Knight Frank, as the exclusive agent is pleased to offer for sale via Offers to Purchase Lots 503 & 504 Paradise Quays, Ballajura.
The sites comprises a huge 4.08ha*, spread between two neighbouring sites of 2.49ha* and 1.59ha* either side of Paradise Quays. The properties will be sold in one line.
The offering provides a rare and exciting opportunity for developers and operators of Retirement Village and Aged Care to acquire the landmark site which runs parallel to 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 from 2011 to 2026, with that to increase further in time.
Property Features:
- Land Area: 4.08ha*
- 2 Separate Titles
- High Profile Street Frontage to Paradise Quays and Alexander Drive
- Commercial/Residential Opportunity
- Large demand for Aged Care within the area
Zoning
Property is zoned ‘Special Use 23’ for future Retirement Village and Independent living units under the City of Swan Scheme no. 17.
Lots 503 & 504 Paradise Quays, Ballajura is offered for sale via an ‘Offers to Purchase’ campaign closing on the XXXX
To arrange an inspection or further details, please contact the exclusive agent’s below.
Cory Dell’Olio
0422 177 247
Tony Delich
0418 926 410
*Approx
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