169 Sevenoaks Street Cannington, WA 6107

*** Sold under the hammer with 5 registered bidders.

Mixed Use Freehold Potential in the heart of a burgeoning Cannington
With the potential for future development of up to six mixed-use storeys (subject to council approval), 169 Sevenoaks Street, Cannington boasts a great location, exceptional foundations and a freehold opportunity in one of the fastest growing property hotspots of Western Australia.

Features include:

• 1140sqm block zoned R60-160 railway centre precint (flat block)
• Mixed use commercial/residential
• Exceptionally close to both St Joseph's School and St Norbert College
• 200 metres from Hambley IGA
• Across the road from the Queens Park train station
• 2.2kms from Westfield Carousel Shopping Centre
• 600 metres from the Cannington Leisureplex and recently redeveloped Cannington Library
• Approx 10km to Perth CBD
• Frontage to the recently upgraded Sevenoaks Street

Located across the road from Queens Park train station and a short walk to many of Cannington's most popular amenities, this 1140 sqm block will find ease in attracting both commercial and residential tenants or pruchasers. At just a seven minute walk to the Cannington Leisureplex and recently redeveloped Cannington Library (part of the acclaimed Canning Libraries group), and approx 10 kilometres from Perth CBD, there is real value to the location and location-appeal of this land.

Cannington itself has received a great deal of government and private investment in recent years, consistently beating the Perth Metro average growth rate for more than a decade*. Now a high-density residential area in its own right, the Cannington B2C business sector continues to grow alongside the consistently strong industrial B2B sector to the East. With the recent redevelopment of Westfield Carousel, only 2.2km from the block - currently undergoing a $350 million upgrade, the renovated Carousel will now be the largest in Western Australia and is due to reach project completion towards the end of this month (August).

The block was previously approved in late 2013 for development of a 2 storey mixed-use apartment.

*Terms of the Auction*

Auction on Saturday 15th September 2018 @ 12pm
Settlement will be 30 or 45 days settlement (at buyers discretion)
$30,000 deposit is required at the fall of the hammer via bank transfer or cheque

Contact Charlie Bellow to receive a copy of the Geo tech report, previous plans drawn for the property, Auction Contact and title particulars.