Expressions of interest are being sought for a sizeable land plot with residential development potential south of Perth.

The 3.8-hectare Rockingham site adjacent to Lake Richmond offers two-street frontage and is opposite the Rockingham Beach Primary School. 

LJ Hooker Commercial Perth Joint Director/Principals Brian Neo and Vincent Siciliano are managing the campaign on behalf of Defence Housing Australia.

At a glance:

• Lots 1512 & 5000 Lake Street in the Perth suburb of Rockingham are being marketed for sale via an expression of interest campaign.
• LJ Hooker Commercial Perth Joint Director/Principals Brian Neo and Vincent Siciliano are managing the campaign on behalf of Defence Housing Australia.
• The property has an approved Local Structure Plan, allowing for a mixture of residential development from apartments to detached dwellings across a two to four-storey height guide.

Mr Neo said the Lake Street site had become surplus to the needs of Defence Housing Australia and presented a rare infill opportunity for developer or consortium.

“The size of the site delivers the scale that will trigger interest from a wide array of developers,” he said.

Source: LJ Hooker Commercial Perth

“Being bordered by bushland and Lake Richmond to the immediate south offers a unique amenity for a developer.

"Being adjacent to the Rockingham Beach Primary School and only minutes’ drive from the popular Mangles Bay Fishing Club also creates a convenient lifestyle for future residents.”

Vincent Siciliano said the property's approved Local Structure Plan allowed for a mixture of residential development from apartments to detached dwellings across a two to four-storey height guide.

“The approved Structure Plan estimates the opportunity for 340 apartments," he said.

Source: LJ Hooker Commercial Perth

"Depending on the product mix, design and approvals, a small-lot development yield may be in the order of 120 lots or more.

“The nature and developability of the site, yield potential and ease of staging make this the kind of site many developers have been keenly investigating throughout the metropolitan area.

"Rockingham’s industrial workforce has also been boosted by the recent decision through confirmation that six Cape Class patrol vessels for the Royal Australian Navy are to be built at the Henderson Shipyard.

For more information, contact Mr Neo or Mr Siciliano via the details provided below.

Click here to view the listing.

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