PROPERTY DESCRIPTION
Looking for an exciting investment opportunity in one of Western Australia’s most thriving suburbs? Look no further than this commercial property located in Cannington, just 10km from the Perth CBD. With a MASSIVE 6,540m2 block, including a thriving business and huge car park, this property has everything you need to create your dream development.
The railway precinct under the Queens Park Local Structure Plan, updated in June 2022, makes this property an even more attractive investment. With zoning options ranging from R60 to R160, the possibilities for development are endless. Imagine creating a sleek, modern apartment complex that will cater to the needs of the growing population in the area. With such a prime location, it’s easy to see why this property is such a fantastic development site.
But the location isn’t the only selling point of this commercial property. It’s also conveniently located directly opposite the soon to be upgraded Queens Park Train Station, making it easy for residents to travel to and from Perth City and beyond. And with Cannington’s popularity continuing to grow, it’s the perfect time to invest in the area.
If you’re looking to invest in an established business, then you’ll be pleased to know that this property also presents an opportunity to purchase an active business. Imagine owning your own business in the heart of Cannington, with all the amenities you need right on your doorstep.
In addition to the shop building and car park, there are also three adjoining blocks available for purchase. These blocks are zoned R40 to R80, adding even more potential to this fantastic investment opportunity.
But the potential for this property doesn’t end there. With the nearby Canning River Regional Park and Westfield Carousel shopping centre, there’s plenty to see and do in the area. It is not often an opportunity to own such as versatile slice of real estate presents itself less than 10km from a major capital city.
WHAT WE LOVE:
– 6,540m2 land including shop building and carpark
– Floorplan Approx 2030m2
– Railway precinct under Queens Park Local Structure Plan June 2022
– Zoned R60-R160
– Opposite train station
– 10km from Perth CBD
– Opportunity to purchase active business
– 3 adjoining blocks zoned R40-R80 available as well!
WHAT’S NEARBY:
– 8 Schools < 4km
– Queens Park Train Station < Over the road!
– Westfield Carousel Shopping Centre < 1.6km
– Cannington Leisureplex < 950m
– Bentley Health Service < 1.4km
– Perth CBD < 10km
– Perth Airport < 11km
For further details, or to arrange an inspection, contact your RE/MAX and REIWA award-winning team, Alex B Mitchell on 0417 184 288 or Blake Mitchell on 0452 258 642.
Outgoings:
Council: $36,516 p.a.
Water: $8,408 p.a.
* Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
