Introducing this rare opportunity for mixed-use land located within the Albany City Centre. With flexible zoning and 343m2 of raw earth to work with, this property represents a wealth of opportunity for the savvy investor. Zoned as "R40, Regional centre mixed-use" this property offers both residential and commercial potential. Thanks to its central location, it's sure to be in high demand no matter where your development ambitions lie. Minutes away from a plethora of local amenities, location doesn't get much better than this. Sitting comfortably within the catchment area of both Albany Primary and Senior High School, this property ticks all the boxes for families focused on a top-level education. With so many of Albany's cafes, restaurants, pubs, businesses and recreational areas right on your doorstep, it's safe to say you can leave the car at home. Features - 343m2 of vacant land- R40, Regional centre mixed use ZoningLocal Amenities - Lockyer Ave Shopping district: 130m- York St Cultural Hub: 450m- Ashes and Albany Primary: 700m - Albany Leisure and Aquatic Centre: 1.2km- Princess Royal Harbor: 1.3km- Middelton Beach: 3.1km *DisclaimersThe walking distances are estimates provided by Google and NearmapsAll information regarding any development works is based on the City of Albany's Local Planning Scheme. All buyers interested in the property's development potential must do their own Due Diligence.
The size of Centennial Park is approximately 2 square kilometres. It has 1 park covering nearly 28% of total area. The population of Centennial Park in 2011 was 568 people. By 2016 the population was 620 showing a population growth of 9.2% in the area during that time. The predominant age group in Centennial Park is 70-79 years. Households in Centennial Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centennial Park work in a trades occupation. In 2011, 51% of the homes in Centennial Park were owner-occupied compared with 53.8% in 2016.
Centennial Park has 838 properties. Over the last 5 years, Houses in Centennial Park have seen a 62.59% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.