Multi-Level Unit Development Site

$2,150,000

  5 Wren Street MOUNT PLEASANT WA 6153

This is a superb development opportunity. The approx. 1014m2 block with 19.6m frontage is located within the 'Canning Bridge Activity Centre' (a joint City of Melville / City of South Perth initiative) and has a zoning classification of H6. This means a development on the site could be built up to a height of 6 storeys. Consolidation with the lot next door at 3 Wren Street (currently available) to make up 2028 square metres would change the classification to H8 and make 8 floors of unit development possible. The property is one street back from Canning Highway and is a short walk to two major supermarkets (one existing and one currently under construction), medical facilities, frequent bus services to and from Perth and Fremantle, the Canning Bridge Train Station, cafes, restaurants, public bars, hotel, service stations, numerous small businesses and shops, and the junction of the beautiful Canning and Swan Rivers. The 1950s house is double brick, clay tile construction with jarrah floors. It has three bedrooms, and one bathroom with a separate toilet. There is also a separate lounge, kitchen, laundry, and big sunroom/dining room.

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