883 - 885 Canning Highway, Applecross, WA 6153

Salt Property Group is proud to offer a significant landholding opportunity in the tightly held Canning Bridge Precinct — a rare 4,097sqm investment across five titles with strong holding income and exceptional long-term growth potential.

Currently improved by nine quality dwellings, this portfolio provides investors with immediate cash flow, underpinned by a flexible land-use framework and WAPC-approved subdivision plan. Whether your strategy is income-led, landbanking, or value-add through staged redevelopment, this offering delivers on all fronts.

Investment Highlights:

• Secure holding income from nine well-maintained, rentable dwellings
• 4,097sqm total landholding across five titles with subdivision approval in place
• Zoned for mixed-use development up to 10 storeys (with potential concessions to 15 storeys STCA)
• Strategic location within the Ogilvie Quarter of the Canning Bridge Structure Plan
• Elevated site with sweeping river and district views from future upper levels
• Flexible development or exit strategy – develop in stages, hold individually, or amalgamate
• Rear vehicle access via Wren Street provides superior planning efficiency
• Walking distance to Woolworths, cafés, and amenity-rich lifestyle precinct
• Excellent transport connectivity to Perth CBD and Fremantle by road, rail, and future ferry
• Only 350m to the Swan River foreshore

This is an outstanding landbanking and income-producing opportunity in one of Perth’s most tightly held and high-performing growth corridors. With flexible exit options, immediate income, and significant long-term development potential, this asset will appeal to astute investors seeking scale, security, and upside.

A full investment analysis, subdivision approval and concept plans are available upon request.

For an Information Memorandum or to discuss the opportunity in detail, contact the Salt Property Group sales team today.

Remember to mention you found this property on CommercialReady