The arrival of the property to the market affords astute purchasers, with a seldom available opportunity to acquire a sizeable landing with versatile development options and located only 28km North of the Perth CBD.
More specifically, the offering comprises 10,000sqm (1 Hectare), of versatile developable land, which has a rear boundary abutting a nature reserve and Lake Gnangara. The site currently supports a bushland setting with a mix of low growth shrubs, vegetation and trees.
The properties prevailing zoning of ‘Residential Rural’ would ideally suit proponents seeking to build a large home with surplus land, providing for the tranquility and privacy which comes with a rural setting but yet be very accessible and in close proximity to amenities such as, schools, medical, shopping and government and commercial services.
Investment Highlights:
– Substantial landholding
– Tranquil setting in cul-de-sac thoroughfare
– 1,000sqm* building envelope with potential to increase^
– Rapidly expanding Northern Corridor catchment
– Ability to create rural lifestyle living so close to Perth CBD
– Excellent proximity and accessibility to major transport thoroughfares and amenities
– Potential for future development upside via proposed structure plan^
– Fantastic affordable buying opportunity
Location:
The property is located within the suburb of Gnangara, part of the rapidly expanding northern corridor catchment and only 28km’s north of the Perth CBD.
More specifically, the property is positioned on the northern alignment of Leach Way, some 400 metres* east of Sydney Road and 1.4km* from Gnangara Road and Ocean Reef Road, providing excellent accessibility to the adjoining suburbs of Wangara, Landsdale and Ellenbrook.
The immediate area supports predominantly vacant land and a number of recently constructed large residential homes. The property abuts a large nature reserve and Lake Gnangara.
Site Details:
The property comprises an irregular shaped lot, which has a level gradient from street front and descending from approximately midway, to the rear boundary of the lot. Please refer to Plan for dimensions.
Services:
Services available to the property include scheme water, electricity and NBN – proponents must make their own enquiries with relevant providers as to capacity of services provided.
Zoning:
The property is currently zoned ‘Residential Rural’ within the City of Wanneroo’s planning schemes.
Further, the property is proposed to be zoned ‘Service Commercial’ under Precinct 18 of the WA Planning Commissions East Wanneroo District Structure Plan (EWDSP). As of 1st February 2024, the Wanneroo Council has yet to endorse nor implant a structure plan.
Proponents MUST make their own inquiries with the City of Wanneroo and relevant statutory authorities as to the properties permitted prevailing use and any future structure plans which may provide for potential amendments to the use of the land.
Outgoings (2024-2025)*
Water Corporation – $291.00
City of Wanneroo (Council Rates) $2,558.00
Office of State Revenue (Land Tax Single Ownership) – $1,638.00
For further information, please contact exclusive selling agent.
*Approximately
^STCA
