A unique development opportunity with both short and long term options available to you, the savvy investor/developer. Sprawled across 5944m2 (approx.), an early 1960′s built brick and tile residence sits perfectly positioned to be retained whilst a development proceeds around its boundaries.

Featuring a modest 3 bedrooms, 1 bathroom and spacious living, with a small amount of love, sweat and hopefully no tears, it can be brought back to its former glory and used as a a tidy rental earner whilst you plan, assess and during the development of the land.

Development opportunities such as 125 Lacey Street, East Cannington are becoming increasingly rarer. The property has the potential to be subdivided into 3 large street front lots to a further 8 lots, the possibilities are endless. Please be advised that all development and planning is still subject to the sufficient approvals through the City of Canning, and we encourage you to make your enquiries with regards to this development with the City of Canning to confirm.

Auction Conditions
- Auction Held at On Site
- Date: 9th February, 2pm Sharp
- 10% deposit (calculated on the purchase price) at the fall of the hammer
- The property is to be sold on an “as is” basis
- The vendor reserves the right to accept an offer prior to Auction without notice

For further information including the Auction Contract, Certificate of Title, Sewer Map, Bidding Registration or any further information, please give Cameron a call on 0411 598 969 or send an email to cameron.smart@raywhite.com

**Disclaimer: Ray White Cannington have in preparing this information 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 information.**