745 Carrabungup Rd, Point Grey, WA, 6208, AU

Point Grey South

Asset description

JLL & Core Land as joint exclusive selling agents are proud to present for sale Point Grey South, a generational landholding only around 60 minutes south of Perth and 28 minutes from Mandurah.

As one of the largest privately owned landholdings fronting the pristine Peel-Harvey estuary, Point Grey South presents a rare opportunity to take control of a strategic development opportunity with a dynamic use profile.

Point Grey South comprises 590.8895 ha (1460.1198 acres) including circa 66 ha* of ‘Special Development’, 494 ha* of ‘Rural’, and 31 ha* of ‘Regional Open Space’ zoned land. The property also comes with the benefit of income generated by an operating cattle farm, apiary business and short-stay heritage cottage.

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Attributes

Land area net

590.89 ha

Tenure

Freehold

Zoning

Special Development (66.0732 ha), Rural (494.1916 ha), Regional Open Space (30.6274 ha)

Media

Investment highlights

591 ha* total landholding featuring over 5km Peel-Harvey Estuary frontage
Strategic position only 1 hour* south of Perth and 1 hour* north of Bunbury
Urban development upside with over 66 ha* Zoned 'Special Development'
Long standing cattle farm, boutique apiary operation and fully renovated 1850's Culjum House heritage short-stay cottage
Current Outline Development Plan could accommodate circa 753 residential lots (STCA)
Rapid growth in residential land pricing in nearby estates
Forecast significant future population growth in the Peel region
Balance 494 Ha* zoned 'Rural' and 31 Ha* zoned 'Regional Open Space'