17 Luyer AvenueEast Cannington WA 6107
Property Details for 17 Luyer Ave, East Cannington
17 Luyer Ave, East Cannington is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 4299m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in August 2011.
Last Listing description (August 2023)
Introducing a phenomenal investment opportunity at 17 Luyer Avenue, East Cannington. This property boasts a substantial 4298 square meters of prime real estate, presenting a unique chance for investors to capitalise on the potential for growth and development in the heart of East Cannington.
The expansive lot allows for the possibility of subdividing into five generously sized vacant lots, while retaining the 4 bedroom home (currently leased at $650 per week) as well as having a duplex potential lot at the rear to subdivide at the bank once the road comes through, making this property an ideal choice for those looking to for a property they can land bank, subdivide and generate a residual income.
The land:
- A Class Site
- Development approval for 6 lot subdivision (one of the lots with a quality 4 bedroom home)
- Further future subdivision potential of 2 more street front lots at the rear
The home
- Boutique built home circa 2011
- 4 Generously sized bedroom, master bedroom is complete with a modern ensuite and walk in robe
- Spacious theatre room with recessed ceilings
- Massive Kitchen, Living & Dining overlooking the alfresco area
- Alfresco area under the main roof
- Ducted Reverse cycle air conditioning
- Tiled in the living areas
- Quality fixtures and fittings throughout
- 31 Course ceilings in the Living areas
- Low maintenance gardens complete with Astro turf, easy care plants and stone finished front yard
- Double garage with extra storage space
Centrally located being 3.3kms from Perth's largest shopping center Westfield carousel, 2.5km from Cannington train station & approx. 650m from the new football stadium in Queens Park.
You are also in easy access to most of Perth having major arterial roads nearby including Leach Highway, Orrong Road and Roe Highway.
If you are looking to land bank or subdivide in an established suburb with a growing demand and new infrastructure at your doorstep this one should be at the top of your list!
Opportunities of this size rarely come up within such a close proximity to the city with such good development approval, Contact Charlie for more information on 0423 838 277
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property History for 17 Luyer Ave, East Cannington, WA 6107
- 25 May 2023Listed for Sale Offers
- 04 Feb 2022Listed for Rent $570 / week
- 05 Aug 2011Sold for $340,000
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About East Cannington 6107
The size of East Cannington is approximately 2.8 square kilometres. It has 15 parks covering nearly 11.2% of total area. The population of East Cannington in 2011 was 4,300 people. By 2016 the population was 5,446 showing a population growth of 26.7% in the area during that time. The predominant age group in East Cannington is 20-29 years. Households in East Cannington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Cannington work in a trades occupation. In 2011, 65% of the homes in East Cannington were owner-occupied compared with 62.4% in 2016.
East Cannington has 3,105 properties. Over the last 5 years, Houses in East Cannington have seen a 82.06% increase in median value, while Units have seen a 55.03% increase. As at 31 July 2024:
- The median value for Houses in East Cannington is $717,383 while the median value for Units is $487,219.
- Houses have a median rent of $650 while Units have a median rent of $550.
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