Falcon, 16 Olive Road

for sale  $450,000

FALCON COMMERCIAL OPPORTUNITY!!

Two adjoining parcels of land are set to be given a huge boost in value by the City of Mandurah’s Falcon Precinct Plan.
The plan is currently before the Western Australian Planning Commission and is expected to be approved by the end of the year. It is a plan that has already been reviewed by the WAPC and has undergone some changes by the City of Mandurah as a direct result of the WAPC review.
The plan will steer the future development of Falcon particularly the Commercial precinct.
16 & 18 Olive Road are offered for sale either as individual lots or as a parcel, depending upon the buyers circumstances. Both lots are 1295m2 and under the new plan both will have commercial and residential mixed use opportunities.
16 Olive Road is a rectangular vacant block of land... Read More

Two adjoining parcels of land are set to be given a huge boost in value by the City of Mandurah’s Falcon Precinct Plan.
The plan is currently before the Western Australian Planning Commission and is expected to be approved by the end of the year. It is a plan that has already been reviewed by the WAPC and has undergone some changes by the City of Mandurah as a direct result of the WAPC review.
The plan will steer the future development of Falcon particularly the Commercial precinct.
16 & 18 Olive Road are offered for sale either as individual lots or as a parcel, depending upon the buyers circumstances. Both lots are 1295m2 and under the new plan both will have commercial and residential mixed use opportunities.
16 Olive Road is a rectangular vacant block of land with a 20.12 metre frontage to Olive Road. The future Precinct plan shows an additional road to be constructed at the rear of the lot which will provide two street frontage, ideal for a commercial development.
18 Olive Road is also a rectangular 1295m2 lot with a three bedroom cottage leased till April 2009, providing an immediate income from settlement. The Precinct plan shows a new road to be constructed on the eastern side boundary of 18 Olive Road, turning this lot into a corner lot offering three street frontage.
Both these lots are ideal for a commercial development in the ground floor and residential uses on the two floors above.
Interested parties should contact Frank Lawrence on 0412 903375 or 9535 1822 at H & N Perry Estate Agents.