The 2.62HA site is currently DA approved for an over 55’s lifestyle village which has been extended until 15 June 2024.
The property has two road frontages with cleared vacant land currently zoned for aged or dependent persons dwellings or an aged persons village which could allow for other potential applications to be lodged.
Realmark Commercial Sales and Leasing Associate, Cambell Giles said “the current approval is for over 55’s with each lot size ranging from around 250-400sqm, which is ample for those easy-care properties that downsizer and retirees often favor, without feeling cramped or overcrowded.”
The property has a small watercourse that runs through the Northern section towards Walker Street at the end of the property and has a northern aspect across the valley.
The property is suited to developers in the retirement living space or developers who can accommodate small dwellings designed for over 55 or independent living.
The site itself is north facing with lovely views over the valley, which offers a range of sustainability integration options to the development, including passive solar, water recycling, and eco-friendly landscaping which suits the surrounding area.
With almost half of the Shire of Mundaring being nature reserves and national parkland, it truly is a sought-after region for people of all demographics but particularly retirees and semi-retirees who still love pursuing sports and outdoor activities.
Centrally located close to parks, cafes, shops, doctors, chemist, the library, plus arts, crafts, and historical facilities, the potential to create something unique and appealing in the market is there.
“Amongst natural surrounds in the Perth Hills, Mundaring is a suburb known for its tranquility, community connections, and cultural events. So, if you’re a developer seeking an opportunity that already has approvals in place, you need look no further” said Mr Cambell Giles.
For sale via an expression of interest campaign closing 2 December 2021 at 2pm (AWST).