$1,400,000 + GST
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100 Le Grande Avenue, Orana WA 6330

Land
Block size: 2.8 Hectares approx.

SUBSTANTIAL DEVELOPMENT BLOCK

Strategically positioned on the northern entrance to Albany in a growing residential area rich with amenities, this vacant development block of 2.81ha represents a potentially lucrative opportunity for a shrewd investor.
The land, which slopes gently up from the road towards the rear, is mostly cleared with a few pockets of native bush remaining. This land has the potential to be be subdivided from 35 residential lots upwards, with current zoning being residential R30.
Completing site works and access roads, building retaining walls where necessary, and installing services would prepare the blocks for release to home builders recognising the myriad benefits of living conveniently close to amenities and only eight minutes' drive from the CBD.
The block shares a boundary with land occupied by Coles supermarket to one side and to bush on the other.
Apart from the proximity to Coles, the site is a short distance to a pharmacy, fuel and liquor supplies, parks, the high school and TAFE. The primary school is a few minutes' drive away.
To preserve the integrity of the subdivision while promoting diversity in housing design, buildings would be subject to the City of Albany's Neighbourhood Centres policy, so residents would be assured of a high aesthetic standard throughout the development.
This is a prime land holding with prospects for excellent profits in a growing market for well-located home sites.

What you need to know:
- 2.81ha vacant development block
- Potential to be be subdivided from 35 residential lots upwards
- Gently sloping, mostly cleared
- Close to amenities borders Coles supermarket, near schools, shops, pharmacy, fast food, TAFE, fuel, liquor supplies
- Eight minutes from CBD
- Mostly cleared and ready for site works, access roads, retaining walls and installation of services
- Potential for excellent profits

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jeremy Stewart to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Land
Block Size:
2.8 Hectares*

Other Details

Lot:
402
Legal description:
P037217/402
Merrifield Real Estate

Maps and area information

Block information
Block size: 2.8Hectares (approx)
Legal description: P037217/402
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Orana's suburb profile

Orana suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
2,035
Listing ID: 182203808. This listing has been viewed 4 times. It was first displayed on 09/01/2024 and last updated on 10/04/2024.
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.