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Overview
READY TO DEVELOP NOW
This property presents a remarkable opportunity for developers and investors alike, situated on a substantial 893 square meter lot. The existing residence is a solid double brick and tile home featuring three bedrooms, one bathroom, and a single garage space, currently rented and offering immediate income potential.
A significant advantage of this property is the current Development Approval (DA) in place, allowing for the construction of a new four-bedroom, two-bathroom home, as well as two additional quality homes each comprising three bedrooms and two bathrooms. This approval provides a clear pathway for redevelopment, maximizing the value and utility of the land.
Located in a highly sought-after area, the property benefits from proximity to major shopping precincts, convenient transport links, Perth Airport, the Perth Central Business District, and Curtin University. This strategic location enhances the appeal for future residents or tenants, ensuring strong demand.
The neighborhood offers a variety of amenities within easy reach, including Zone Bowling Cannington (160 meters), Cannington Medical Centre Pharmacy (170 meters), Wilson Park (750 meters), Chemist Warehouse Cannington (1.2 kilometers), Cannington Community College (1.7 kilometers), Cannington Leisureplex (2.1 kilometers), Rehoboth Christian College (Wilson Campus) (2.2 kilometers), Westfield Carousel shopping center (2.4 kilometers), Sevenoaks Senior College (2.5 kilometers), Perth Airport (9.3 kilometers), and the Perth CBD (10.8 kilometers). Accessibility to major roads such as Albany Highway, Manning, and Nicholson Road further enhances connectivity.
This is a rare and valuable opportunity to acquire a property with immediate rental income and significant development potential in a prime location. Interested parties are encouraged to act swiftly to secure this asset before it is taken off the market.
For detailed plans of the proposed new builds and the Development Approval documentation, prospective buyers are invited to request the information pack. This pack includes digital links to all relevant documents such as the title, rates information, and the offer contract, facilitating a comprehensive understanding of the development possibilities.
Potential purchasers should conduct their own due diligence and consult with relevant authorities to verify all information and approvals related to this property.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cannington WA 6107
Market Insights for Cannington WA 6107
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