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2. Property Highlights

Huge Aged Care Site
  • Land Area: 4.08ha*
  • High Profile Street Frontage
  • Zoned Retirement Village/Aged Care

Knight Frank, as the exclusive agent is pleased to offer for sale via Offers to Purchase 1-8 Paradise Quays, Ballajura, two separate parcels sold as one.

The sites comprises a huge 4.08ha*, spread between two neighbouring sites of 2.49ha* and 1.59ha* either side of Paradise Quays.

The offering provides a rare and exciting opportunity for developers and operators of Retirement Village and Aged Care to acquire the landmark site, on the corner of Paradise Quays and Alexander Drive.

The approved zoning for Retirement Village and Aged Care creates a great need for the City of Swan with their well-documented ageing population. Currently with a diverse population of almost 150,000 people, of which 20% are over 55. Projections show that Ballajura will see a population increase of 1,822 for residents aged 55 and over and 737 additional residents aged 70 and over in the period up to 2026, with that to increase further in time.

The site is situated on the corner of Alexander Drive and Paradise Quays, just 13km from the Perth CBD. The site is surround by a multitude of residential dwellings, a small shopping complex, Emu Swamp Reserve, and the high-profile Alexander Drive.

A 100% freehold interest of 1-8 Paradise Quays is offered for sale in one line via an “Offers to Purchase” campaign closing Wednesday, 3pm (AWST), 29 May 2024.

As a condition of acceptance and settlement, the preferred buyer will be required to provide a concept plan of their indicative development over the two sites. (This will not be required in the initial EOI process).

To arrange an inspection or further details, please contact the exclusive selling agents:

Cory Dell’Olio

0422 177 247

Tony Delich

0418 926 410

Remember to mention you found this property on DevelopmentReady

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4. Property Location

1-8 Paradise Quays, Ballajura, WA 6066

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5. Due Diligence

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