13-21 Jane Road, Applecross WA 6153
$6M
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15 Bedrooms
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8 Bathrooms
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5 Cars
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Landsize 2,016m2
Unit
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DEVELOPMENT POTENTIAL ON THE CORNER OF CANNING HWY
ATTN INVESTORS AND DEVELOPERS - Be quick to snap up this rare corner site within the Canning Bridge Precinct Activity Centre. Blocks of this size within this higher density zoning are unique and sought after. There are only 5 villas on the site, making it an easier development prospect and acquisition.
Key features:
2016sqm site on the corner of Canning Hwy and Jane Rd Applecross
Canning Bridge Activity Centre Plan, mixed-use developments up to 10 storeys with potential for a 5 storey bonus (subject to Council approval)
Ideal for developers or investors seeking opportunities in residential and commercial spaces
5 free standing villas, 3 with 3 bedrooms and 2 bathrooms and 2 with 3 bedrooms and 1 bathroom
Potential rental income for all 5 units estimated at $169,000 per annum ($650 per week as an average)
Excellent position close to the river, transport links, local shopping, cafes and restaurants
Council Rates: $8707.10 P/A (for all 5 units)
Water Rates: $5923.10 P/A (for all 5 units)
Strata Levies: $5500 (for all 5 units - includes Strata Insurance, lawn mowing and common area water usage)
Link to the Canning Bridge Activity Centre plan - https://www.melvillecity.com.au/our-city/publications-and-forms/urban-planning/canning-bridge-activity-centre-plan-february-2016
Disclaimer: All development options are subject to WAPC and City of Melville approval. Buyers are informed to conduct due diligence before proceeding.
Property features
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Garages
5
Property snapshot by reiwa.com
This property at 13-21 Jane Road, Applecross is a fifteen bedroom, eight bathroom unit listed for sale by Kalindi Monie and Colleen Gandini at Colleen Gandini Residential.
For more information about Applecross, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Applecross profile page.
If you would like to get in touch with Kalindi Monie or Colleen Gandini regarding 13-21 Jane Road, Applecross, please call Kalindi on 0404 127 354 or call Colleen on 0421 842 954, or contact the agent via email.
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Applecross overview
Applecross is an affluent riverside suburb of Perth bound by the Canning Highway and Swan River. Part of the City of Melville's municipality, Applecross is a predominantly residential area with commercial activity along Canning Highway.
Life in Applecross
Home to numerous parks and reserves, Applecross is in the enviable position of being close to urban environments while still retaining its suburban charm. Some major features are the South of Perth Yacht Club, the Raffles Hotel, Restaurant and Lounge Bar and the Canning Highway commercial area, which provides residents with numerous restaurants and amenities to explore and enjoy. Also of note are Waylen Bay, Canning Bridge, the Challenger Institute of Technology and the Heathcote Cultural Precinct.
Applecross quick stats
High end
$3.2m
Median
$2.5m
Low end
$1.8m
27.7 %
Annual growth
$2.5m
Annual median sales price
$1,125pw
Annual median rental price
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