Rare 2,064m² Development Opportunity - Potential 6-Lot Subdivision

Why Buy at Auction:
1. Total transparency. You see the bids, the competition and exactly where you stand. No blind offers or hidden negotiations.

2. Decision on the day. No waiting for callbacks. You either secure the property or move on knowing the result.

3. Time to prepare properly. Auction campaigns allow you to complete your due diligence - finance, building inspections and contract reviews - before auction day.

4. A level playing field. Every buyer has the same opportunity to bid, with clear rules and no back-door deals.

Positioned on the prominent corner of Lacey Street and Redcliffe Street, this exceptional offering presents a rare opportunity to secure a combined 2,065sqm landholding in one of East Cannington's rapidly evolving growth corridors.

Whether you're a developer, investor or land banker, opportunities of this scale are becoming increasingly difficult to find.

Comprising 31 Lacey Street (1,022sqm) and 35 Lacey Street (1,043sqm), both properties are zoned R30, offering the potential to create up to six lots (subject relevant authority approvals).

Adding further flexibility, 35 Lacey Street includes an existing 3-bedroom, 1-bathroom home. While the residence requires renovation, it offers excellent holding income potential or temporary accommodation while development plans are being finalised.

Whether you're looking to develop immediately, retain the existing dwelling while you plan your project, or secure a strategic landholding for future capital growth, this is an opportunity that delivers exceptional versatility and long-term upside.

Auction Conditions:
• $50,000 deposit payable at the fall of the hammer (EFT or bank cheque accepted)
• Unconditional buyers only (no subject to finance bidding)
• Choice of 30, 45 or 60 day settlement from auction day
• The property is offered for sale on an "as is" basis
• Bidders must have read and understood the auction contract prior to bidding
• Auction Location: On Site

Property Features:
• 31 Lacey Street - 1,022sqm block
• 35 Lacey Street - 1,042sqm block
• Combined landholding of 2,064sqm
• R30 zoning
• Potential for up to six lots (subject to approvals)
• Prime corner development site
• Existing 3-bedroom, 1-bathroom home at No. 35 requiring renovation
• Outstanding development, investment or land banking opportunity

What's Nearby:
• 650m to East Cannington Park
• 900m to Beckenham Station
• 1.1km to Beckenham Primary School
• 1.2km to Cuddles Early Learning & Childcare Beckenham
• 1.5km to Gibbs Street Primary School
• 1.8km to Mills Park
• 2.2km to Westfield Carousel
• 2.5km to Sevenoaks Senior College
• 2.9km to St Norbert College
• 11.3km to Perth Airport
• 12.7km to Perth CBD
• Accessibility to Welshpool Road (East), Albany Highway & Roe Highway

To receive the information pack, including a digital link to download all related documents including the title, rates information, and offer contract please send through your enquiry today. Alternatively, you can call or text Cameron Smart on 0411 598 969 to receive the link via SMS.

**Disclaimer: Ray White Canning River have in preparing this advert, used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries with the relevant authorities to verify the information contained in this advert**

Explore the area

School catchments

Beckenham Primary School Primary K-6 Government 0.76km
Gibbs Street Primary School Primary K-6 Government 1.0km
Sevenoaks Senior College Secondary 11-12 Government 1.3km
Cannington Community College Combined K-10 Government 1.9km
St Joseph's School Primary PP-6 Catholic 2.1km
St Norbert College Secondary 7-12 Catholic 2.1km
Queens Park Primary School Primary K-6 Government 2.3km
Brookman Primary School Primary K-6 Government 2.7km
Rehoboth Christian College Combined PP-12 Independent 2.7km
East Kenwick Primary School Primary K-6 Government 2.8km
Fountain College - Lynwood Campus Primary Independent 3.1km
Al-Ameen College Combined PP-12 Independent 3.5km
St Jude's Catholic School Primary PP-6 Catholic 3.5km
Wattle Grove Primary School Primary K-6 Government 3.5km
Bannister Creek Primary School Primary K-6 Government 3.7km
Yale Primary School Primary K-6 Government 3.8km
Rehoboth Christian College - Wilson Campus Primary Independent 3.9km
Fountain College - Ferndale Campus Combined PP-12 Independent 4.0km
Australian Islamic College (Thornlie) Combined PP-6 Independent 4.1km
Lynwood Senior High School Secondary 7-12 Government 4.4km
Australian Islamic College (Kewdale) Combined PP-12 Independent 4.6km
Thornlie Senior High School Secondary 7-12 Government 5.4km
Canning College Secondary 10-12 Government 5.6km
Yule Brook College Secondary 7-12 Government 6.0km
OneSchool Global WA Combined 3-12 Independent 6.7km
Kent Street Senior High School Secondary 7-12 Government 6.9km
Darling Range Sports College Secondary 7-12 Government 6.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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