Reiwa Reiwa
125 Wharf Street, Cannington WA 6107

125 Wharf Street, Cannington WA 6107

Fr $1,600,000


3 Bedrooms

1 Bathroom

1 Car

Landsize 911m2

House

Contact the agent

Tim Chant

0402025005

Mack Hall Real Estate in assoc. with Knight Frank


Development Opportunity

125 Wharf Street, Cannington represents a rare and compelling development opportunity within one of Perth's most actively transforming urban precincts. Positioned inside the City of Canning's designated Strategic Metropolitan Centre, the site is zoned R-AC0 within the Pattie Precinct of the Canning Activity Centre Plan (CACP) - a planning framework purpose-built to accommodate significant medium-to-high density development and attract long-term private investment.
The City of Canning is mid-way through a $76 million, 20-year regeneration program designed to reposition Cannington as Perth's southern CBD. Infrastructure is already being delivered. METRONET's level crossing removal at Wharf Street is progressing, a new Cannington Station precinct with 290 parking bays is under construction, and the award-winning Wharf Street Basin smart park - directly named after this street - has already transformed what was once an inaccessible drainage reserve into a celebrated public amenity. That precedent has direct relevance to this site.
The lot adjoins a Water Corporation drain reserve - an asset that, rather than constraining development, presents strategic design potential. The City of Canning has demonstrated, twice in this precinct, its willingness to partner with Water Corporation to activate drain infrastructure as community amenity. Developments that respond to and engage with the drain reserve are explicitly encouraged by the CACP itself.
At an asking price from $1,600,000, this site offers developers the ability to acquire a position inside a declared growth node - with planning framework, infrastructure investment, and market demand all converging at the same point in time.

Property features

  • Air conditioned  
  • Shed  
  • Garages 1
  • Toilets 2

Cost breakdown

  • Council rates: $1,900 / year
  • Water rates: $1,110 / year

Nearby schools

Cannington Community Education Support Centre Secondary Specialist 0.2km
Cannington Community College Combined Government 0.2km
Sevenoaks Senior College Secondary Government 0.7km
St Joseph's School Primary Non-government 1.0km
St Norbert College Secondary Non-government 1.2km
Gibbs Street Primary School Primary Government 1.8km
Queens Park Primary School Primary Government 1.9km
Wilson Primary School Primary Government 2.3km
Bentley Primary School Primary Government 2.3km
Al-Hidayah Islamic School Primary Non-government 2.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5050829