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Residential
99 Reef Break Drive, Two Rocks, WA 6037

Property details

  • Property ID:
    23095
  • Expression of Interest:
    closes Thursday 23rd April 2020 at 3pm (AWST)
  • Area:
    38.43 hectares (*approx)
  • Type:

    Residential: Greenfield / Land Site

  • Development Potential:
    30 titled single residential lots 'in one line' / 38.43ha* residential development site
Agency information
Ryan McGinnity

Overview

RESIDENTIAL DEVELOPMENT OPPORTUNITY

CBRE are pleased to present the balance of what was previously known as The Reef, Two Rocks by way of Expressions of Interest.

Located 60km* north of the Perth CBD and accessible via the Mitchell Freeway and Marmion Avenue, Two Rocks is an established outer coastal suburb of the Perth Metropolitan area. With 30 titled residential lots available and a 38.43ha development site, this sale provides opportunity for immediate income by way of selling down the titled lots while developing future stages.

Set amongst existing modern single and double level homes, the 30 titled single residential lots range in size from 367sqm to 455sqm, many offering ocean views, can be sold immediately. The 38.43ha residential development site sits to the south of existing development and rises from the west offering outstanding ocean views.

With very few parcels of Urban zoned land with residential subdivision approval on the market, this development opportunity will appeal to groups including residential home builders and medium to large developers seeking an immediate land project. Likewise, given the expected rapid population growth of the North West corridor and the rail and road infrastructure under construction to support this growth, this site will appeal to syndicators and private groups looking to landbank while the required public infrastructure is completed.

Expressions of Interest will be considered as:

• 38.43ha* residential development site

• 30 titled single residential lots “in one line"

To be sold separately or "in one line".

Please contact the exclusive agent to discuss. Expressions of Interest close Thursday 23rd April 2020 at 3pm (AWST).

*Approx.

Remember to mention you found this property on DevelopmentReady.com.au

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