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842 Canning Highway, Applecross WA 6153

Sold price: $2,200,000 Sold: 22 May 2024
Sold
  • 9 Bedrooms
  • 3 Bathrooms
  • Landsize 1,503m2
House
842 Canning Highway, Applecross WA 6153

Versatile Development Opportunity - 1503sqm Prime Land

Unlock the full potential of 842 Canning Hwy, Applecross - a rare 1503sqm parcel of prime land offering a multitude of development options. This versatile property, located just 9km from the CBD, is nestled within the coveted catchment zones of Applecross Senior High School, making it an even more enticing prospect for families and developers alike,

Inviting developers and visionaries to explore the following possibilities:

1. Multi-Unit Development: For those with grand visions, consider knocking down existing structures and subdividing for a larger-scale development. Explore the potential for the following possibilities tailoring the project to your specifications*.

a) 12 units or
b) 5-6 houses or
c) 4 apartments + 4 survey strata houses

2, Subdivide Land for Sale: Unlock the investment potential by subdividing the rear block for sale while keeping the existing house or subdivide the entire block into 5-6 survey strata/green title blocks for sale*. A fantastic opportunity to capitalize on the prime location.

3. Renovate and Revitalize: Embrace the character of the existing single storey at the front and double storey at the rear residence, while breathing new life into it. Renovate to create a stunning home with expansive grounds, offering a unique living experience.

4. Dual Residency Potential: Keep the current house and explore the potential of building. another dwelling on the vast land*. Ideal for those seeking a multi-generational living setup or additional rental income.

(*Subject to WAPC local zoning regulations and approvals.)

Property sold as is conditions.

Key Features:
Land Size: 1503sqm (approx.)
Zoning: R40/60
Frontage: 19.7m

Proximity:
- Just 9km from the CBD
- Canning Bridge Train Station 1.5km
- Applecross Senior High School 2.2 km
- Applecross Primary School 900m
- Woolworths 90m
- Applecross Jetty 1.6km

Additional Details:
Council Rates: $2,742.49 per annum (approx.)
Water Rates: $1,086.3 per annum (approx.)

Seize this rare opportunity to shape the future of 842 Canning Hwy. For more information or to discuss your development plans, contact Jacky Wu at 0432 240 119 or [email protected] .

Property features

Property snapshot by reiwa.com

This property at 842 Canning Highway, Applecross is a nine bedroom, three bathroom house sold by All About "U" at ANDO Real Estate on 22 May 2024.

Looking to buy a similar property in the area? View other nine bedroom properties for sale in Applecross or see other recently sold properties in Applecross.

Cost breakdown

  • Council rates: $2,742 / year
  • Water rates: $1,086 / year

Nearby schools

0.4km
St Benedict's School
  • Primary
  • Non-government
0.6km
Applecross Primary School
  • Primary
  • Government
1.5km
Ardross Primary School
  • Primary
  • Government
Disclaimer

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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FAQ's

The median house price in Applecross is $2,490,000, the median unit price is $715,000.

842 Canning Highway, Applecross sold on 22/5/2024 for $2,200,000.
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