FOR SALE
$1,400,000 + GST

100 Le Grande Avenue
Orana WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3ha
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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
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Property Details for 100 Le Grande Ave, Orana

Building Type
Land
Land Size
3ha

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About Orana 6330

The size of Orana is approximately 2.4 square kilometres. It has 4 parks covering nearly 6.6% of total area. The population of Orana in 2011 was 2,009 people. By 2016 the population was 2,075 showing a population growth of 3.3% in the area during that time. The predominant age group in Orana is 0-9 years. Households in Orana are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a labourer occupation. In 2011, 57.8% of the homes in Orana were owner-occupied compared with 60.9% in 2016.

Orana has 1,015 properties. Over the last 5 years, Houses in Orana have seen a 65.01% increase in median value, while Units have seen a 16.72% increase. As at 31 August 2024:

  • The median value for Houses in Orana is $437,701 while the median value for Units is $262,728.
  • Houses have a median rent of $480.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Orana on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Orana.

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Jeremy Stewart
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Merrifield Real Estate
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