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510 Canning Highway, Attadale WA 6156

PRICE ON APPLICATION

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$1.3M - $1.4M Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 3 Cars 850 m²

Listed: yesterday

Overview

This property presents an exceptional investment and development opportunity in the highly sought-after suburb of Attadale. Featuring a 3-bedroom home currently leased until March 2027 at $600 per week, the property serves as an immediate income generator while offering long-term value through land banking and potential subdivision.

The rare development potential stems from its location within the Canning Highway Public Transport Corridor, allowing for construction up to three storeys and offering prospects for city views. The generous 850sqm block, with a substantial frontage of 21.32 metres, is zoned R30/40, accommodating increased density and enabling versatile redevelopment options consistent with local planning regulations.

The existing home, while modest, includes spacious living spaces and a large sunroom, supporting a comfortable lifestyle or rental convenience. The provision of a single carport alongside a double tandem parking garage enhances parking capacity, a notable asset in an area with strong development interest.

Investors, developers, and astute buyers will appreciate the flexibility this site offers—whether to lease the residence while planning future subdivision or to embark on development immediately, capitalizing on the zoning and location benefits.

Local Market Insights

In Attadale, Quiet Listings observed 20 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $1,322,750. The property type mix of listed properties is predominantly Houses at 71%, followed by villas (12%), and units (6%). The most active agency for houses in the Attadale area is currently Haiven Property, representing 30% of new listings, followed by Yard Property with 20%. 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.