Huge Aged Care Site
1-8 Paradise Quays, Ballajura WA 6066
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Commercial LandSize: n/a
Block size: 4.08 Hectares approx.
Knight Frank, as the exclusive agent is pleased to offer for sale via Offers to Purchase 1-8 Paradise Quays, Ballajura, two separate parcels sold as one.
The sites comprises a huge 4.08ha*, spread between two neighbouring sites of 2.49ha* and 1.59ha* either side of Paradise Quays.
The offering provides a rare and exciting opportunity for developers and operators of Retirement Village and Aged Care to acquire the landmark site, on the corner of Paradise Quays and Alexander Drive.
The approved zoning for Retirement Village and Aged Care creates a great need for the City of Swan with their well-documented ageing population. Currently with a diverse population of almost 150,000 people, of which 20% are over 55. Projections show that Ballajura will see a population increase of 1,822 for residents aged 55 and over and 737 additional residents aged 70 and over in the period up to 2026, with that to increase further in time.
The site is situated on the corner of Alexander Drive and Paradise Quays, just 13km from the Perth CBD. The site is surround by a multitude of residential dwellings, a small shopping complex, Emu Swamp Reserve, and the high-profile Alexander Drive.
A 100% freehold interest of 1-8 Paradise Quays is offered for sale in one line via an "Offers to Purchase" campaign closing Wednesday, 3pm (AWST), 29 May 2024.
As a condition of acceptance and settlement, the preferred buyer will be required to provide a concept plan of their indicative development over the two sites. (This will not be required in the initial EOI process).
To arrange an inspection or further details, please contact the exclusive selling agents:
Cory Dell'Olio
0422 177 247
Tony Delich
0418 926 410
The sites comprises a huge 4.08ha*, spread between two neighbouring sites of 2.49ha* and 1.59ha* either side of Paradise Quays.
The offering provides a rare and exciting opportunity for developers and operators of Retirement Village and Aged Care to acquire the landmark site, on the corner of Paradise Quays and Alexander Drive.
The approved zoning for Retirement Village and Aged Care creates a great need for the City of Swan with their well-documented ageing population. Currently with a diverse population of almost 150,000 people, of which 20% are over 55. Projections show that Ballajura will see a population increase of 1,822 for residents aged 55 and over and 737 additional residents aged 70 and over in the period up to 2026, with that to increase further in time.
The site is situated on the corner of Alexander Drive and Paradise Quays, just 13km from the Perth CBD. The site is surround by a multitude of residential dwellings, a small shopping complex, Emu Swamp Reserve, and the high-profile Alexander Drive.
A 100% freehold interest of 1-8 Paradise Quays is offered for sale in one line via an "Offers to Purchase" campaign closing Wednesday, 3pm (AWST), 29 May 2024.
As a condition of acceptance and settlement, the preferred buyer will be required to provide a concept plan of their indicative development over the two sites. (This will not be required in the initial EOI process).
To arrange an inspection or further details, please contact the exclusive selling agents:
Cory Dell'Olio
0422 177 247
Tony Delich
0418 926 410
Inspections
No open inspections scheduled.
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Contact Cory Dell'Olio to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Commercial Land
Block Size:
4.08 Hectares*
Other Details
Maps and area information
Block information
Block size: 4.08Hectares (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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SummaryMedian sales
Average Age
40 years
Population
18,459
Listing ID: 182481065. This listing has been viewed 0 times. It was first displayed on 29/04/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.