348 Sydney Road, Gnangara WA 6077

THE STRATEGIC LAND BANK | 3.75Ha BLUE-CHIP WITH MOVE-IN READY 4X1 HQ

A Generational Urban Expansion Footprint: 3.75Ha High-Yield Strategic Land Bank with Premium Improvements

Location: 348 Sydney Road, Gnangara WA 6077 (With adjacent 338 Sydney Road available)

THE MACRO OPPORTUNITY

Positioned directly within the City of Wanneroo’s East Wanneroo District Structure Plan (EWDSP), this is a premium acquisition meticulously tailored for the astute institutional investor or volume builder playing the strategic long game.

This is not just raw dirt; it is a meticulously positioned asset sitting squarely on the primary infrastructure spine of Perth's northern urban expansion corridor.

STATUTORY PLANNING CERTAINTY (THE CORE DESTINY)

This asset is not a speculative "hope-and-see" rezoning play. The underlying residential and commercial urbanization of this footprint is backed by absolute statutory certainty. Under the Western Australian Planning Commission's (WAPC) legally endorsed framework, this specific landholding is formally codified for "Urban Expansion" and designated as an "Urban Life" precinct.

The State Government’s framework explicitly states that the endorsement of this plan "provides certainty for landowners to progress divestment or development of their landholdings." The future division of this land mass is not a matter of political or planning chance—it is a locked-in statutory certainty where the only variable is your development staging and timing.

THE CORE PROPERTY: 348 SYDNEY ROAD

Prominent Scale: 3.75 Hectares (37,500 square metres) of flat, highly usable land footprint, providing an exceptional future master-plan foundation.

Solid Residential Asset: Features a solid 4 x 1 SOLID brick and tile house in excellent condition, complete with functional roller shutters. This structure serves as an immediate residential asset or an ideal administrative/office base while the development precinct matures.

Massive Dual-Shed Infrastructure: The site includes two distinct sheds tailored for maximum utility. A clean garage/shed sits at the front to service the main house, while a large, heavy-duty working shed is positioned at the back to fully support active agricultural or commercial operations.

Elite Water Asset: Equipped with an exceptional, high-volume 48,650 KL Water Licence—doubling the baseline allocation of neighbouring lots and offering massive commercial leverage.

AGGRESSIVE HOLDING INCOME & VENDOR LEASEBACK

This asset is uniquely designed to completely carry its own weight while the broader master plan matures. The property functions as an active, high-yield market garden with premium infrastructure.

To guarantee immediate cash flow certainty, the current vendor intends to stay on as a tenant, offering a negotiable leaseback for at least 5 years. Total rental income may be negotiated up to 25 thousand dollars a year for active market garden farmers, presenting a secure, built-in financial moat for the incoming investor.

THE STRATEGIC MOAT: THE ARTERY VS. THE VEINS

Smart developers know that civil infrastructure dictates real estate value. The City of Wanneroo has explicitly designated Sydney Road as a core Integrator Arterial Road.

From an engineering and logistical standpoint, the government cannot service or build the smaller residential "veins" further north without laying the primary, high-volume service trunk lines (deep sewer, power, and district water mains) directly past your front boundary first. By buying here, you are securing a front-row seat on the region's main infrastructure artery, ensuring early connection advantages when the localized development front rounds out.

THE TRANSIT-ORIENTED DEVELOPMENT (TOD) ADVANTAGE

The property sits within an immediate ~1.2 km structural corridor to the proposed Gnangara Transit Hub. Under Western Australian planning parameters, a footprint within this critical catchment zone provides a master planner with immense leverage to argue for intensified residential densities (R-codes), dramatically multiplying the baseline lot yield during the Local Structure Plan (LSP) phase.

THE "SUPERBLOCK" POWER PLAY (COMBINED TRANSACTION OPTION)

For institutional buyers looking to command absolute, market-dominating scale, the owner is also offering the adjacent title at 338 Sydney Road (4.00 Hectares).

Combining both properties unlocks a massive, contiguous 7.75 Hectares (77,500 square metres) master-plan Superblock with over 240 meters of combined arterial street frontage. Controlling this footprint pre-Developer Contribution Plan (DCP) finalization allows you to fully optimize open space networks and road efficiencies without boundary friction.

THE VERDICT

This is an irreplaceable, blue-chip development asset allowing an astute investor to buy in at raw, pre-DCP land bank prices, secure an exceptional 5-year leaseback income from day one, and control a massive future station-adjacent community.

Express Your Interest Today.

Michael Hieu Newing
Strategic Land & Residential Specialist
The Agency

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.