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Strategic 3.27ha Landholding with Water Licence Future Growth Corridor

Lexia, WA 6079, Australia
$4.50m
32375m²

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Area Price Guide
$4.23m$4.77m

Indicative price guide range

🏘️
75
Comparable
📊
$1.15m
Area median
⚖️
+291%
vs median
📐
$139
Per m²
📏
32375 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

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About this property

To enquire, please email or call 1300 815 051 and enter code 0916 Defined by its scale, location and long-term potential, this exceptional holding of this scale and positioning is rarely offered to market. Set across approximately 3.27 hectares (8 acres) on Gnangara Road, Lexia, this substantial landholding occupies a strategic position within Perth's evolving northern corridor. Enhanced by the inclusion of a valuable water licence and currently leased to market gardeners, providing ongoing income, the property presents a compelling blend of immediate return and long-term potential (STCA), appealing to buyers who recognise the significance of securing land in tightly held, growth-aligned locations. Set on approximately 3.27 hectares (8 acres), this substantial landholding presents a rare opportunity to secure a strategic holding within Perth's expanding northern growth corridor. Positioned along Gnangara Road in Lexia, the property is located within a broader area identified for long-term urban investigation, with surrounding localities experiencing ongoing planning activity and residential expansion. A key value driver is the inclusion of a water licence, providing flexibility for agricultural, lifestyle or future-use applications and enhancing the overall utility of the land. This offering is ideally suited to: * Developers and syndicates seeking future project potential (STCA) * Investors looking to land bank within a high-growth corridor * Buyers seeking scale holdings with long-term upside Key Features: * Approx. 3.27 hectares (8 acres) * Water licence included * Prominent frontage to Gnangara Road * Located within a recognised future growth corridor * Close proximity to Ellenbrook, Henley Brook and surrounding expansion areas * Strong long-term upside potential "Subject To Council Approval." (STCA) Currently leased to established market gardeners, providing ongoing income. * "secure lease" * "established tenancy" With planning momentum continuing throughout the broader corridor, opportunities of this scale and positioning are becoming increasingly limited. * "8 Acres + Water Licence + Future Growth Corridor" * "Rare Gnangara Road Holding Land Bank Opportunity" * "Secure Scale in Perth's Next Growth Frontier" Large parcels of this scale in growth-aligned locations are increasingly scarce. This is a compelling opportunity to secure a significant holding with future upside. Strategic holdings of this size and positioning are tightly held and rarely offered to market. For Sale by Expressions of Interest. Disclaimer: Any future development potential is subject to relevant approvals, zoning and planning requirements. To enquire, please email or call 1300 815 051 and enter code 0916

Property Features

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    Repayment calculator

    $21,816/month
    $10,908 /fortnight
    Loan $3,600,000 at 6.10% over 30 years

    Upfront costs

    Deposit$900,000
    Stamp duty$222,866
    Conveyancing (est.)$2,000
    Total upfront$1,124,866
    Verify with WA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    32375m²
    Listed
    1 month ago

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