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8 (Lot 3) Round Drive, Katanning WA 6317
$850,000 - $1,000,000
  • 3.42 hectares

INVESTORS ONLY! 3.42 HA PROPOSED 82 DWELLINGS RETIREMENT/ AGED CARE (STCA)

3.42 HA BLOCK WITH PROPOSED WAPC SUBDIVISION APPLICATION IN PLACE (WAITING FOR FINAL APPROVAL) FOR 82 LOTS

Simon Backhouse pleased to present this rare opportunity to acquire one of the very few larger residential development sites (20 metres frontage to Casuarina Drive), which has been proposed to WAPC as 82 aged dwellings Retirement Village.

Time to invest in Retirement Village, hence there is a great demand on aged care being recognised lately. The land is located on the heart of Katanning (1.5 kilometres to the east of Katanning town centre), adjacent to existing residential properties. The prospected approval will prove a great asset in the nearest future giving you the potential to build 82 aged persons dwellings. This strategic location represents an opportunity to purchase this proposed Retirement Village (STCA), which is only 550 meters from Katanning Hospital.

The proposed subdivision application consists of 82 lots (aged dwellings) ranging in sizes from 232m2 to 245m2 including Public Open Space (POS). The potential considering the high demand for aged care and retirement accommodation and services in the area, which reflect a great opportunity to build 82 aged care on stages (STCA). With the generous site size, the land would also be ideal for an integrated healthcare development (STCA).

The proposed lot has included Clubhouse of 1104m2 and POS 4664m2. All proposed future lots are rectangular in shape with a greater depth than width to accommodate affordable project housing. All lots will have direct street frontage and no battle-axe lots are proposed. The site is well serviced by existing areas of active and passive open space, including the nearby Katanning Country Club, as well as various community facilities, such as Katanning Hospital and Katanning High School. As per as the proposed concept plan, the block of 3.32 HA has a frontage to an existing constructed public road; All existing roads abutting the site are sealed, kerbed and drained and of a sufficient standard to service the proposed subdivision (STCA) & sufficient width to accommodate future public utility services (STCA). Under the current Local Planning Scheme, the site is zoned Residential' with a density code of R25 under the Shire's Local Planning Scheme. The site is located within the Shire of Katanning. The land to the south and south-west comprises established residential lots, with an area of Public Recreation located adjacent to Adam Street within 250 metres of the site. The site's north-west boundary adjoins land reserved for Education Purposes, while Katanning Senior High School and Katanning Country Club are located to the north on the opposite side of Round Drive.

Over $10 million being invested on Katanning & still further developing is ongoing, such as Dome caf/ Hotel, new Shire administration building, and Katanning District Hospital. There is some optimism regarding the Gold mine getting operational in the not too distant future; currently undertaking substantial digging/exploration work.

If you have any questions, please don't hesitate to contact Simon Backhouse on 0422 059 036 or 9451 9566