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PRIME 812SQM RIVERSIDE PRECINCT DEVELOPMENT SITE ZONED R-ACO (R60)
(EOI BY 28/9 - UNLESS SOLD PRIOR)
Extremely rare high density R60 development site situated nearly opposite Westfield Carousel with a bonus one owner double brick & tile character home. Set within the Riverside Residential Precinct the development opportunities are endless with residential group dwellings and multiple dwellings allowed plus extra commercial options available all (STCA). Perfect for the professional developer or land banker looking for a high return opportunity in this booming major shopping centre location.
KEY FEATURES INCLUDE
HOME
- One owner double brick & tile 3bed character home built in 1961.
- Generous brick free standing games / rumpus room at the rear.
- To be sold in AS IS condition with vacant possession at settlement.
BLOCK
- Generous 812sqm dev block with a wide 20.18mt street frontage.
- Located in the Riverside Residential Precinct zoned, R-ACO (R60).
- Nice level site with front sewer point, and a north-east orientation.
POTENTIAL
- Develop into a group dwelling subdivision of up to 5 individual lots.
- Develop into a big multiple dwelling 3-5 storey apartment complex.
- Ground floor options include office, medical centre, liquor store,
- shop, small bar, restaurant, consulting rooms, and family day care.
- Develop between 6-18 residential apartments 1 bed, 2bed & 3bed.
- Development potential is subject to council and state body approval.
This prime hot spot located less than 10/20 minutes away from Vic Park Strip, Perth Airport, Crown Casino, Perth Stadium, Perth CBD offers easy access to major transport arteries. With the latest federal budget supporting new home investor sales for negative gearing the time is right to make your development move. Our in-house planning, design and construction team is available right now to bring your new development to life while you sit back and enjoy this a high return opportunity.
To express your interest in this outstanding opportunity, contact exclusive agent DEVON KELLY SMS 0417 936 277 to receive your offer pack.
Disclaimer: We have in preparing this document, used our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. License: RA86377
Property features
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Garages
1
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Carports
1
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Floor area
166m2
Property snapshot by reiwa.com
This property at 7 Bradford Street, Cannington is a three bedroom, one bathroom house listed for sale by DEVON KELLY and Cooper Winter 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 or Cooper Winter regarding 7 Bradford Street, Cannington, please call DEVON on 0417 936 277 or call Cooper on 0420 567 025, or contact the agent via email.
Cost breakdown
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Council rates: $1,950 / year
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Water rates: $864 / year
Nearby schools
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
$900k
Median
$803k
Low end
$755k
27.0 %
Annual growth
$803k
Annual median sales price
$750pw
Annual median rental price
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