LOCATION
The property is strategically located within the highly sought after Cockburn Central Town Centre development precinct which is currently one of the key development project in Perth metropolitan area.
There is a public and private sector joint participation including Australand, Landcorp and the City od Cockburn, in creating a unique mixed use high density town centre including residential apartments, commercial offices and entertainment facilities.
Some Key projects currently underway include the relocation of FESA’s headquarters which is due to be completed early 2012, furthermore after the highly successful first two Australand’s apartment releases they are now progressing with the release of the Vertex and Luxe developments.
ZONING
Under the city of Cockburn Town Planning Scheme the Site is zoned Residential/ Office/ Mixed Use R160.
SITE DETAILS
The property is rectangular in shape with a total land area of 11,002m approximately.
MARKET COMMENTS AND SUMMARY
The current population growth in the southern corridor and huge commercial and residential developments in the Cockburn Central area, makes this property a great development site/ investment for the owner occupier/ developer to build offices, shops, apartments and townhouses.
PROPERTY DETAILS
Lot 54 on Diagram 60481 Vol: 1593 Fol:806
AUCTION DETAILS:
*Deposit $250,000
*Balance 12th July 2010