A developer with any vision can soon identify what a valuable location this will be when the Mandurah Terace-Sutton Street link road is implemented in the near future. It will be the gateway development into the township hub.
The buyer of these 2 prime located lots with a total area of 1992sqm will have choices.
It is a zoned City Centre Development which allows R60 for residential or mixed use potential including commercial offices etc.
The corner lot recently had some land acquired for road widening but part of the deal was the acquired land area can still be used in calculation for development purposes thus if a developer wanted to do just residential then under R60 you should be able to get 12 units subject to council appraisals and guidelines.
The site is planned to have even more prominence and be a true cornerstone when the council proceed with their proposal to make Sutton Street the main entry into town. They intend to acquire land off Mandurah Terrace to give a more direct entry to Sutton Street, plans available upon request.
There is a serene parkland immediately adjacent on the eastern boundary which adds to the ambiance of the location.
A truly fantastic development site for the developer with a vision.
All enquiries for Peter Vetten 9581 0777 and I can explain what is planned for the immediate area.