Issue 52 | The Property Development Review

Property Listings – WA

SOUTHERN RIVER - 4HA URBAN DEFERRED LAND HOLDING

LOT 11, PHOEBE STREET • 40,277 sqm (approx) • MRS Zoning - Urban Deferred • Tenure Vacant Possession The Opportunity Southern River is a popular suburb that has seen significant development

Southern River Southern River has proven itself to become a suburb of choice for many 2nd, 3rd or 4th homebuyers which is reflected in the median house price growing by 18% over the past 12 months to $755,000 and rental growth of 23% pa.

and growth over the recent years. Lot 11, a 4Ha property is situated beside a number of active developments south of Southern River Rd. This Urban Deferred property provides an opportunity for the astute buyer to secure a large landholding within the suburb of Southern River.

• Zoning: General Rural • No Structure Plan over site

SIMON BRADY

0407 486 401

VINCENT SICILIANO 0488 933 332

ASKING PRICE $3,200,000 + GST

120 – May / June 2024

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