3-9 Wroxton Street, Midland WA, 4,048m² Over Four Separate Titles with a R60/80 Zoning This rare offering presents an exceptional chance to acquire four adjoining vacant lots totaling 4,048m² in Midland's rapidly growing residential precinct. Zoned for residential development, this site is perfectly suited for land subdivision, allowing developers to create multiple individual lots or smaller unit complexes. Key Subdivision Highlights: Four separate titles, ideal for subdividing and selling or developing in stages Flexible zoning supports a range of residential configurations, including detached homes, townhouses, or villa units Excellent location with strong demand for quality residential land in Midland's growth corridor Apartment Development Opportunity – DA Approved and Expandable Currently, the site holds Development Approval (DA) for 89 serviced apartments, designed to maximise rental yield and amenity. The existing DA can be swapped or amended to support an expanded apartment development with up to 144 bedrooms through innovative dual-key options. Apartment Development Features: DA approved for 89 serviced apartments with extensive amenities including café, gym, pool, meeting rooms, laundry, and 106 secure parking spaces Option to increase to 144 apartments by leveraging dual-key configurations 36 NDIS-compliant SDA apartments with Onsite Overnight Assistance, addressing a niche and growing market demand Positioned in a dynamic growth area with strong infrastructure, transport links, and community facilities Strategic Development Tip: The four separate titles allow for a phased development approach. Developers can choose to subdivide and sell land parcels individually, develop smaller unit complexes first, or proceed with the full-scale apartment project in stages. This flexibility helps optimise capital investment, reduce risk, and respond effectively to market conditions. Don't miss out on this unique chance to own a premium development site. Contact Rash on 0410 564 761 today to secure this land holding. FIXED DATE SALE ALL OFFERS PRESENTED BY 1st July 2025 (Sellers Reserves the right to sell prior to set date) 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.
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Propriedade ID: 204219992
Original Propriedade ID: 204219992