Skip to main content
SearchBack to results

Lot 808 (1993) Albany Highway Maddington WA 6109

  • Development / Land
  • 5 ha
  • For Sale, Offers to Purchase

APPROVED RESIDENTIAL SUBDIVISION - 119 LOTS

  • 5.5043hectare* land parcel
  • Zoned: Residential Development
  • 17km* South East of Perth CBD

CBRE are pleased to offer to the market an approved residential subdivision at Lot 808 (1993) Albany Highway Maddington.

Situated 17kms east of the Perth CBD, this 5.5Ha* site is a true infill opportunity encompassed by a mixture of new and established residential dwellings, all in close proximity to both the Maddington and Gosnells Train Stations, as well as the Gosnells Town Centre.

With a subdivision approval in place for 62 green title residential lots averaging 254 sqm, and a balance land holding of 1.45Has, this site offers purchasers an opportunity to immediately build and release lots to a strong West Australian market The Urban Development Institute (UDIA) recorded 3,322 new lot sales in the June quarter 2020, the most on record.

More recently approval has been given for 57 survey strata lots on the balance of land (1.45ha's*), thus creating a 119 Lot subdivision.

Adding to the immediate development opportunity are significant refunds available to the developer from the local authority under the City of Gosnells Outline Development Plan (ODP). The ODP requires the provision of additional public open space to be provided within the approval, with this additional POS to be compensated under a fixed pricing agreement. (Buyers should make their own enquiries with City of Gosnells)

This potential refund, along with the ready to go nature of the development, makes this an opportunity that all small to medium developers should consider.

Stage 1 Approval for 62 lots plus 1.45hectares
Survey strata approval on the 1.45ha's* of 57 lots
Forecast population growth - 23% by 2036
1.5km to Gosnells Town Centre, 1.3km to Maddington train station, 2km to Maddington Central shopping centre.

The property is being sold via an Offers to Purchase process closing 16th September 2020 at 4pm (AWST).

Property Highlights

Property ID2016443938
Floor AreaAsk Agent
Land Area5 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  18 Aug 2020
Map for Lot 808 (1993) Albany Highway Maddington WA 6109
Map for Lot 808 (1993) Albany Highway Maddington WA 6109Lot 808 (1993) Albany Highway Maddington WA 6109
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000

More Properties for Sale from CBRE Perth

119 Ewing Street Welshpool WA 6106
For SaleCONTACT AGENT
119 ewing street,welshpool, WA 6106
1,689 m²
Factory, Warehouse & Industrial
48 Anderson Street Port Hedland WA 6721
For SaleContact Agent
48 anderson street,port hedland, WA 6721
646 m²
Factory, Warehouse & Industrial
99 Quill Way Henderson WA 6166
For SaleContact Agent
99 quill way,henderson, WA 6166
16,419 m²
Factory, Warehouse & Industrial
Contact Agent