Fantastic result with an offer negotiated with the highest bidder! We had more than 20 registered bidders on the day, If you are looking to sell a development site, we have cash buyers ready to go!

For Sale under instructions from the Public Trustee!

Opportunities like this to come up are far and very few between, 2024sqm of land over 2 titles 1012m2 being sold together as one parcel.

Presently Zoned R17.5/R30 with potential to develop up to 6 lots or dwellings including the existing home if retained.

138 Gibbs Street featuring a clear, vacant block ready for you to start construction, and

140 Gibbs Street featuring a 3 bedroom home, originally built by the late owner.

At 140 Gibbs Street, the home oozes old style charm, and features the following:

- Being a well set back home with plenty of room for expansion both out front or back
- Rear access to the lock-up garage
- Entrance hall leading into the main living room and kitchen areas
- Large living room with built in fireplace
- Kitchen and separate meals areas
- Kitchen including electric cooker and oven as well as the original wood fire stove
- Large master bedroom with space for wardrobe or cupboards
- Double sized 2nd bedroom with plenty of room for cupboards
- Main bathroom with bath, shower and vanity cupboard
- Sun room leading to undercover outdoor alfresco
- Sleep out / 3rd Bedroom adjoining Sun Room which features a small built in robe
- Outdoor Laundry and toilet
- Large double lock up garage/shed
- 1012sqm of land
-20m frontage

138 Gibbs Street Features:

- 1012sqm of vacant land ready for you to start the process of subdividing.
-20.12m of frontage

Auction Particulars and Conditions

Date: The Auction will be on the 17th of August 2013 at 12pm, with the Auction being held on site at the property.

Inspection Times: Open on Wednesday 14th August from 5.00pm – 5.30pm and again on Saturday from 11.30am – 12.00pm prior to the Auction call.

Deposit Requirement: There will be the requirement for a $50,000 deposit payable by bank cheque at the fall of the hammer.

Settlement will be 30 days from the acceptance of the contract

There will also be an attached “Annexure C” that will form part of the contract, please contact me via email to receive a copy of this document.

Additional Info:

Total Frontage: 40.12m
Zoning: R17.5/30
Council Rates 138 Gibbs: $585.00
Water Rates 138 Gibbs: $511.90

Council Rates 140 Gibbs: $898.00
Water Rates 140 Gibbs: $727.30

Combined Water Rates: $1239.20
Combined Council Rates: $1483.00

Potential Rental Return: $350 per week approx

East Cannington’s Amenities:

Nearest Primary Schools: Gibbs Street Primary, Beckenham Primary, Wilson Primary, Canning Primary, St Joachims Catholic College, Queens Park Primary, Al-Hiyadah Islamic School Bentley

Nearest Secondary Schools: Sevenoaks Senior College, St Norberts Catholic College, Rehoboth Christian College, Lynwood Senior High School

Nearest Kindergartens: Goodstart Early Learning Queens Park, Great Beginnings Kenwick, Beckenham Kindergarten, Kids of the Park, Queens Park,

Nearest Transport:

Bus: 202, 203 (To Carousel and Cannington Stn) Stop ID: 13659

Train: Aramdale Line; Cannington Train Station within 1.5km

Nearest Recreation: Cannington LeisurePlex, Whaleback Golf Course, Kent Street Weir and Canning River Regional Park, Queens Park Reserve, Maniana Park, East Cannington Park, Goodlife Fitness Carousel, Snap Fitness Cannington, Jets Carousel as well as numerous walking/running and bike paths surrounding the Canning River

Other Amenities: SUPA IGA Cannington, Local Take Away, Multiple Chemists, Newsagencies, and Banks, Bunnings, Fresh Fruit/Vegetables, Dentist, Chiropractor, Physio, Medical Centre, Cannington Veterinary Hospital, McDonalds, KFC, Hungry Jacks, and the Westfield Carousel Shopping Centre