Issue 52 | The Property Development Review

Property Listings – WA

Lots 3, 5 and 9000 Taylor Road, Mundijong

Cygnet West and B&S Land are delighted to offer for sale a significant land subdivision opportunity in WA.

Mundijong is poised for significant growth with .idcommunity forecasting a population increase of over 10.5% per annum for the next 25 years. The impending extension of Tonkin Highway to the site should facilitate this growth - the type that nearby Byford, 6km away, has achieved. A Structure Plan for a 103.25 ha majority portion of the site (east of Tonkin Hwy) has recently been approved. The balance 21.82 ha (west of Tonkin Hwy) includes land earmarked in district structure planning for ‘Light Industrial’ uses.

Key Highlights of the offering include:

- Structure plan approved. - Yield potential - in excess of 1,450 residential lots, a 7,149 sqm retail site, a 4ha primary school site and ‘light industrial’ land. - Population poised to grow more than 10.5% pa according to .idcommunity. - Extension of Tonkin Highway to the site anticipated 2025. - Predominantly cleared land. Taylor Road, Mundijong is offered for sale by Expressions of Interest closing Friday 7th June at 4pm (AEST).

Wayne Lawrence Partner, Commercial Agency (Capital Markets) 0434 650 853 wayne.lawrence@cygnetwest.com

Andrew Egan Director 0433 989 767 aegen@bsland.com.au

116 – May / June 2024

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