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107 George Way, Cannington WA 6107

Listed price: From $1,189,000 Sold: 19 Nov 2024
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • Landsize 1,384m2
House
107 George Way, Cannington WA 6107

Prime Development Opportunity

This property offers a fantastic development opportunity in the heart of Cannington, perfect for savvy investors and developers. Located within the Queens Park Local Structure Plan (Residential Precinct A & B), the centre zoning allows for a wide range of possibilities such as multiple or grouped dwellings, childcare or aged care facilities, educational centres, community hubs, or consulting rooms (subject to WAPC and council approval). It's an ideal chance to capitalize on Perth's growing urban landscape.

The existing 1940s 2-bedroom, 1-bathroom home may not be the highlight, but it offers rental income while you plan your future development. Featuring timber floors, high ceilings, and a cosy layout, it's a solid short-term investment as you prepare for the next phase. Sold as-is, the home is functional and rentable, giving you time to map out your vision for the block.

Features Include:

• Prime development opportunity with multiple possibilities
• Centre Zoning + part of the Queens Park Local Structure Plan (Residential Precinct A & B)
• Various development options, including multiple & grouped dwellings, childcare premises, community purpose buildings, consulting rooms, residential buildings, vet centre, educational establishment, home & business buildings, aged care facilities, and more - (subject to WAPC/Council approval; buyers are advised to conduct their own due diligence)
• Rentable home sold 'AS IS' with RCD & smoke alarm compliance (will need to be demolished for development)
• Bore on property for water supply
• Close to Westfield Carousel Shopping Centre, Bentley Hospital, Cannington Leisureplex & library, eateries, medical facilities, public transport hubs, Queens Park Train Station & multiple schools, including • Curtin University
• Easy access to Victoria Park, the CBD & Perth's airports via major arterial roads
• Strata-titled only, with no active strata body or strata fees

The block itself is the true gem, with plenty of space to develop and ready to serve a fast-growing community. Whether you're thinking multiple dwellings or an expansive single development there's plenty of room to let your vision grow. The surrounding neighbourhood is packed with opportunity and this location is at the heart of it all - minutes from vibrant Westfield Carousel, public transport, local schools, the leisure centre, medical facilities, and for commuters - easy access to major arterial roads.

This is your chance!

For more information on 107 George Way Cannington or for friendly advice on any of your real estate needs please call Randi Macpherson on 0408 559 247.

* Disclaimer: the team at Earnshaws Real Estate has used our best endeavours to ensure the information here is accurate, but prospective purchasers should always make their own enquiries with the relevant authorities to verify the information in this listing. We accept no liability for any errors, omissions or inaccuracies. All boundary lines, measurements and sizes on our images are approximate.

Property snapshot by reiwa.com

This property at 107 George Way, Cannington is a two bedroom, one bathroom house sold by Randi Macpherson at Earnshaws Real Estate on 19 Nov 2024.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Cannington or see other recently sold properties in Cannington.

Nearby schools

0.3km
0.6km
Sevenoaks Senior College
  • Secondary
  • Government
Disclaimer

Cannington overview

With settlement dating from the 1840s, Cannington didn't experience significant residential development until the post-war years. Rapid growth began in the 1960s with another substantial increase occurring in the 1990s. Part of the City of Canning, Cannington has substantial commercial sectors within its four square kilometre land area.

Life in Cannington

Cannington is well serviced by a mixture of retail and recreational facilities. Westfield Carousel Shopping Centre is a major fixture of Cannington with everything from extensive retail shops, a gym, pub, restaurants and cinema available here. There are numerous parks for locals to enjoy as well as the Canning River, which bounds the suburb to the south. Local schools include Cannington Primary School and Cannington Community College.

Cannington quick stats

High end $640k
Median $585k
Low end $507k
30.0 %
Annual growth
$585k
Annual median sales price
$650pw
Annual median rental price

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FAQ's

107 George Way, Cannington is a 2 bedroom, 1 bathroom house.

Property features are currently unavailable for this property.

107 George Way, Cannington sold on 19/11/2024, however the final sale price was not disclosed.
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