57 Mills Street, CANNINGTON WA 6107
$2,000,000 plus GST (under offer)
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- 16 Nov 2016
Raine & Horne Commercial are delighted to present 57 Mills Street, Cannington (Cnr of Channon Street) to the market for sale.
57 Mills Street, Cannington is a vacant parcel of 3,423sqm of land. The site will appeal to residential developers given no demolition costs, growth location and expanding villa & apartment housing market.
With exceptional links to Albany, Leach, Roe & Tonkin Highways plus Orrong Road, as well as the Queens Park Train Station being close by this location is could easily be described as a very unique land holding in a rapidly developing area.
This property will certainly appeal to residential developers given the local amenity within such close proximity.
Land: 3,423 sqm
Zoning: R30/R60* (*forms part of City of Canning's new 'Queens Park Local Structure Plan' this is approved by Council pending ratification from WAPC).
Development: DA approved (2008 now lapsed) for 11 villas to be developed. Preliminary Planning Advice (2015) for 38 Apartments.
Buyers: Are to conduct their own due diligence on the site. City of Canning Phone: 1300 422 664
Method of Sale: For Sale: $2,000,000 plus GST.
For further information please contact the sales agent.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
57 Mills Street CANNINGTON