31 Leonora Street, Como

Australian Property Alliance presents this landmark 1,064sqm development site, located at 31 Leonora Street, Como. This Como site offers investors and developers an exceptional opportunity to develop land in this highly sought after suburb.

This land is zoned as R-AC0 and has been approved to deliver a 4-storey complex. Ideally positioned on Leonora Street this is one of Como’s most popular streets. This prime development site provides a rare opportunity to secure land in the sought after riverside suburb of Como.

The Opportunity:

– Interest For Sale – 100% Freehold
– Title Particulars – DA Approval for 4 storeys (can be up to 6 storeys STCA)
– Site Area – 1,064m2
– Net Development Area – 1,013.5 m2
– Zoning – R-AC0
– Local Government Area – City of South Perth
– Local Planning Scheme – Canning Bridge Activity Centre Plan
– Street Frontage – 20.12m
– Occupancy – Multi/Grouped Dwelling Development
– Method of Sale – Private Treaty
– DA Approval is currently in place

Investment Highlights:

Approved Development Plans for High-End Townhouses
The property has received development approval for six architecturally designed,four-storey grouped dwellings. These upscale townhouses are designed to blend modern aesthetics with functionality, offering potential for strong returns in a high-demand market.

Zoning for Medium-High Density Residential Development
The 1,064 m² land is zoned H4 under the CBACP, allowing for medium-high density residential development. This zoning supports the approved four-storey design and offers flexibility for future development options.

Strategic Location Near Canning Bridge Precinct
Situated within the Canning Bridge Activity Centre Plan (CBACP), the site benefits from proximity to the planned $200 million upgrade of the Canning Bridge Bus and Train Station. This development includes afuture pedestrian underpass and communal piazza, enhancing connectivity and desirability.

Strong Catchment Area
Como is one of Perth’s most desirable lifestyle suburbs, known for its proximity to the river, quality schools, and vibrant community. The area continues to experience strong demand for residential properties, particularly those offering modern, high-quality living spaces.

Location Highlights:

Como is known for its picturesque suburban charm, featuring tree-lined streets and homes that blend modern design with timeless appeal. Como offers buyers an enviable lifestyle, with nearby parks, reserves, and recreational facilities.

This development site is situated alongside the Swan River, with multiple sporting clubs, schools, and shopping centres, making Como a highly desirable suburb in Perth. Well-known as one of Perth’s top suburbs, it’s obviouswhy Como attracts established families seeking a high-end lifestyle in an area that meets all the modern needs.