3,162sqm | R30 | The Opportunity Is in the Land

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

145 Station Street, East Cannington WA 6107

Offers From $2m

Search Band Search Visibility Band

$1.9M - $2.09M Low Confidence Calculated based on limited search observations.

House 5 Beds 2 Baths 3 Cars 3162 m² 108 m²

Listed: 45 days ago

Updated: 16 days ago

Overview

This sizeable property at 145 Station Street, East Cannington, stands out chiefly for its substantial landholding and development potential, making it an exceptional opportunity for developers and investors.

Occupying approximately 3,162 square meters with R30 zoning, the site is primed for an eight-lot subdivision. The availability of a pre-prepared subdivision concept plan streamlines the development process, providing a clear vision of the property's possible transformation.

Currently, a five-bedroom, two-bathroom residence occupies the land, offering a functional living option while plans progress, or for those considering renovation or keeping the existing structure. The property's large footprint also affords space for outdoor activities or future extensions.

Auction sale offers transparency and decisiveness; prospective buyers benefit from seeing real-time bids and outcomes on the day, facilitating clear and timely transaction processes. Conditions stipulate a $50,000 deposit on sale, an unconditional contract, and a 60-day settlement period, underscoring the property's readiness for direct acquisition.

The sizeable block is situated advantageously close to several local amenities, including East Cannington Park under 60 meters away, schools such as Gibbs Street Primary within walking distance, and transport options like Cannington Station approximately 1.4 kilometers away. Proximity to Westfield Carousel shopping center and comprehensive community and medical facilities enhances the locality’s appeal.

Large land parcel with significant subdivision development potential
Existing spacious home suitable for families or interim use
Regulated R30 zoning allowing residential density
Convenient access to parks, schools, transport, and retail
Ideal for developers, investors or buyers seeking a valuable landholding

With extensive land and zoning credentials, this property represents a versatile prospect balancing immediate residential utility with promising redevelopment opportunities.

Local Market Insights

In East Cannington, Quiet Listings observed 50 new houses entering the market over the last 30 days, up from 38 during the previous 30-day period, with an average advertised asking price of $866,798. The property type mix of listed properties is predominantly Houses at 70%, followed by land (8%), and villas (8%). The most active agency for houses in the East Cannington area is currently The Agency, representing 20% of new listings, followed by Ray White with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.