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Prime 858sqm Development Site with River Views and Bonus 3 Bedroom Home
With significant development sites becoming increasingly rare in this desirable riverside suburb, this prime 858sqm block provides the perfect opportunity to secure a premium site with potential for 6 - 8 storey development under the Canning Bridge Activity Centre plan. With easy and safe cul-de-sac access from Lockhart Street, and a solid 3 bedroom home providing rental income until you are ready to develop.
The substantial brick and tile home is surrounded by abundant land area, in a private setting amongst established citrus trees, and is privately secured by boundary walls with gated access, making the most of the extensive land area, and providing huge potential for families with children and pets to add their own style to create a wonderful family home, while the double garage with drive-through access to a large workshop will appeal to tradies, or those requiring plenty of storage space.
Whether you are an investor looking for an exceptional 'land bank' opportunity, a developer seeking a premium site in a prime riverside area, or an owner-occupier looking for a home on a large block, with a significant landholding with development zoning underpinning an investment in your family's future, then this should be top of your 'must see' list.
- 858sqm corner site, located in the Davilak Quarter of the Canning Bridge Activity Centre
- 31.16m frontage to Lockhart St, 25.84m frontage to Manning Road
- Safe and easy access from a cul-de-sac in Lockhart St (nearest cross street: Wooltana St)
- Zoned for 6 - 8 storey development, with superb river views, with a range of development options
- Approximately 850m to the Canning Bridge Train Station, and just 7km from Perth CBD
- Solid brick and tile home, perfect to live in or rent out until you are ready to develop
- Large double garage, additional huge workshop/storage area
- Currently leased until January 2025 to great tenants at $600 per week
Homes on large blocks, particularly those with development potential are becoming increasingly rare, and our last few similar listings have sold within days of hitting the market. Be sure to be amongst the first to view this weekend to avoid missing out.
All offers are invited by 4pm on Tuesday 24th September 2024. Offers will be conveyed to the seller as received, with a response from the seller on or before the end of the campaign.
A detailed Information Pack, including development information, comparable sales list, and the Contract of Sale are available via email upon request.
THE DETAILS:
Local Authority: City of South Perth
Council Rates: $2,362.91 approx.
Water Rates: $1,222.20 approx.
Lease: $600 per week until 7/1/2025
All Offers Invited by 4:00pm (AWST) on Tuesday 24th September
View: 11 - 11:30am Saturdays, or Wednesdays by appointment
More Info: Information Pack available upon request
Contact: Nik Jones 0417913966
(NOTE: Images of the home and grounds are from previous leasing campaigns, and are for illustration/reference purposes only. The Property is being sold on an 'as-is, where-is' basis, and potential buyers are encouraged to make their own enquiries to relevant authorities in regard to the development potential of the Property)
Property features
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Garages
2
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Toilets
1
Property snapshot by reiwa.com
This property at 26 Manning Road, Como is a three bedroom, one bathroom house sold by Nik Jones at Jones Ballard on 01 Oct 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Como or see other recently sold properties in Como.
Cost breakdown
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Council rates: $2,362 / year
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Water rates: $1,222 / year
Nearby schools
Como overview
Como is an established suburb bound to the west by the Canning and Swan Rivers. Part of the City of South Perth's municipality, Como experienced its most significant development during the 1950s and 1960s, with gradual growth since the early 1990s as new dwellings were added to the area.
Life in Como
Parks and reserves are a dominant aspect of the Como landscape, such as one of Como's most notable features the international standard 27 hole Collier Park Golf Course. The Como Hotel is a popular bar, café and restaurant in the suburb and a recognisable fixture of Canning Highway. There are also some shops in the area to service local requirements, as well as four local schools, including Penrhos College.
Como quick stats
High end
$1.7m
Median
$1.3m
Low end
$1.1m
26.0 %
Annual growth
$1.3m
Annual median sales price
$750pw
Annual median rental price
