Sold
109 Thomas Street, East Cannington WA 6107
Sold price: $522,000
Sold: 20 Feb 2021
Sold
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3 Bedrooms
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1 Bathroom
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Landsize 1,012m2
House
View
The Classic " Quarter Acre " Development Block !
You can't go past the tried and proven method of investment, and when it comes to development & investment, the 1/4 acre block is " gold- like " dirt !
For those too young to remember the old school measurement system, we are talking 1012 sqm of prime development land, that comes with R30 zoning.
With government grants spiking interest in development land, this is one solid investment that will deliver whether you plan to develop immediately or take a " buy and hold " position.
There is a rentable home, which is solid and positioned that allows the potential of " retain and build two behind " or knock down and create 3 x vacant lots or dwellings.
Located on the fringe of the Quatrro Estate and walking distance to Maniana Park, this is one of the best streets you'll find in the suburb .
Don't delay to enquire. For more info call Steve Erceg or Trent Garrett on 0412 898 035.
Property features
Property snapshot by reiwa.com
This property at 109 Thomas Street, East Cannington is a three bedroom, one bathroom house sold by Steven Erceg and Trent Garrett at Verse Property Group on 20 Feb 2021.
Looking to buy a similar property in the area? View other three bedroom properties for sale in East Cannington or see other recently sold properties in East Cannington.
Cost breakdown
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Council rates: $1,455 / year
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Water rates: $1,030 / year
Nearby schools
East Cannington overview
East Cannington is an established suburb southeast of Perth. East Cannington's most substantial development period occurred during the 1960s and 1970s.
Life in East Cannington
Parks and reserves characterise the sections of the East Cannington landscape not used for housing purposes with minimal commercial activity in the area. While predominantly the suburb relies on facilities in surrounding neighbourhoods, there is a small shopping centre within the East Cannington precinct that takes care of immediate grocery and amenity requirements.
East Cannington quick stats
High end
$669k
Median
$546k
Low end
$465k
14.1 %
Annual growth
$546k
Annual median sales price
$630pw
Annual median rental price
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