81 Crawford Street
East Cannington, WA 6107

Overview

81 Crawford Street, East Cannington

This property presents a remarkable opportunity just 11 kilometers from Perth City, featuring a substantial 2023 square meter block with R30 zoning, allowing for the potential development of six street front blocks (subject to council approval). The property includes an original three-bedroom home, which can be retained and rented out while planning for future development.

Surrounded by newly constructed homes, this area is undergoing a significant transformation, making it an ideal investment. The options for development are plentiful, including:

• Demolishing the existing structure to create six approximately 290 square meter blocks.
• Demolishing and clearing the rear to create four approximately 290 square meter blocks while retaining the existing home on its own development potential lot.
• Land banking and developing at a later stage.

With a road at the rear already available for access, this is a rare opportunity to develop the site immediately. The ongoing growth in the area is driven by the new train line, the state football center, and its proximity to Perth City.

The existing home has been well-maintained and can be rented to cover holding costs while planning for future development. The property also has council rates of approximately $1745 per annum and water rates of about $915 per annum.

This information is provided for general purposes only and is based on details provided by the seller. It may be subject to change, and no warranty or representation is made regarding its accuracy. Interested parties should conduct their own independent inquiries.

Location