126-130 Mallard Way, Cannington, WA 6107
Private Mortgagee In Possession "MUST BE SOLD"
Prime location right opposite the Cannington Train Station, this parcel of 3 lot totals 1794sqm and is Zoned Centre City of Canning which allows high density residential development.
This area is about to have a major makeover see youtube link below.
Currently used as a Builders yard with limited improvements however vacant possession will be granted on settlement.
City of Canning Zoning
Lots 53 and 54 are Zoned Frame Railway Precinct R40/R80
Lots 100 and 101 are Zoned Core Railway Precinct R60/R160
Given R80 density, sites can be developed up to a plot ratio of 1.0 and R160 sites can be developed up to a plot ratio of 2.0. Summing the plot ratios of all the sites together allows for a development with a living/letting area up to 3039m2. This could potentially yield 38 Units. As this property is within the R160 Zones, the Council may consider variations of the plot ratio.
What a site, what a location, what an opportunity, as this property must be sold and you can secure a Blue Chip Development Site in the heart of all the action in an exciting Development corridor.