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883 - 885 Canning Highway, Applecross, WA 6153, 20 Bedrooms, 10 Bathrooms, House

Expressions of Interest

883 - 885 Canning Highway, Applecross, WA 6153

20
10
4097m2
HouseListed on Mon Mar 13
luxuryPrice drop

Applecross 20 Bedroom Canning Bridge Land Investment with Holding Income & Development Potential

Salt Property Group is excited to present this world class landholding of 5 titles which are being sold together to create an amalgamation of 4,097sqm.

Furthermore, we have obtained a WAPC subdivision approval for three potential development sites ranging between 1,230sqm and 1,635sqm.

Your next development awaits at 883-885 Canning Hwy, Applecross. Fully developed, the land can accomodate a standalone 10 plus storey mixed-use building (concession available for 15 Storeys STCA) with sensational views from multiple levels.

The features of this site include:

- Located within the Ogilvie Quarter of the Canning Bridge Structure Plan

- Stunning views from multiple levels

- Zoned for 10+ Storeys (concessions available for 15 Storeys STCA)

- Amalgamation totalling 4,097sqm of land

- A total of 9 dwellings across 5 titles - all well presented and easily rentable

- Vehicle access from Wren Street instead of Canning Hwy, providing development benefits

- Short walk to Woolworths & variety of amenities

- Road, rail and future water transport to and from Perth and Fremantle

- 350 meters to the rivers edge

This offering presents an outstanding landbank opportunity with properties that are suitable for redevelopment either individually or a larger amalgamation to create a iconic building which would rival any tower in Canning Bridge! Salt Property Group are proud to present these properties for sale and look forward to showcasing the exciting potential of this opportunity. An analysis on the holding income/cost of this site has been prepared and available upon request.

For a copy of the Information Memorandum along with the WAPC subdivision approval and professional concept plans demonstrating the development potential, please contact the Salt Property Group sales team.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
St Benedict's School
0.75 km
Primary
PP-6
Catholic
icsea: 1137
Applecross Primary School
0.76 km
Primary
K-6
Government
icsea: 1154
St Pius X Catholic School
1.69 km
Primary
PP-6
Catholic
icsea: 1147
Mount Pleasant Primary School
1.71 km
Primary
K-6
Government
icsea: 1144
Manning Primary School
1.75 km
Primary
K-6
Government
icsea: 1123
Ardross Primary School
1.84 km
Primary
K-6
Government
icsea: 1139
Applecross Senior High School
1.95 km
Secondary
7-12
Government
icsea: 1117
Como Primary School
2.42 km
Primary
K-6
Government
icsea: 1141
Como Secondary College
2.56 km
Secondary
7-12
Government
icsea: 1076
Curtin Primary School
2.71 km
Primary
K-6
Government
icsea: 988

Property history

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Applecross surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7/7 Wren Street, Mount Pleasant
0.11 km
3
1
-m2
Year 2024 Month 12 Day 18
-
Council approved
Unit 801/893 Canning Highway, Mount Pleasant
0.11 km
2
2
-m2
Year 2024 Month 10 Day 22
$780,000
Council approved
4 Helm Street, Mount Pleasant
0.11 km
0
0
-m2
Year 2024 Month 08 Day 21
-
Council approved
26/880 Canning Highway, Applecross
0.08 km
3
2
-m2
Year 2024 Month 08 Day 14
$975,000
Council approved
1401/893 Canning Highway, Mount Pleasant
0.11 km
2
2
117m2
Year 2024 Month 07 Day 25
$850,000
Council approved

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Ref:L18132352Last update:2024-08-27 13:21:31