348 Sydney Road

Gnangara WA 6077

Strategic East Wanneroo Landbank | 3.75ha | Dwelling + Water EntitlementA rare opportunity to secure a strategic landholding within the East Wanneroo District Structure Plan area one of Perth's most significant long-term urban expansion corridors.Unlike single-title opportunities, 338 & 348 Sydney Road may be acquired individually or together, allowing purchasers to secure either a standalone East Wanneroo holding or a combined 7.75ha strategic position with approximately 240m of Sydney Road frontage.348 Sydney Road, Gnangara comprises approximately 3.75ha / 37,500sqm of adjoining strategic land with an existing dwelling, cleared and usable land, irrigation infrastructure and a substantial water entitlement.Positioned within the future Urban Life precinct, the property offers landbank value, holding income potential and future urban exposure within the East Wanneroo growth corridor.This is a strategic pre-LSP landbank opportunity, not a shovel-ready subdivision site. Future development remains subject to Local Structure Plan preparation, detailed planning, servicing, infrastructure delivery, statutory approvals and purchaser due diligence.Key HighlightsApprox. 3.75ha / 37,500sqmPositioned within the East Wanneroo District Structure Plan areaFuture Urban Life precinct contextExisting residential dwellingCleared and usable landIrrigation infrastructureApprox. 48,650kL water entitlementPotential residential holding incomeStrategic Sydney Road locationPotential interim use opportunities, subject to approvalsAvailable individually or together with 338 Sydney RoadDwelling + Holding Income Potential348 Sydney Road includes an existing residential dwelling, providing potential holding income, caretaker accommodation, site office use or future project administration flexibility, subject to purchaser requirements and approvals.The property also includes cleared and usable land, irrigation infrastructure and a significant water entitlement, making it more than a passive landbank.Combined Opportunity348 Sydney Road may also be acquired together with adjoining 338 Sydney Road, creating a combined landholding of approximately 7.75ha / 77,500sqm with approximately 240m of Sydney Road frontage.The combined opportunity provides scale, frontage, water entitlement, existing improvements, holding income potential and greater flexibility for future planning outcomes.Sale ProcessThe property is offered via Expressions of Interest.The vendors invite formal, market-driven offers from qualified purchasers seeking a strategic position within East Wanneroo's future urban corridor.All formal offers will be assessed on their overall commercial merits, including price, deposit, settlement timeframe, due diligence period, conditions and purchaser capacity to proceed.Important NoticeAll areas, distances, yields, water entitlement information, income potential, planning information, infrastructure information and development outcomes are approximate and indicative only.Any future development, subdivision, interim use, stockpiling, hardstand use, leasing, water use or transfer is subject to purchaser due diligence, relevant authority approvals, planning approvals, service authority requirements and all applicable regulations.Interested parties must make their own independent enquiries and seek their own professional advice.Contact Michael Hieu Newing for further information or to request the Information Memorandum.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.