Live and work from home, a rare opportunity to secure a Mixed Use development site, currently a two level commercial building with prominence and Highway exposure, leased until end of 2025 and situated directly opposite the Leopold Hotel on Canning Highway. Close to all amenities and only 9.5km to to Fremantle.
333 Canning Highway consists consists of 704 sqm of Land area and 240 sqm of building space, consisting of three commercial tenancies, 12 car bays at the rear of the property accessed via a right of way of both McKimmie Road and Foss Street.
Retain as a leased investment or take advantage of ample scope for a mixed use redevelopment.
At a glance :
• Land area 704 sqm
• Building Area 240 sqm
• Potential Mixed Use Redevelopment
• Zoning C4, R code R60, Refer LPS 6 Clause 32 City of Melville
• Three tenancies
• Unit 1 84 sqm
• Unit 2 72 sqm
• Unit 3 84 sqm (first floor)
• Holding Income $ 47,165
• Outgoings $ 27,150
• Main Rds reserve for potential widening of Canning Hwy
For further information please call Marco Celenza on 0438 833 362...
The size of Palmyra is approximately 3.1 square kilometres. There are 18 parks, covering nearly 3.5% of the total area. The population of Palmyra in 2016 was 6950 people. By 2021 the population was 7585 showing a population growth of 9.1% in the area during that time. The predominant age group in Palmyra is 30-39 years. Households in Palmyra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmyra work in a professional occupation.In 2021, 71.20% of the homes in Palmyra were owner-occupied compared with 67.60% in 2016.
Palmyra has 4,323 properties. Over the last 5 years, Houses in Palmyra have seen a 82.59% increase in median value, while Units have seen a 100.36% increase. As at 30 June 2026:
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