2226sqm of Prime Development Land this close to infrastructure and amenity represents land banking at its best. Offering the BONUS of a solid and spectacularly sized original Character home, investing and developing with an abundance of options is what you will get when you secure 119 Station Street, East Cannington. Zoned R30 under Town Planning Scheme No.21, the opportunity to create up to 6 individual lots or other subdivision options Subject to Council Approval (STCA) and Western Australian Planning Commission (WAPC) Approval awaits the savvy investor.
A quality home of impressive proportions is a rare find and some may say it may simply be too good to let go as you decide on the best way to maximise your development approach. The original bricks and mortar also represents an ideal family home/investment alternative for those that may wish to build and develop in their own backyard at some point in the future.
A selection of investment opportunities with 119 Station Street, East Cannington include:
- Retain the existing home, subdivide and build on the back to maximise existing home and land value
- Demolish the existing home and create up to 6 lots STCA and WAPC Approval to be sold or built on
- Live in, renovate, subdivide, retain or build when it is the right time for your investment needs
- Utilise the existing home for holding rental income whilst waiting for development approvals
Location Highlights Include:
-
Approx 1km to both Cannington and Beckenham Train Stations
- Approx 2km to Mills Park Sports Complex
- Approx 1.5km to Albany Highway and not to further to ROE Highway
- Ever so close to Westfield Carousel Shopping Precinct
- Minutes to a variety of Colleges, local park and essential services
- Easy access to Perth Airport and Perth CBD
- Well positioned to access Welshpool Industrial Area and Canning Vale Industrial Area
