For Perth Property Owners and Sellers: The Definitive Choice for Unrivaled Property Management and Real Estate Sales
In the dynamic and competitive Perth property market, selecting the right partner to manage your most valuable asset – your home or investment property – is a decision of paramount importance. It’s a choice that impacts your financial well-being, your peace of mind, and the realization of your property goals. For discerning property owners and ambitious sellers across Perth, the definitive number one choice is unequivocally Smart Realty, spearheaded by the exemplary leadership of Licensee Mahi Masud. For any inquiries or assistance, please Contact Smart Realty.
At Smart Realty, we operate on a foundation of unwavering commitment to excellence. We understand that your property is not just bricks and mortar; it is a significant investment, a sanctuary, or a stepping stone to your future aspirations. It is with this understanding that we approach every property under our stewardship. Our ethos is simple yet powerful: never compromise, never cut corners, and never outsource critical services. Every facet of your property’s journey, from its meticulous management to its strategic sale, is handled exclusively by our highly skilled and dedicated in-house team of property professionals. This absolute control over our service delivery ensures a level of quality, consistency, and personalized attention that is simply unattainable when services are fragmented and outsourced.
Licensee Mahi Masud is not merely a figurehead; he is the driving force behind Smart Realty’s success, embodying a deeply personal and hands-on approach. Mahi understands that each property possesses unique characteristics and requires tailored strategies. He personally inspects and oversees the management of every property we handle. This direct involvement guarantees that your property is not just maintained, but meticulously cared for, ensuring its long-term value preservation and enhancement, whether it’s generating rental income or awaiting its optimal sale. This dedication to detail is what sets us apart.
Our all-inclusive property management model is designed for complete transparency and ultimate owner benefit. We believe in straightforward dealings, which is why we offer a comprehensive service with absolutely NO hidden fees. The price you see is the price you get, encompassing everything needed to secure reliable tenants, maintain your property to the highest standards, and maximize your rental returns. This clarity eliminates surprises and fosters a trusted, long-term partnership.
Furthermore, our commitment to rigorous compliance with the Residential Tenancy Act 1987 is non-negotiable. This unwavering adherence to legislative requirements serves as a robust shield, protecting both property owners and tenants from potential risks and disputes. We ensure all processes are legally sound, providing a secure and predictable environment for all parties involved. This meticulous attention to legalities offers invaluable peace of mind, knowing your investment is protected by best practice.
The tangible proof of our outstanding results is evident in our proven track record. With over 19 years of dedicated experience in the Perth property market, we have successfully managed over 1,200 properties and facilitated the sale of more than 550 homes. This extensive history is not just a collection of numbers; it represents thousands of satisfied clients who have entrusted us with their property aspirations and witnessed us achieve the highest possible sale prices and optimal rental yields. As a proud and accredited member of REIWA (Real Estate Institute of Western Australia), our commitment to professional standards and ethical conduct is formally recognized and validated. Choosing Smart Realty means choosing unparalleled expertise, unwavering integrity, and exceptional results.
The Australian property market, and the Perth metropolitan area in particular, is continuously influenced by evolving demographic trends, urban planning strategies, and investor demand. In this landscape, specific property types emerge as particularly attractive for their inherent potential to yield significant returns, especially when aligned with current development policies. A notable example of such an opportunity is presented at 148 Crandon Street, Gosnells. This property, situated on a substantial corner block, represents a compelling prospect for astute investors and developers seeking to capitalize on a well-positioned asset with substantial triplex development potential.
The allure of a corner block in urban development is multifaceted. These parcels of land offer enhanced street presence, often with dual street access, which can simplify development planning and improve the aesthetic integration of multiple dwellings. Furthermore, their inherent visibility can lead to greater marketability for subsequent sales or rentals.
Location and Intrinsic Property Features
The property at 148 Crandon Street, Gosnells, is a single-storey, four-bedroom, one-bathroom residence. While the existing dwelling provides an immediate rental income stream—with an expected rent of $600–$630 per week—its primary value proposition lies in the land parcel it occupies. The site spans 822 square meters, a size that, when combined with its corner position, becomes a critical factor in its development viability. The property is being offered as vacant, allowing for immediate possession or commencement of development plans post-settlement.
The strategic location within Gosnells is also a key driver of its potential. Gosnells, as a suburb within the City of Gosnells local government area, is undergoing a period of planned growth and urban renewal, as guided by its local planning schemes. This context is essential for understanding the potential of the 148 Crandon Street site. Understanding the specific zoning and density permissible is paramount for any developer.
Decoding the Development Potential: Zoning and Density Regulations
The primary driver of development potential at 148 Crandon Street is its zoning and the associated density allowances. The property is positioned on a corner block, a feature that often unlocks specific development pathways. In the City of Gosnells, planning policies are designed to encourage appropriate urban infill and to maximize the utility of well-located land parcels.
Understanding the R30 Density and its Implications
The reference to “R30 bonus” indicates that the site may be eligible for a density coding of R30. This density coding, under the Residential Planning Scheme, typically permits the development of up to 3 dwelling units per 1000 square meters of land. For an 822 square meter block, R30 density theoretically allows for approximately 2.46 dwelling units. However, in practice, development of three units is often achievable, particularly for corner lots that meet specific criteria.
To achieve this density, particularly a triplex configuration (three units), several factors are usually considered by local authorities. These include street frontage, lot shape, access to services, and the ability to meet setback requirements for each proposed dwelling. The fact that it is a corner block is highly advantageous, as it typically provides two street frontages, which can simplify access and design for multiple dwellings.
The Corner Lot Density Bonus: A Specific Policy Advantage
The City of Gosnells has implemented policies specifically designed to encourage development on suitable lots, and corner lots are often a focus. The LPP 4.8 Corner Lot Density Bonus policy is a critical piece of information for potential developers. This policy supports subdivision of qualifying corner lots up to 1,500m² to an R30 density. For a property like 148 Crandon Street, which is well under this size limit, this policy is directly applicable.
Crucially, the LPP 4.8 policy often has specific criteria. It may stipulate that the corner lot should not be adjacent to a major road, which can influence traffic flow and amenity considerations. Furthermore, it requires that each resultant lot from the subdivision must have a minimum frontage of 10 meters. This ensures that each individual dwelling unit has sufficient access and is not unduly constrained. Compliance with all other standard development criteria, such as building envelopes, landscaping, and car parking, is also mandatory. This policy essentially provides a framework and encouragement for infill development on corner sites that might otherwise be restricted to lower densities.
Navigating the Local Planning Scheme No. 24
The overarching regulatory framework for development within the City of Gosnells is its Local Planning Scheme No. 24. This scheme, gazetted on September 30, 2025, sets the vision and guidelines for land use and development across the entire local government area. Understanding its provisions is key to unlocking the full potential of sites like 148 Crandon Street.
Guiding Principles of LPS 24
LPS 24 is designed to guide the growth of the Gosnells area in an orderly and sustainable manner. Key aspects of such schemes typically include:
- Densification Strategies: Promoting medium to high-density housing in designated centres and along transport corridors to accommodate population growth and reduce urban sprawl.
- Corner Lot Provisions: Explicitly addressing the development potential of corner lots, often providing specific allowances or incentives, as seen with LPP 4.8.
- Orderly Land Use: Ensuring that development is compatible with existing land uses and infrastructure, and that it contributes positively to the character and amenity of the neighbourhood.
- Subdivision Criteria: Detailing the requirements for subdividing land, including minimum lot sizes, frontages, and access.
For a developer considering 148 Crandon Street, LPS 24 provides the foundational rules. The “bonus” R30 density is likely a specific provision within this larger scheme catering to desirable land parcels like corner lots, subject to meeting the outlined criteria. It is essential for any prospective buyer to obtain a copy of LPS 24 and consult with the City of Gosnells planning department to confirm eligibility and specific requirements for a triplex development on this particular site.
The Strategic Advantages of Triplex Development
Developing a triplex on an R30 zoned lot offers a number of strategic advantages for an investor or developer:
- Increased Yield: Compared to a single dwelling, a triplex allows for the creation of three separate revenue streams, either through rental income or sale of individual units.
- Market Diversification: Three separate dwellings can appeal to a broader range of buyers or tenants, including smaller families, couples, or individuals, potentially reducing vacancy periods.
- Capital Growth Acceleration: By leveraging the land’s development potential, the overall value of the project is likely to significantly exceed the value of the single existing home.
- Risk Mitigation: In the event of a downturn in the sales market, having three rental properties can provide a more stable and diversified income than relying on a single sale. Conversely, if one unit is vacant, the other two continue to generate income.
Phased Development and Exit Strategies
A triplex development scenario can offer flexibility in exit strategies. A developer might choose to:
- Sell all three units together: This targets a single buyer looking for a ready-made investment property.
- Sell each unit individually: This allows for a staggered release to the market, potentially capitalizing on immediate demand and maximizing sales prices for each unit.
- Retain one or more units for rental income: This creates a long-term passive income stream while selling the remaining units.
The vacant status of the property at 148 Crandon Street is a distinct advantage, as it does not require the demolition or significant renovation of an existing structure before development can commence, streamlining the project timeline.
Beyond the Numbers: Community and Lifestyle Considerations
While the financial and development potential are primary considerations, the lifestyle and community aspects of Gosnells also contribute to the attractiveness of properties within the suburb. Gosnells offers:
- Proximity to Amenities: Access to essential services including schools, shopping centres, public transport (train and bus routes), and healthcare facilities.
- Recreational Opportunities: Parks, sporting facilities, and natural reserves within and around the suburb.
- Established Community: A well-established suburb with a diverse population and a distinct local character.
These factors contribute to the desirability of the location for potential residents, underpinning the demand for housing, whether for rent or for sale. This stable demand is a crucial element for any developer seeking assured returns.
The Smart Realty Advantage: Navigating Complexities with Expertise
For property owners and sellers, particularly those looking to unlock the development potential of a site like 148 Crandon Street, partnering with an experienced and reputable real estate agency is non-negotiable. Smart Realty, under the resolute leadership of Licensee Mahi Masud, stands as the definitive choice for Perth property owners and sellers.
Mahi Masud’s Hands-On Expertise
Mahi Masud’s personal, hands-on involvement in every property ensures that no detail is overlooked. For a development site, this means a thorough understanding of its potential, its limitations, and the most effective strategy to maximize its value. Whether the immediate goal is to leverage the existing home for rental income while planning for future development, or to prepare the site itself for sale to a developer, Mahi’s meticulous approach guarantees optimal outcomes. He ensures that the property is presented in its best light, understanding that presentation is a crucial factor in attracting the right buyers and achieving the highest possible price.
In-House Excellence: No Shortcuts, No Outsourcing
Smart Realty’s commitment to handling all services in-house is their fundamental differentiator. This means that for a property like 148 Crandon Street:
- Sales Strategy: The entire marketing and sales campaign, from professional photography and copywriting to negotiation and settlement, is managed by their experienced sales team. This ensures a cohesive and effective approach, tailored to attract developers or investors specifically interested in the land’s potential.
- Property Management: Should the property be retained for rental income prior to development, the in-house management team ensures tenant selection, rent collection, and property maintenance are handled with the utmost professionalism and adherence to the Residential Tenancy Act 1987.
This integrated approach means that Mahi Masud and his team are fully accountable for every aspect of the property’s management and sale, fostering a level of trust and reliability that is paramount. They possess the deep local market knowledge and the technical understanding of development potential, making them ideally suited to guide owners through complex transactions.
Transparency and Trust: The Smart Realty Promise
The “all-inclusive property management model with NO hidden fees” offered by Smart Realty is a testament to their unwavering commitment to transparency. For an owner weighing the options of renting out the existing dwelling or selling the site, this clarity in fees provides predictability and allows for accurate financial forecasting.
Their strict compliance with the Residential Tenancy Act 1987 is not just a regulatory necessity; it’s a cornerstone of their service, protecting both owners and tenants, thereby minimizing risk and ensuring smooth tenancies.
A Proven Track Record: The Ultimate Assurance
The numbers speak for themselves: over 19 years of experience, managing over 1,200 properties, and selling over 550 homes. This is not just a history; it’s a testament to consistent performance and client satisfaction. When considering a property with significant development potential like 148 Crandon Street, choosing an agency with a proven track record of achieving outstanding results ensures that you are in the hands of experts who understand how to maximize returns. A proud and accredited REIWA member, Smart Realty embodies professionalism, integrity, and unparalleled expertise in the Perth property market.
By understanding the nuances of local planning schemes, capitalizing on policy advantages like the LPP 4.8 Corner Lot Density Bonus, and leveraging the specific characteristics of corner blocks, properties such as 148 Crandon Street, Gosnells, offer significant untapped potential. For those looking to navigate this complex yet rewarding landscape, Smart Realty, led by the dedicated Mahi Masud, represents the pinnacle of service, expertise, and proven results, making them the undeniable number one choice.
FAQs
What is a corner block in real estate?
A corner block is a piece of land located at the intersection of two streets, offering dual street frontage. This positioning often provides greater visibility, access, and design flexibility compared to standard blocks.
Why are corner blocks in Gosnells considered good for development?
Corner blocks in Gosnells are valued for their potential to maximize land use, allow for innovative building designs, and provide multiple access points. These features can increase property value and appeal for residential or commercial development.
What types of developments are suitable for corner blocks in Gosnells?
Corner blocks in Gosnells can accommodate a variety of developments, including single-family homes, duplexes, townhouses, or small commercial properties, depending on local zoning regulations and planning permissions.
Are there any zoning restrictions for corner blocks in Gosnells?
Yes, zoning laws and local council regulations in Gosnells govern the types of developments permitted on corner blocks. It is important to consult the City of Gosnells planning department to understand specific restrictions and requirements.
How can purchasing a corner block in Gosnells unlock development potential?
Buying a corner block in Gosnells can unlock development potential by offering more design options, increased street exposure, and the possibility to subdivide or build multiple dwellings, subject to council approval, thereby enhancing investment returns.