Prime Development Opportunity
END DATE SALE: ALL OFFERS PRESENTED BY 4pm on 12th November 2024 (the seller reserves the right to sell prior to the end date without notice).
This property offers a fantastic development opportunity in the heart of Cannington, perfect for savvy investors and developers. Located within the Queens Park Local Structure Plan (Residential Precinct A & B), the centre zoning allows for a wide range of possibilities such as multiple or grouped dwellings, childcare or aged care facilities, educational centres, community hubs, or consulting rooms (subject to WAPC and council approval). It's an ideal chance to capitalize on Perth's growing urban landscape.
The existing 1940s 2-bedroom, 1-bathroom home may not be the highlight, but it offers rental income while you plan your future development. Featuring timber floors, high ceilings, and a cosy layout, it's a solid short-term investment as you prepare for the next phase. Sold as-is, the home is functional and rentable, giving you time to map out your vision for the block.
Features Include:
• Prime development opportunity with multiple possibilities
• Centre Zoning + part of the Queens Park Local Structure Plan (Residential Precinct A & B)
• Various development options, including multiple & grouped dwellings, childcare premises, community purpose buildings, consulting rooms, residential buildings, vet centre, educational establishment, home & business buildings, aged care facilities, and more - (subject to WAPC/Council approval; buyers are advised to conduct their own due diligence)
• Rentable home sold 'AS IS' with RCD & smoke alarm compliance (will need to be demolished for development)
• Bore on property for water supply
• Close to Westfield Carousel Shopping Centre, Bentley Hospital, Cannington Leisureplex & library, eateries, medical facilities, public transport hubs, Queens Park Train Station & multiple schools, including • Curtin University
• Easy access to Victoria Park, the CBD & Perth's airports via major arterial roads
• Strata-titled only, with no active strata body or strata fees
The block itself is the true gem, with plenty of space to develop and ready to serve a fast-growing community. Whether you're thinking multiple dwellings or an expansive single development there's plenty of room to let your vision grow. The surrounding neighbourhood is packed with opportunity and this location is at the heart of it all - minutes from vibrant Westfield Carousel, public transport, local schools, the leisure centre, medical facilities, and for commuters - easy access to major arterial roads.
This is your chance!
For more information on 107 George Way Cannington or for friendly advice on any of your real estate needs please call Randi Macpherson on 0408 559 247.
* Disclaimer: the team at Earnshaws Real Estate has used our best endeavours to ensure the information here is accurate, but prospective purchasers should always make their own enquiries with the relevant authorities to verify the information in this listing. We accept no liability for any errors, omissions or inaccuracies. All boundary lines, measurements and sizes on our images are approximate.
Property Summary
- Type : House
- Land Size : 1384 sqm