Sold
1/58 Leonora Street, Como WA 6152
Sold price: $525,000
Sold: 05 Mar 2022
Sold
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2 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 1,012m2
Land
View
Development perched on the hill!!!
What a fabulous opportunity for a small to medium sized developer, to join in and be amongst the high growth set for the Canning bridge precinct.
1012 sqm of prime development land, zoned H8 in the heart of the Como precinct. With outstanding views topping over the lower blocks below. This will allow commanding views of the amazing Swan River and views to the city & hills.
Being H8 means this land can be developed for up to 8 storeys high (STCA).
This property also boasts 4 apartments that can utilised as a great income for reducing holding costs. All currently tenanted and ready to go. This makes for an easy decision, whilst purchasing and designing your upmarket modern apartments.
The future is very bright in WA and we appear set for outstanding, further growth, over the coming years. With the volume of
Properties on the market to reside in, at close to an all-time low. And the rental availability now at the lowest vacancy rate for 12 years.
Any savvy buyer or developer would see this all pointing to a fabulous time to choose a development site, at any level and reap the rewards.
Be quick to contact Ross "Leave it to Cleaver " Cleaver the Canning bridge precinct expert. As this property will certainly be snapped up. Time to DEVELOP AND PROSPER!!!
Refer below link;
https://southperth.wa.gov.au/docs/default-source/4-develop/planning/planning-projects/canning-bridge/canning-bridge/canning-bridge-activity-centre-plan.pdf?sfvrsn=2002fdbd_20
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property features
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Carports
2
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Floor area
81m2
Listing snapshot by reiwa.com
This land listing located in Como was sold by Ross Cleaver at Harcourts Focus.
If you would like to get in touch with Ross Cleaver regarding 1/58 Leonora Street, Como, please call 0438 577 476 or contact the agent via email.
Nearby schools
Como overview
Como is an established suburb bound to the west by the Canning and Swan Rivers. Part of the City of South Perth's municipality, Como experienced its most significant development during the 1950s and 1960s, with gradual growth since the early 1990s as new dwellings were added to the area.
Life in Como
Parks and reserves are a dominant aspect of the Como landscape, such as one of Como's most notable features the international standard 27 hole Collier Park Golf Course. The Como Hotel is a popular bar, café and restaurant in the suburb and a recognisable fixture of Canning Highway. There are also some shops in the area to service local requirements, as well as four local schools, including Penrhos College.
Como quick stats
High end
$1.7m
Median
$1.3m
Low end
$1.1m
26.0 %
Annual growth
$1.3m
Annual median sales price
$750pw
Annual median rental price