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Rich with Potential
Secure your piece of Binningup with this opportunity to purchase a large parcel of land in Lakewood Shores Estate. The central location of these blocks provides easy access to the beach, general store, oval, school bus stops and Country Club.
This Lot comprises 10 & 12 Carramar Street which have been amalgamated into one block of generous proportions, resulting in 1138m2, with 36.5m of frontage.
The north facing aspect & large frontage allows you to take advantage of solar passive design.
The current zoning R15/30/50 provides opportunity for a 3 unit site, subject to council approval. There is also potential to purchase the block next door at 14 Carramar Street and amalgamate to form a potential 5 unit site. There is access to underground power, scheme water and deep sewerage.
With houses and blocks harder to find in this sought after coastal town, the possibilities are endless with this unique allotment.
The astute investor has the option to land bank, build their dream seaside home, or develop as a multi unit site.
* House plans shown are for illustrative purposes
Property features
Listing snapshot by reiwa.com
This land listing located in Binningup was sold by Ruth Nandapi at Summit Realty South West.
If you would like to get in touch with Ruth Nandapi regarding Lot 250 Carramar Street, Binningup, please call 0419 955 965 or contact the agent via email.
Cost breakdown
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Council rates: $1,362 / year
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Water rates: $1,526 / year
Nearby schools
Binningup overview
Binningup is a south western coastal townsite located 127 kilometres south of Perth and 30 kilometres north of Bunbury. Binningup takes its name from "Binningup Beach Estate", a name used by a syndicate of Harvey people who subdivided the area in 1953. By 1962 there was only one resident in the area, but many homes were built in the following few years. At the request of the Shire of Harvey, Binningup was gazetted a townsite in 1963.
Life in Binningup
Despite being a popular tourist and stopover point in the summer months, Binningup is a beautiful coastal village which boasts many attractions for local residents including a scenic golf course, pristine beach is protected by a reef running parallel to it, general store, caravan park, skateboard park, recreation centre, youth camp, public library and public oval.
Binningup quick stats
High end
$705k
Median
$622k
Low end
$500k
28.2 %
Annual growth
$622k
Annual median sales price
$520pw
Annual median rental price
