EXCEPTIONAL DEVELOPMENT & INVESTMENT OPPORTUNITY IN THE HEART OF APPLECROSS
Zoned R-AC0 - Centre C2 | Canning Bridge Activity Centre
* EXPRESSIONS OF INTEREST *
Ace Realty is excited to offer this remarkable opportunity For Sale by Expressions of Interest, with all offers to be submitted by Thursday, 28 August 2025 at 4.00pm (AWST) (unless sold prior).
Positioned in one of Perth's most prestigious suburbs, this superbly located property offers a rare and strategic opportunity for developers, investors, or discerning owner-occupiers. Situated within the highly sought-after Canning Bridge Activity Centre (R-AC0 zoning), the site presents outstanding potential for multi-storey, mixed-use or residential development (STCA) - with the possibility of river and city views. Alternatively, land bank for future capital growth while enjoying the comfort and charm of a character-filled home.
The existing single-level residence is well maintained and perfectly suited for immediate rental income, with potential to add value through thoughtful renovation. It features three spacious bedrooms, a light-filled open-plan kitchen, living and dining area, a double carport, and fully fenced, easy-care gardens - ideal for tenants or those seeking a comfortable base while planning a future development.
Currently leased at $750 per week for the next 11 months, this property presents an ideal investment opportunity.
FEATURES
- Zoned R-AC0; prime for future multi-level, mixed-use or residential development (STCA)
- Wide 16.75m street frontage offering strong design flexibility
- Walk to the Swan River foreshore, Heathcote Cultural Precinct, South of Perth Yacht Club and Applecross Tennis Club
- Just metres from Canning Bridge Station, with direct CBD access
- Easy stroll to Raffles Hotel, local cafes, shops, restaurants, and the Canning Bridge commercial precinct
- Close to top local schools including Applecross Primary School and Applecross Senior High School
- Quiet, tree-lined street in one of Applecross's most tightly held enclaves
A rare gem in a blue-chip location, this property offers a unique blend of lifestyle appeal and long-term potential - ideal for professionals, downsizers, developers or investors. Opportunities like this are few and far between.
Whether you're looking to develop (STCA), renovate, or invest for the future, this exceptional offering ticks every box.
NEARBY
- 330m The Good Grocer
- 370m Canning Beach Road foreshore
- 590m Canning Bridge Station
- 800m Gairloch Reserve
- 1.3km Ardross Street Village
- 710m Applecross Primary School
- 1.8km Riseley Street Precinct
- 2.9km Applecross Senior High School
- 3.4km Westfield Booragoon
AREA (approx.)
Land: 533sqm
Floor: 196sqm
ZONING
R-AC0 - Centre C2 (City of Melville)
BUILT
1954
RATES (approx.)
Council: $2,236 pa
Water: $1,280 pa
For more information, please contact:
Frank Sanchez 0419 367 999
Michael Quirici 0402 085 533
Or email us at [email protected]
Please note that the sellers reserve the right to sell the property at any stage prior to the set date and time of expiry.
DISCLAIMER: While every effort has been made to ensure the accuracy of the information provided, Ace Realty and its representatives make no warranties or guarantees as to its completeness, accuracy, or reliability. All property details, including but not limited to pricing, availability, and features, are subject to change without notice. Prospective buyers are advised to make their own inquiries and conduct inspections to verify the accuracy of the information provided. The details contained herein are for informational purposes only and do not form part of any offer or contract. Ace Realty accepts no liability for any reliance placed on this information by any party.
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