Reiwa Reiwa
1111 Albany Highway, St James WA 6102

1111 Albany Highway, St James WA 6102

Sold price: $1,175,000
Sold
Sold: 05 Jul 2024

3 Bedrooms

1 Bathroom

1 Car

Landsize 1,012m2

House

Contact the agent

Simon Backhouse

0422059036

Mathew Atkins

0401267797

Professionals Cannington


Developers - Size Me UP!!

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.

Property features

  • Garages 1
  • Toilets 1

Cost breakdown

  • Council rates: $2,152 / year
  • Water rates: $1,784 / year

Nearby schools

Santa Clara School Primary Non-government 0.8km
Bentley Primary School Primary Government 1.3km
Al-Hidayah Islamic School Primary Non-government 1.3km
Carson Street School Combined Specialist 1.3km
Millen Primary School Primary Government 1.5km
Wilson Primary School Primary Government 2.0km
St Joseph's School Primary Non-government 2.1km
Canning College Secondary Government 2.2km
St Norbert College Secondary Non-government 2.2km
Cannington Community Education Support Centre Secondary Specialist 2.4km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4713761