Perth Residential Development Site Sale – realestatesource https://www.realestatesource.com.au Commercial and residential property news Sun, 13 Mar 2011 04:00:16 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Perth Residential Development Site Sale – realestatesource https://www.realestatesource.com.au 32 32 Coronada Pays $4.8 Million For Alexander Heights Site, Perth https://www.realestatesource.com.au/coronada-pays-48-million-for-alexander-heights-site-perth/ Sun, 13 Mar 2011 04:00:16 +0000 http://realestatesource.com.au/wordpress/coronada-pays-48-million-for-alexander-heights-site-perth.html CORONADA Investments has paid $4.8 million for a 2.23 hectare residential development site in Perth’s Alexander Heights.

The Perth-based company paid $217 per square metre for the land which is zoned to include around 33 residential lots.

The property, at 67 Goldworthy Entrance, was sold by a private landholder.

Jones Lang LaSalle marketed the site as one of the last infill development sites in the suburb.

]]> Yanchep Site, Perth, Expected to Sell For Near $13 Million https://www.realestatesource.com.au/yanchep-site-perth-expected-to-sell-for-near-13-million/ Thu, 04 Nov 2010 04:52:07 +0000 http://realestatesource.com.au/wordpress/yanchep-site-perth-expected-to-sell-for-near-13-million.html A MAJOR residential development site in Yanchep, a precinct of Perth once known as a weekend getaway destination, has hit the market for the second time in three years.

The 10,000 square metre block, divided into four titles, were purchased by boutique Perth developer Match for $13.2 million at the peak of Perth’s real estate market in 2007.

Colliers International’s head of department project residential, land marketing and tourism, Nick DiLello said the site may achieve that price again, now the market has recovered somewhat from the downturn.

]]> He told the AFR he still expects the site to achieve a double digit price.

Yanchep is becoming part of Perth’s northern suburbs, with several residential land estates in the area. Lend Lease was recently awarded the Alkimos project near the area. Western Australian based developer Peet & Co is also in the area.

Deloitte is acting as the receiver for the property.

 

 

Related articles:

WA Government Appoints Delfin Lend Lease Preferred Developer For Alkimos Community Development

]]> Satterley Pays $94 Million for Heron Park Development Site, Perth https://www.realestatesource.com.au/satterley-pays-94-million-for-heron-park-development-site-perth/ Mon, 27 Sep 2010 04:58:29 +0000 http://realestatesource.com.au/wordpress/satterley-pays-94-million-for-heron-park-development-site-perth.html DEVELOPER Satterley has paid $94 million for a 104 hectare residential development site in its home town of Perth.

The land is able to yield 1200 lots, and is located in the city’s south-east.

“At a time when a land shortage is looming, this is a very important big picture buy,” Satterley founder Nigel Satterley told the AFR.

The new estate abuts Satterley’s Heron Park estate.
]]> The sale follows that by Lend Lease earlier this year, which purchased 710 hectares in Alkimos from the West Australian government.

]]>