We are pleased to present an outstanding opportunity to acquire a substantial residential development site. Lot 9003 Throssell St zoned R15, a significant parcel of land (46.3608 HA), previously had WAPC approval (now expired) for the potential development of proposed 375 lots, subject to conditions. Alternatively with its vast size and prime location, this property may also represents an exceptional land bank opportunity for an astute buyer or investment group.
This property is conveniently located near Northam's main street shopping precinct and has received support from both the Shire of Northam and the WA Planning Commission for residential development. Although the previous WAPC approval lapsed in November 2016, previous enquiries with the local shire indicate strong support and assistance to progress this project into a high-quality residential housing development.
Additionally, the land is currently in a farm cropping lease at $6,000 per annum.
The subject property is situated within the rural town of Northam, located approximately 97 kilometres northeast of Perth Central Business District. The town of Northam has been established primarily as a residential/commercial locality, which has become of of the main towns servicing the wheat- belt and surrounding farming communities.
It is situated at the confluence of the Avon and Mortlock Rivers and is home to an estimated 6548 people as of 2024. It is the largest inland town in WA, not founded on mining. The area of Northam is 1419 square kilometres (shire) and 24 square kilometres (town). Northam has an elevation of 155m above sea level. All main services available within the Northam town ship including that of schools and transport facilities. The commercial/retail sector is located within the township along with a constructed industrial estate on the outskirts of the Northam town.
More specifically, the subject property is located on the southwestern side if the Northam township. The subject property is located on the edge of the current residential development in Northam and has street frontage to Throssell Street.
Please contact Brian Anthony for a copy of the Information Memorandum or if you have any further questions.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website