This property represents an outstanding opportunity to secure a highly versatile asset within a thriving precinct located just five kilometres east of Perth's CBD. It offers both investors and developers the chance to acquire a substantial freehold landholding with existing office improvements and exceptional redevelopment potential.
Benefiting from excellent exposure, city views, and flexible 'R-AC3' Mixed Use zoning, the site accommodates a wide range of future uses and supports development up to six storeys (STCA). This presents a compelling long-term investment and value-add opportunity.
Positioned on the intersection of Canning Highway and Gwenyfred Road, 10 Canning Highway, South Perth, offers exceptional versatility.
Key Investment Highlights:
• Land Area: 1,607 sqm*
• Building Area: 791 sqm* across two levels (exclusive of common areas)
• Approximately 36 on-site car bays
• Zoning: City of South Perth 'R-AC3' Mixed Use - enabling diverse development opportunities (STCA)
• Development Potential: Up to 6 storeys with a 2:1 plot ratio; up to 3:1 possible subject to meeting applicable development criteria (STCA)
• Flexible mixed-use zoning supporting a wide range of future uses
• Dual street frontages providing strong accessibility and exposure
• Proximity to numerous amenities including restaurants, cafés, shopping centres, recreational facilities, educational institutions, hotels, and entertainment precincts
• Outstanding locational benefits fostering a vibrant work-life balance for occupants
• Convenient access to public transport infrastructure
• Adjoining property 2 Canning Hwy available - combine for larger-scale development
*Approximate areas and figures only.
Asking Price: $4,750,000 plus GST
For further information, please contact the exclusive selling agents:
Rocco Demaio - SVN
0411 227 703
Spiro Agapitos - Vita Property
0401 137 764
Rocco Demaio is a highly experienced commercial real estate professional who has worked for leading Australian and international real estate firms for more than two decades. His extensive property marketing expertise and ability to build strong relationships with agency staff, developers, investors and tenants, is reflected in the many successful commercial property transactions he’s been involved with over the years.
Rocco has provided advice and managed sales and leasing transactions for a broad range of commercial properties. A land subdivision specialist, he has also been involved with a number of high profile industrial land subdivision projects in Perth’s south-west metropolitan corridor. These include the Canning Vale Industrial Park, Robb Jetty Industrial Estate in Hamilton Hill, Bibra Lake Industrial Park, The Australian Marine Complex in Henderson, Latitude 32’s Flinders Precinct and the Pinjarra Industrial Estate. Areas of influence include the national logistics focus and building stronger relationships with both national developers and occupiers.
Rocco holds an Advanced Certificate in Business (Real Estate), an Associate Diploma of Business Accounting and a current Triennial Certificate in Western Australia. He is an active member of the Real Estate Institute of Western Australia’s Commercial Network Committee.
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