CBRE are pleased to offer for sale 64 Gingin Road, Lancelin by Invitation to Offer.This is a rare opportunity to purchase a freehold property zoned Town Centre on the pristine foreshore of Lancelin with direct access to the beach and Lancelin Jetty. Comprising 7,766* square metres, this will appeal to businesses seeking entry/expansion into the live lobster industry along with land-bankers/developers seeking an iconic property to enjoy with holding income. The property has excess land available for development options. Facilities on site include: - Live lobster depots with office and warehouse facility that can be used by the owner or tenants. - A secondary building built in 2001, comprising a restaurant and a four-bedroom, two-bathroom residence. The 5 depots have a supporting office and warehouse facility which can be used by new tenants. The facilities continue as a receival point for the live lobster industry with three commercial tenants exporting fresh lobster to the world.Given the property location, pristine environment and excellent jetty access, CBRE expect strong interest from local and international buyers. There is nothing else that compares with this property in Western Australia.*approx
The size of Lancelin is approximately 44 square kilometres. It has 4 parks covering nearly 14.8% of total area. The population of Lancelin in 2011 was 606 people. By 2016 the population was 736 showing a population growth of 21.5% in the area during that time. The predominant age group in Lancelin is 60-69 years. Households in Lancelin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lancelin work in a labourer occupation. In 2011, 61.5% of the homes in Lancelin were owner-occupied compared with 61.7% in 2016.
Lancelin has 1,252 properties. Over the last 5 years, Houses in Lancelin have seen a 90.60% increase in median value, while Units have seen a 8.10% increase. As at 31 October 2024:
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