Effective Property Solutions are excited to offer one of the only remaining commercial development sites in Lancelin, 64 Gingin Road, to the market for sale via 'Expressions of Interest' campaign. This exceptional parcel of land on the Lancelin beachfront features ‘Town Centre’ zoning and boasts two street frontages and a rear parking strip, with direct access to the beach and main jetty. JDAP has recently approved plans for a vibrant mixed-use development with the potential to deliver an iconic building with smartly designed accommodation in an increasingly popular destination known for its tourism, surfing and fishing hotspots. Proposed Development: DA approved - Building area of 4,836sqm - Accommodation featuring motel, units & chalets - Brewery or Tavern spanning 255sqm - Restaurant refurbishment incorporated into design plans - Car parking of circa 88 bays w/ public parking on beach The existing buildings on site consist of five office & warehouses (currently used as fishing depots), a restaurant fronting the beachfront and a four-bedroom residential property. The opportunity provides the potential buyer with solid holding income from the three tenants who are currently occupying the warehouses on rolling leases and using them as lobster depots. Expressions of interest close on the 13th of December at 4pm WST, please contact the exclusive selling agent for more information.
Email enquiry to Effective Property Solutions
Property ID: 504724912