The sale of a 10.7 hectare site at Haynes, Western Australia forms part of the "rapid residential development" happening within the area, according to Knight Frank.

Two large greenfields opposite the Coles-anchored Haynes Shopping Centre are being sold by the agency, with the property covering  two individual lots at 6 & 22 Wollaston Ave.

The site had a subdivision approval in place for 164 residential, ranging in size from 182-593 square metres.

At a glance:

• 10.7 hectare site for sale in Haynes, Western Australia.
• Property had a subdivision approval in place for 164 residential, ranging in size from 182-593 square metres.
• Property to be sold by Offers to Purchase closing on March 13, 2019

Knight Frank Western Australia Commercial Sales Director Tony Delich said the sale provided small to medium-sized residential developers with an opportunity to acquire a strategic land holding within one of WA’s fastest growing localities, with multiple amenities within close proximity to the site.

“The surrounding locality is predominately residential developments with established schools, parks and amenity and being opposite the brand new local shopping centre is a significant advantage,” he said.

“The City of Armadale has forecast to have a population of almost 145,000 residents by 2036 and it is recognized as one of the most affordable areas in Perth for new home buyers.”

Mr Delich said the property would be sold by Offers to Purchase closing on March 13, 2019.

Source: Knight Frank

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