Set on an expansive 3,301sqm block with R30 zoning, this property is a standout opportunity in the heart of East Cannington. Offering significant development potential and a prime location, it's perfect for developers, investors, or buyers seeking space and future growth. The property is strategically positioned with zoning that permits subdivision into six or potentially seven lots, subject to planning approvals from City of Canning / WAPC.
The property is within the City of Canning's Local Planning Scheme No. 42 and aligns with the Town Planning Scheme 21, ensuring clear development guidelines. Key considerations include the ceding of 796.87sqm for public open space and 438sqm for road extensions, resulting in a developable land area of 2,066.13sqm. This zoning allows for six lots, with potential for a seventh under a 5% variation of the average lot size. Buyers are encouraged to consult the City of Canning for full details regarding development contributions, including scheme costs of approximately $6.49 per square meter, which are subject to review.
Further information regarding the potential development of this site is available at request and contained within the information pack.
The existing home features two spacious bedrooms, a bathroom with a separate WC, a large family room, and an open-plan kitchen and dining area. Additional spaces include a games room, front and rear patios, and a separate laundry, offering functionality and charm for those looking to renovate or redevelop.
Auction Details:
? Location: On Site,
? Date: 1st February 2025
? Time: 11.30am sharp
? $50,000 deposit at the fall of the hammer (EFT or bank cheque accepted)
? Unconditional buyers only (no subject-to-finance bidding)
? Settlement options: 30, 45, or 60 days from auction day
? Sold on an "as is" basis
Don't miss this unique opportunity to secure a property with exceptional potential. For more information, including an information pack with related documents including the Title, Auction Contract, Rental Appraisal and Written Planning Advice from City of Canning please contact Cameron Smart at 0411 598 969 or send an enquiry today.
Conveniently located near schools, parks, shopping centres, and major transport links, this property offers accessibility and future potential. Notable nearby amenities include:
? East Cannington Reserve directly across the street
? Westfield Carousel (2 km)
? Curtin University (6.8 km)
? Perth Airport (9.5 km)
? Perth CBD (16.5 km)
Disclaimer: Ray White Cannington has used its best endeavors to ensure the accuracy of the information provided but accepts no responsibility for any errors, omissions, or inaccuracies. Prospective buyers should verify all information with the relevant authorities.