Description

Options for Commercial, Green Title or Strata Survey Residential Development Phone Enquiry ID: 53634

A rare opportunity to acquire a genuine one acre (4,045sqm approx.) allotment zoned for development, in the newly established, fast developing ‘Baldivis Grove Estate’.

Superbly positioned, right at the front entrance of the estate and opposite the soon-to-open child-care centre, the block will share commanding views of the development’s expansive ‘Central Park’ once completed.

Zoned for development, there are various possibilities and roads to explore for a new development (Subject to Council Approval), including; A number of soft commercial options

Up-to 10 Green titled residential lots

Up-to 15 strata survey residential lots Or a mixture of all three (STCA)

Comprising a fully-fenced, spacious and updated 4 bedroom plus study home; and a separate 15m x 15m commercial shed with single and 3-phase power, and bore with 3hp pump.

Both the house and the separately fenced shed and land are currently rented by long-term residential and commercial/business tenants, at $310 per week and $250 per week, respectively.

The home is perfectly positioned to the front corner of the fully secured acre block, leaving an expansive parcel remaining - along with a multitude of opportunities and possibilities for a wide range of savvy buyers hoping to make their mark on this vibrant location.

Within minutes of Lake Walyungup, Warnbro’s stunning stretches of beach and the heart of Rockingham, surrounded by brand new/existing homes and modern developments, and supported by a consistently high-growth population.

Investors will be impressed by the multiple rental incomes and returns from day one while their plans are being finalised - not to mention, the various options this block presents, especially with the area’s growing demand for both housing and business - AND, the block-size alone will certainly sell itself to developers hunting a site for their next big project! The possibilities and options are limited only to your imagination (and Council Approval!)

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