centurion Real Estate0479 002 055 | elliehill@centurionrealestate.net.auDevelopment appraisals available for serious buyers and developers in consultation with:Nick Rennick BSc(Hons) | PgDip | ARB | RAIA SKAPA Studio (Architect)0426 632 209 | nick@skapastudio.com.au* Land area is approximate and subject to survey.*Median price and market data sourced from REIWA, correct as at time of preparation subject to change as REIWA revises figures monthly. Prospective purchasers should verify current data directly with REIWA prior to making decisions.Disclaimer: All development yields (apartment and grouped dwelling numbers) are indicative only, subject to Council approval and the outcome of the pending Queens Park Structure Plan review, and do not constitute planning advice or a guarantee of approval. Every effort has been made to ensure the accuracy of this advertisement; however, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to verify all relevant details. This information does not constitute any representation by the vendor or agent and is expressly excluded from any contract.