We are pleased to offer to the market the opportunity to acquire a landmark high-density development land.
Proposed Lot 404 Andrea Lane, Booragoon occupies a location on the corner of Andrea Lane and Marmion Street which forms the southern entrance to Westfield Booragoon (formerly Garden City) Shopping Centre, Perth’s premium fashion, dining and entertainment destination.
The site’s zoning allows a number of possible uses including offices, apartments, medical, aged care, retirement living and childcare.
In accordance with an approved Local Development Plan (LDP) setbacks from the street frontages and lake are specified and a maximum height limit of 10 storeys applies. There may be an opportunity to increase the permitted height limit subject to approvals from the relevant authorities.
Future built form development of this land will benefit from a northerly aspect over an adjacent tree lined manmade lake, southerly views over Ken Ingram Park and the potential for Swan River and Perth City views from upper levels.
The property lies in the well-established inner metro suburb, Booragoon, within a 10km radius of the Perth CBD and only 15 minutes by car.
The property benefits from being just 250m from Booragoon Bus Station linking to Bull Creek Train, providing quick and easy access to Perth CBD, Murdoch University and Fiona Stanley Hospital.
Premium health and medical facilities, Leisure Fit Booragoon and Melville Aquatic Centre are also situated right on the doorstep. Wireless Hill Park is only 400m away.
The property is offered for sale via Offers to Purchase campaign closing Thursday 4 March at 4pm AWST. Please contact the agents for further information.
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