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Investment Highlights

  • Existing two-storey office, 786 m² total
  • Zoning: R-AC3 Mixed Use enabling diverse outcomes
  • Holding income potential during planning stage
  • Landholding of approx. 1,941 m² on Canning Hwy
  • Strong traffic exposure for business or signage

Executive Summary

Sterling Property presents a unique acquisition opportunity within the South Perth commercial corridor – 2 Canning Highway. Offered to market for the first time since the 1980s, this property delivers a versatile platform for owner-occupiers, developers, or strategic investors.
The existing improvements comprise a two-level strata commercial building of approximately 786 m² on a substantial 1,941 m² land parcel, providing immediate adaptability for partial or full occupation, repositioning, or comprehensive redevelopment under its R-AC3 Mixed Use zoning. This designation encourages a diverse set of outcomes including office, medical consulting, residential apartments, or mixed-use projects subject to statutory approvals.
The site capitalises on continuous exposure along Canning Highway, one of Perth’s principal arterial routes, ensuring sustained visibility for signage and tenant activation. Nearby lifestyle conveniences encompass café, retail, and transit nodes, reinforcing amenity appeal for both commercial operators and future mixed-use residents. Additionally, holding income options afford a buffer during planning and design stages for long-term repositioning ambitions. Adjoining site 10 Canning Highway is also currently available, creating the potential for a combined 3,548 m² development footprint with significant economies of scale.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
8,460 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,230 SF
Building FAR
0.40
Lot Size
0.48 AC
Parking
26 Spaces (2.61 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
  • Listing ID: 40798465

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 2 Canning Hwy, South Perth, WA 6151

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