883 - 885 Canning Highway, Applecross, WA 6153

883 - 885 Canning Highway, Applecross, WA 6153 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.