Knight Frank is pleased to exclusively present to the market 110 Caporn Street, Wanneroo. A significant residential development site located in the booming northern growth corridor of Perth, in the popular suburb of Wanneroo and bordering high demand suburbs of Sinagra, Tapping and Banksia Grove.

The site is surrounded by the established new suburb of Sinagra and local amenities including the nearby Ashby Village Shopping Centre and an abundance of parkland. In addition, the site will ultimately have the added benefit of being adjacent to a proposed high school and primary school.

Key investment highlights include:

- Land area: 3.84 Ha*
- R30/R40 residential zoning (STCA)
- 100m frontage to Caporn Street*
- Ready to subdivide into approximately 70 lots (STCA) in the short term
- City of Wanneroo has a projected population growth of 27% between 2023 and 2031*
- Perth's median house price has grown 22% over the last 12 months to a value of $769,691*

Zoning:

The property is zoned ‘Urban Development’ under the City of Wanneroo TPS No.2 and contained within the ‘Caporn Street Wanneroo Structure Plan’. The scheme will enable R30/40 lot residential subdivision (STCA).

110 Caporn Street is being sold via an Offers to Purchase campaign closing Wednesday 3pm AWST, 14th August 2024.

To arrange an inspection or further details, please contact the exclusive selling agents.

Approximate.*

Sources:
www.proptrack.com.au*
www.wanneroo.wa.gov.au*