42 Derisleigh Street, Cannington WA 6107
from $350,000
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Landsize 364m2
Land
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Developers Wanted! - Prime Development Opportunity. Presented by The Mitchell Family Team
Land Size: 364 sqm
Price: From $299,000
*This site is only available to developers who want to build multi-storey apartments. Due to council regulations you cannot build a single dwelling*
Also available are 44 and 46 Derisleigh Street. Combined that is a whopping 1032sqm. Can you believe this much land so close to the city and all the amenities. Buy now, build your APARTMENTS and sit back and watch the money roll in!!
The land is under the Queens Park Local Structure Plan which requires multiple dwellings on these blocks with a minimum height restriction of 6m. This makes these blocks truly are a developer’s dream and perfectly suited for apartments. The great news is you can't build a family home here - just apartments - so there are more potential buyers for your units once you build them.
This is a rare opportunity to unlock the potential of three prime development blocks in a highly sought-after location. Being only 10km from the city, as well as walking distance from Queens Park train station and shopping amenities it’s easy to see how apartments situated here would sell like hotcakes!
Don't miss out on this exceptional opportunity!
Webbook: https://www.rea-webbooks.com.au/Choice-Realty/364m2-Derisleigh-Street-development-opportunity
Please refer to the city of Canning’s Queens Park Structure Plan before contacting us on 0417 184 288 to learn more about the huge potential of these properties.
* Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
Property features
Listing snapshot by reiwa.com
This land listing located in Cannington has been listed for sale by Mitchell Family Team at Choice Realty WA.
If you would like to get in touch with Mitchell Family Team regarding this listing, please call 0417 184 288 or contact the agent via email.
Cost breakdown
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Council rates: $1,623 / year
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Cannington overview
With 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.
Life in Cannington
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.
Cannington quick stats
High end
$635k
Median
$575k
Low end
$485k
27.8 %
Annual growth
$575k
Annual median sales price
$637pw
Annual median rental price
