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RECENT ADVICE
Sold on 31 May 2024 for $1,672,000

Giorgi Road
Picton East WA 6229

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 100129m2
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Property Details for Giorgi Rd, Picton East

Building Type
Land
Land Size
100129m2
Local Government
Dardanup
Lot/Plan
2009/P043721

Last Listing description (August 2024)

As Exclusive Selling Agent we are pleased to present For Sale, Lot 2009 Giorgi Road, Picton East.

The property provides 10.0129ha of farming land of which 2.6ha is peppercorn ground leased until 25 June 2029 and improved with a Lessee owned fuel refinery including settling/evaporation pods.

Located just off South Western Highway on the southeast corner of Giorgi and Temple Roads in Picton East, a developing industrial locality on the eastern outskirts of the Bunbury urban areas, some 7km east-southeast of the city centre.

Key Features:
- 10.0129* ha remnant farming land
- 2.6ha* portion of the site ground leased and improved
- 213.9m* frontage to Giorgi Road
- The site has been identified for future industrial development.
- Power, water and communication services are available/connected to the property

Zoning:
"General Farming" under the Shire of Dardanup Town Planning Scheme No. 3.
The property is also zoned 'Industry' under the terms of the Greater Bunbury Region Scheme.

For further information, please do not hesitate to contact the Exclusive Selling Agent Vincent Siciliano.

*approximate

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Property History for Giorgi Rd, Picton East, WA 6229

A timeline of how this property has performed in the market
Last Sold
$1,672,000
31 May 2024
  • 18 Jun 2024
    Listed for Sale Contact Agent
  • 31 May 2024
    Sold for $1,672,000
  • 14 Dec 2023
    Listed for Sale Contact Agent
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About Picton East 6229

The size of Picton East is approximately 12.5 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Picton East in 2011 was 513 people. By 2016 the population was 101 showing a population decline of 80.3% in the area during that time. The predominant age group in Picton East is 50-59 years. Households in Picton East are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Picton East work in a machinery operators and drivers occupation. In 2011, 49% of the homes in Picton East were owner-occupied compared with 53.8% in 2016..

Picton East has 170 properties. As at 31 October 2024:

  • The median value for Houses in Picton East is $1,214,878 while the median value for Units is $264,478.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Picton east on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Picton east.

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