159 Sevenoaks Street, Cannington WA 6107

Large block | 14% site coverage | older build | high $1m’s entry point | 3 cars on site This property’s primary value is embedded in the land rather than the dwelling. The 1,833m² lot with only 14% building coverage creates a deliberate underutilisation, meaning a buyer pays for future subdivision or redevelopment potential, not current livability. The 1987 structure and single living area constrain immediate occupancy, so the purchase relies on holding costs until a planning pathway emerges. That makes this a land bank with a rental income buffer, not a family home. The rarity here is a block of this size in a metro infill location, which few comparable listings offer. Three car spaces and the absence of flood or bushfire overlays reduce friction for a developer or investor. This suits a buyer with patient capital who can absorb the holding period and engage a town planner early. The next practical step is to request a pre-purchase feasibility study on subdivision potential under the current City of Canning scheme. No comparable sales provided to anchor valuation.