Exciting Development Opportunity for Developers & Investors!
Here's a fantastic chance to grab an affordable and profitable development project with immediate options:
•Secure land for future or sell for profit.
•Own and earn rental income with tax benefits.
•Combine both strategies.
The demand for affordable housing near Perth CBD is high and is desperately needing modern designed properties which are close to shopping and transport schools and universities.
The property ticks all the boxes with its following attributes:
• Large 1012sqm land, R80 zoning.
• Near Vic Park Café district.
• Public transport at the doorstep.
• Convenient laneway access.
• Shopping and dining across the road.
• Close to Vic Park Central and Westfield Carousel.
• Currently with 2x1 character style home and periodically tenanted.
Benifiting from upgraded zoning to R80 and within the City of Canning has enabled the construction of townhouses or apartments at an attractive cost. Furthermore, the State Government's forward-thinking planning has paved the way for a swift turnaround.
Selection of comparable sites leading to and through Vic Park Central along the highway is scarce and this property is perfectly aligned with market demand by supplying new lots.
Are you the one to create opportunities for all!
Get on board with your designs and lead the way with this golden opportunity.
Contact us today to secure your opportunity.
This property at 1111 Albany Highway, St James is a three bedroom, one bathroom house sold by Simon Backhouse and Mathew Atkins at Professionals Cannington on 05 Jul 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in St James or see other recently sold properties in St James.
Are you interested in buying, renting or investing in St James? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle St James offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. You can also see median and current sales prices for houses and units, as well as sales activity and growth rates.