Situated just 300 meters from the lively Riseley Street Precinct, 740 Canning Highway presents a remarkable opportunity for astute developers in the highly desirable riverside suburb of Applecross. This prime location ensures easy access to an array of boutique shops, cafes, bars, restaurants, and artisan establishments, offering a vibrant and convenient lifestyle.
The property at 740 Canning Highway comprises a vacant 1012m² block with an 18.16m frontage and a depth of 55.72m. Zoned R40, this plot opens up a variety of development opportunities. One potential avenue is to subdivide the block into four survey strata lots, which can be sold individually, developed, or retained as investment properties.
With a proposed new zoning of R40/R80 according to the City of Melville Local Planning Scheme No. 6., the development possibilities are significantly enhanced, permitting higher-density projects that can fully exploit the potential of this prime location. Seize this exceptional development opportunity in one of Applecross's most sought-after areas.
For further information or an obligation-free appraisal, contact listing agent Eric Hartanto.
Location Particulars (km):
• 300m Riseley Street Precinct
• 350m Swan River
• 800m Applecross Senior High School
• 1.1km Wireless Hill Reserve
• 1.2km Ardross Street cafe strip
• 1.3km Westfield Booragoon
• 1.4km Applecross Primary School
• 2.2km Point Heathcote Reserve
• 2.2km The Raffles Hotel
• 2.4km South of Perth Yacht Club
• 2.7km Canning Bridge Station
