Case Studies

320 Canning Highway,Bicton, Western Australia


Two-level residential complex comprising of 36 strata units offering 32 one bedrooms and 4 two bedrooms and one bathroom, each unit with an allocated car bay. Future development potential on this offering is considerable owing the Mixed Use R50 zoning and substantial 4,053m2 site area

  • 4,053sqm Site Area
  • 2022/23 FY Est. $310,622pa Net Income
  • 32 One Bedroom with Ensuite + Car Bay Units
  • 4 Two Bedroom with Bathroom + Car Bay Units
  • Canning Highway Frontage 30.7m*
Sale Analysis
Sale Price:$6,450,000
Sale Date:August 2022
Land Area:4,053sqm*
Est. 22/23 FY Net Income:$310,622
Price per Unit$179,000
Land Rate / sqm:$1,591/sqm
Vendor:Kenworthy Real Estate
Sales Process:Expressions of Interest Campaign


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