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Maximised Development Freedom with Great Investment Value
A highly spacious plot of land that situates itself right in the heart of the greatly valued, rapidly developing yet highly strategic East Cannington suburbs, with double road access via Russel Street and Gerard Street, provides for an excellent investment piece. An offer truly to be worth considering over.
Thinking of buying an Investment Property?
A starting point for people wanting to reside in such a suburb is its situation where its short note being VERY STRATEGIC.
For instance, its short distance situation to nearby cafés and restaurants, reputable primary and high schools, public transport, and is only minutes away to Westfield Carousel - WA's largest shopping centre in Perth. Smaller shopping precincts are also scattered amongst the suburbs contributing to a vibrant and thriving City.
For parks, the property is girted by it; with the trio, Maniana Park and Groundlark Park being within walking distance whilst the highly facilitated Mills Park is only a short drive to reach. And within a similar short driving distance, there is also Cannington’s Leisureplex, easily accessible via Gerard Street.
Not to mention of the upcoming State Football Centre, currently under construction but still easily accessible through the nearby Gibbs Street further improving the value of the land and its area.
In addition, there is great accessibility provided. With easy access to the Perth CBD via the nearby Welshpool Road that leads into Albany Highway or direct train route through the Cannington Train Station; likewise, both would only need short drives to reach. And through either the nearby Leach Highway or Kewdale Road, yields access to Perth Airport.
Incredible Lifestyle Lots
With a high potential to subdivide to a number of lots, these mostly levelled, lifestyle-sized lots are sure to impress, and will be in extremely in high demand. Featuring 2 wide frontages and mature trees planted along the main street.
With 1965 sqm of land on R30 Zoning block means: There is a range of options with the opportunity to be subdivided into 2, 3, 4, 5 or 6 lots.
Join the many developers on taking on such an endeavour and be the ones to further develop such a greatly valued neighbourhood to make it even greater!
Included Features:
- Green Title Block
- R30 Zoning
- Plot Size: 1965 SQM
- Double Road Access via Russel Street and Gerard Street
- Double 20.12m Frontages
- Depth: 97.77m
- Solid house with 3 bedrooms, 1 bathroom, multiple living areas
To arrange your onsite inspection, please contact the award-winning real estate agent, Stratton Realty 0480 257 201, today and if you would like to discuss the opportunity to subdivide, design and build - call our business partner Astrid Vasile 0418 886 418 the Award Winning Builder who build hundreds of house around the City of Canning.
Property features
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Land frontage
20.12
Property snapshot by reiwa.com
This property at 124 Gerard Street, East Cannington is a three bedroom, one bathroom house sold by Lian Nurliansyah at Stratton Realty on 19 Apr 2023.
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.
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
$725k
Median
$580k
Low end
$508k
This listing
18.4 %
Annual growth
$580k
Annual median sales price
$642pw
Annual median rental price
