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Prime 3,472M2 South West Multi-Use Development Goes to Auction

29-Jul-2019
Vasse commerciaal
What we love.
Invest and rest with ease.

Vasse is one of the fastest growing towns in Western Australia, with the latest census showing that its population has doubled between 2011 and 2016.

It has become the central hub linking popular South West tourist destinations in the stunning Margaret River Wine Region including Busselton, Dunsborough, Yallingup, Cowaramup and Augusta.

Realmark have the privilege of presenting this unique 3,472m2 site which has Local Centre Zoning in the City of Busselton and offers the assertive investor an outstanding opportunity to act now and reap the rewards with future expansion and major development in this popular region.

Located on the doorstep of the Vasse LIA, 33-37 Northerly Road is a short walk to the Vasse Village Shopping precinct which consists of a Coles shopping complex, cafes, dentist, physiotherapist, gym, 24 hour McDonald's and Coles Express.

Realmark Dunsborough Director and Agent, Julie Fairclough said, “The South West is an area of outstanding beauty and tranquility. Over the past 10 years, we have seen it become rightfully established as its own stable within the WA state. Vasse has become the epicentre of the South West as a linking passage for commuters and tourists. With approved multi-use development on offer the options are limitless.”

Realmark Commercial Executive Director, Mike Rowe stated, “This opportunity presents the heightened potential to capitalise in this niche area market where growth is at the forefront. The exceptional location combined with flexibility for development is second to none.”

Realmark Group Managing Director, John Percudani said, “The South West has established its own presence over the years, most recently crowned Number 1 tourist destination by Loney Planet, that backed with the increasing attraction for retirees and families, this opportunity is a serious contender for the right investor. There is also strong security with the knowledge of already established local and state government development investment. We envisage competition to be strong at auction in August.”

What to Know.
This exceptional location is part of the Vasse Detailed Area Plan which enables mixed-use development:-

•Residential
•Office
•Retail
•Holiday home / multiple-grouped dwellings
•The site offers dual street frontage with an estimated 5,900,000m vehicles driving past this location annually

The land runs over three adjoining Titles which could be treated as one or as three separate developments offering investors flexibility and the potential to sub-divide.

Only minutes drive to central Busselton including the new Busselton Hospital, 10 minutes drive from Busselton Airport and walking distance to Vasse Primary School and Cape Naturaliste College, the location does not get any better!

Adding encouragement to the opportunity is the Vasse Development Partners, who have already invested $155 Million to create Vasse with the State Government and statutory authorities contributing an estimated $60 Million on schools and infrastructure over the past 10 years.
With the future development of the Busselton Airport offering direct flights to the Eastern States and eventually parts of Asia, this well-positioned location offers a myriad of opportunities.
To be Sold by Public Auction – Thursday, 8 August 2019 11:00 am (WST)
Auction to be held at the Ground Floor, 658 Newcastle Street, Leederville, Realmark Corporate Office.

Who to talk to.
Julie Fairclough for a site inspection on 0407 174 258 and Mike Rowe 0408 470 074 for a detailed memorandum and additional information.
Vasse commerciaal

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