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Lot 1/7 Lloyd Street, Cannington WA 6107

Offers

Search Band Search Visibility Band

$600k - $650k Medium Confidence Calculated based on our search observations.

Land 359 m²

Listed: 4 days ago

Updated: 19 hours ago

Overview

This offering presents a rare chance to acquire one of three generous green-titled blocks located in a private cul-de-sac within a rapidly growing and well-connected area of Perth. The flat, level land spans approximately 359 square meters and provides exceptional flexibility for a range of development opportunities, subject to council approval.

Zoned R30/60, the site holds significant potential for creating multiple dwellings: it can accommodate either three single or double-storey detached homes or 2-3 double-storey units or townhouses. This versatility makes it ideal for a range of buyers including investors seeking rental properties, developers aiming for high-density projects, or owner-occupiers desiring a custom-built home in a convenient location.

Quiet cul-de-sac setting offering privacy and reduced traffic.
Close proximity to major shopping, educational, and recreational amenities such as Westfield Carousel, Sevenoaks Senior College, and Queens Park Train Station, facilitating convenient access to the Perth CBD and airport.
Nearby quality schools, including St Norbert College and Cannington Community College, enhance the area's appeal for families and developers targeting rental demand.
The land's green title status and flat contour simplify the building process and provide security of ownership.

Given the increasing scarcity of such centrally positioned development blocks, this property offers a strategic opportunity to build and expand property portfolios or create tailored residential options in a sought-after Perth suburb.

Local Market Insights

In Cannington, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $1,343,800. The property type mix of listed properties is predominantly Houses at 61%, followed by villas (14%), and land (10%). The most active agency for land in the Cannington area is currently WestCoast Property Sales - Safety Bay, representing 40% of new listings, followed by Minic Property Group with 40%. 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.