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Overview
This property at 162 Lockhart Street, Como, offers a unique and substantial development opportunity anchored by its prized location within Perth's rapidly evolving Canning Bridge Precinct. Sitting on a generous 1,012 square meter landholding, the site currently supports a modest single-storey house featuring two bedrooms and one bathroom, presenting a foundation that balances comfortable living with significant potential for transformation.
Developers and investors will find the zoning flexibility appealing, with permissions for multi-dwelling developments reaching heights of 6 to 8 storeys subject to council approval (STCA). This flexibility provides options ranging from immediate redevelopment to renovation, or even simply holding the land as a strategic asset in a sought-after corridor undergoing considerable urban growth.
The property's accessibility is another key advantage, situated close to vital transport links ensuring seamless connectivity to Perth's CBD by car, train, and bus. Additionally, educational institutions such as Wesley College, Penrhos College, and Curtin University are within easy reach, enhancing appeal for families and professionals alike.
Everyday amenities and a vibrant lifestyle are supported by nearby precincts including Preston Street Oma, Manning Hub, and shopping hubs such as Waterford Plaza along with the commercial and dining streets of South Perth and Applecross. This ensures residents have plentiful options for shopping, dining, and recreation without venturing far.
Whether held as a redevelopment project, a capital growth investment, or transformed into a contemporary family home through renovation, the property's scale and strategic setting offer a compelling proposition for discerning buyers eyeing long-term growth and lifestyle benefits in Perth's prestigious inner south region.
Local Market Insights
In Como, Quiet Listings observed 58 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $1,857,776. The property type mix of listed properties is predominantly Houses at 56%, followed by townhouses (13%), and villas (11%). The most active agency for houses in the Como area is currently Bourkes, representing 71% 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
Market Insights for Como WA 6152
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