Priced to sell!With access from Greatrex Road, Lower King Road and Norwood Road, this 16.86ha (41.7 acres approx.) site is zoned R20 and ideal for immediate development or longer-term land banking opportunities.Mostly covered in light scrub near the crest of a low hill, there is a very gentle slope and the opportunity for potential views to Oyster Harbour and King River from various positions on the site.WAPC development approval for 15 residential lots and 4 super lots has now expired but this and other alternative plans can be regenerated with much of the work and planning already done by current owners.Features:- 16.86 hectares (41.66 acres) with access from 3 roads- Surrounded by residential housing, farmland and opposite Oyster Harbour Estate- Around 1km from both King River and Oyster Harbour, boat ramp just down the road- Local shops, service station, shopping centre with major supermarket, primary school and recreation reserves nearby- Planning work for multiple development scenarios undertaken by current owners- Scheme water, sewer and power located close-by (development potential dependent on capacity)- Existing dwelling and shed in average condition with power connected- 10kms approx. from Albany CBD and major services- Rare, large landholding with residential (R20) zoningPlease contact Rob Mason for an information pack and further information or to meet onsite - 0411 615 806 or rob@masonrealty.com.au
The size of Lower King is approximately 9.2 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Lower King in 2011 was 1,738 people. By 2016 the population was 1,827 showing a population growth of 5.1% in the area during that time. The predominant age group in Lower King is 10-19 years. Households in Lower King are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower King work in a professional occupation. In 2011, 79.8% of the homes in Lower King were owner-occupied compared with 82.4% in 2016.
Lower King has 953 properties. Over the last 5 years, Houses in Lower King have seen a 71.52% increase in median value, while Units have seen a 14.24% increase. As at 31 October 2024:
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