OUTSTANDING DEVELOPMENT OPPORTUNITY in NORTH YUNDERUP – Peel Region.

This subject lot is located approximately 9.5 kilometres north west of the Pinjarra town site and 5 minutes from the Mandurah shopping centre.

The lot is 6.3352 hectares in area. Access to the lot is from Pinjarra Road via Tonkin Drive and North Yunderup Road. The subject land is bordered by Lot 200 Phillips Way to the east, residential properties of the North Yunderup community to the south, North Yunderup Road to the west and Regional Open Space (Wilgie Creek) to the north.
The land has been rezoned from Urban Deferred to Urban under the Peel Region Scheme and from Rural to Residential Development under the Shire of Murray Town Planning Scheme No 4.

The land has since had a Structure Plan approved by resolution of the Western Australian Planning Commission on: 27th July 2016 with an expiry date of 27th July 2026. Contact ron@ellenbrookfn.com.au to request a copy of the approved Structure Plan.

This land has now been bought to market and provides opportunity for a small development as an extension to the North Yunderup area. This area is 5 minutes west to Mandurah train station and is 5 minutes east of the Kwinana Freeway which puts Perth CDB 45 minutes away.

A great location for development with a projected yield of around 100 lots which can be determined at subdivision design stage by the purchaser.

The land is being offered to market at $3.2m which equates to approximately $32,000 per lot for raw land value.

Please contact Ron Lyster on 0417 992 664 to discuss opportunities in regard to the purchase of this property.