The former ‘Ravenswood International Raceway’ site is back on the market.

Presently utilised as a lifestyle property and airstrip, this 29 Hectare site now provides prospective purchasers with an opportunity for potential future development.

A stones throw from the banks of the Murray River, the property is located within the Shire of Murray and in close vicinity to high profile Mandurah.

New residential developments are already underway in the Ravenswood area, which has been earmarked as a potential hotspot for urban growth within the Shire.

The property is located just 5km from the historic town of Pinjarra, 12km from Mandurah and less than an hour south of Perth in the well renowned area of Ravenswood.

It will also be in close vicinity to significant proposed new infrastructure including a new regional Shopping Centre, Primary School, Regional Recreation Centre and the Perth-Bunbury Bypass currently under construction nearby. This Freeway extension will make trip to the Perth CBD less than an hours drive.

Whilst currently zoned ‘Rural’ under the local Town Planning Scheme, the site is zoned ‘Urban Deferred’ under the Peel Region Scheme and has been identified as having urban potential under the Shire of Murray’s Draft Local Planning Strategy.

The site is open for offers over $12M subject to Settlement terms and other conditions.

For more details or to obtain an Information Memorandum please contact Katrina Kourinos on 0429 170 196 or email katrina.kourinos@cbpp.com.au