THE PROPERTY DEVELOPMENT REVIEW
FOR SALE
• Zoned Urban Deferred with valuable development potential • Excellent exposure with 2 street frontages • Large storage assets and 2 residential dwelling on the site This property is in the East Wanneroo District Structure Plan which was endorsed by the Western Australian Planning Commission in July 2021. The land is bound by Franklin Road to the east, Belgrade Road to the south . Under the provisions of the Structure Plan, the subject land is zoned ‘Suburban neighbourhood’ and is located within Precinct 5 – Belgrade Road which has a target for 1,900 dwellings . Of relevance to the subject land, Precinct 5 can be described as the suburban neighbourhood west of Franklin Road is generally medium density, with a more intense built form fronting Belgrade Road taking advantage of views to the east and north-east. The area is well connected to the Wanneroo town centre . It is anticipated the population in the North-west Sub-region will grow by more than double by 2050 – growing from 322,490 people in 2011 to over 740,330 by 2050. Offers to purchase this valuable title are now open
OFFERS TO PURCHASE
Nick Di Lello I.Q. Property & Projects M: 0422 230 230 E: nick.dilello@iqproperty.net.au
February /March 2024 – 111
Powered by FlippingBook