(PERFECT FOR DEVELOPERS OR LAND BANKERS)
Situated close by to Westfield Carousel is this prime rectangular 2428sqm block with wide 40.24mt street frontage. Boasting two large 4bed 2bath family size homes on two separate titles generating a holding income of $55,120pa with opportunity for more. With potential for up to 11 x home/villas (STCA) this site is perfect for the builder/developer or astute investor looking to land bank and cash in on the hot rental market. Blocks of this size in Perth so close to a major shopping centre are rare so enquire today about its potential and your options.
THE BLOCK
• Combined total of 2428sqm with two separate titles.
• Rectangular shape with a wide 40.24mt street front.
• Zoned R40 with potential for 11 homes/villas (STCA).
• Services available with no easements on cert title.
• Proposed site plan & development builder available.
THE HOMES
• 17 Arthur Street – 180sqm 5bed 2bath double carport
• Spacious multi living zones with shady rear pergola.
• Currently returns $530 per week on a periodic lease.
• 19 Arthur Street 147sqm 4bed 2bath double garage.
• Side rear access, below ground pool & big workshop.
• Currently returns $530 per week on a periodic lease.
THE LOCATION
• Walking distance to public transport on Albany Hwy.
• Only minutes to Westfield Carousel shopping centre.
• Close to beautiful Hester Park & the Canning River.
• Warehouse outlets and stores right on your doorstep.
• Only 10mins to Vic Park & 20mins to the Perth CBD
Contact DEVON KELLY on 0417 936 277 to discuss your offer today.
This property at 17-19 Arthur Street, Cannington is a nine bedroom, four bathroom house listed for sale by DEVON KELLY at Laurie Kelly Real Estate.
For more information about Cannington, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Cannington profile page.
If you would like to get in touch with DEVON KELLY regarding 17-19 Arthur Street, Cannington, please call 0417 936 277 or contact the agent via email.
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Track propertyWith settlement dating from the 1840s, Cannington didn't experience significant residential development until the post-war years. Rapid growth began in the 1960s with another substantial increase occurring in the 1990s. Part of the City of Canning, Cannington has substantial commercial sectors within its four square kilometre land area.
Cannington is well serviced by a mixture of retail and recreational facilities. Westfield Carousel Shopping Centre is a major fixture of Cannington with everything from extensive retail shops, a gym, pub, restaurants and cinema available here. There are numerous parks for locals to enjoy as well as the Canning River, which bounds the suburb to the south. Local schools include Cannington Primary School and Cannington Community College.