Vasse Estate

Investment Highlights:

• Freehold 50% JV interest offered in a fully operational master-planned residential estate with 1,500 lots developed and over 1,100* lots to be delivered
• Opportunity to undertake the development manager role as well as project manager and project sales functions
• Offering comprises approved future residential, commercial and industrial stages, plus additional englobo residential with structure planning underway, and balance rural land, totalling 164 ha of land area
• Already thriving Vasse Village town centre anchored by strong trading Coles Supermarket and soon to open Vasse Village by Bunbury Farmers Market
• Strong and sustainable population growth projections of 2.1% per annum to 2031
• Booming residential market with Vasse and surrounding suburbs, Abbey, Broadwater, West Busselton, Busselton and Yalyalup all achieving average median house price growth of over 10% per annum since 2020
• Benefit from the $1.49 billion Wilman Wadandi Highway opening in December 2024, reducing travel time from Perth to Vasse by almost 20 minutes
• Only 15 minutes from recently expanded Busselton Margaret River Airport now servicing Sydney, Melbourne and Perth, plus mines operated by Rio Tinto, BHP, Fortescue and Roy Hill
• Leverage off Western Australia’s chronic housing shortage with demand generated by current population growth outpacing new supply by a factor of three

All figures stated are approximate only

*Subject to statutory approval

Vasse Estate is offered For Sale via two-stage sale process, with initial Registrations of Interest closing Thursday 12 December 2024 at 2:00pm (AWST)

For further information, or to request access to the data room, please contact the exclusive selling agents below.