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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 43 new houses entering the market over the last 30 days, down from 74 during the previous 30-day period, with an average advertised asking price of $1,017,163. The property type mix of listed properties is predominantly Houses at 66%, followed by apartments (9%), and units (7%). The most active agency for houses in the East Cannington area is currently Stratton Realty, representing 12% of new listings. 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.
Location
East Cannington WA 6107
Market Insights for East Cannington WA 6107
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