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Excellent Development Opportunity!
123,129,135,141 LAKE STREET, CANNINGTON
It’s a pleasure to present you the opportunity to acquire this high-profile development site.
This development land is ideally located in the centre of Cannington with flexible development potential including mixed-use residential, office, retail, and commercial uses (STCA).
Property highlights:-
-Block size 16,612sqm (approx.)
-This property is ‘Centre’ zoning and required a Local Structure Plan under the City’s Local Planning Scheme No. 42.
Located in the prime location within walking distance of Cannington Train Station and Carousel Shopping Centre. Close to Curtin University, local primary schools, a bus station, and Cannington Leisureplex. Easy access to Albany Highway and Roe Highway. Approximately 12kms to Perth CBD.
For more information or appraisal please call the listing agent Jenny on 0450229089
Listing snapshot by reiwa.com
This land listing located in Cannington has been listed for sale by Jenny Tan at Aurange Realty.
If you would like to get in touch with Jenny Tan regarding this listing, please call 0450 229 089 or contact the agent via email.
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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
$566k
Median
$466k
Low end
$435k
This listing
6.9 %
Annual growth
$466k
Annual median sales price
$625pw
Annual median rental price
