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3 Veneto Lane Mandurah, WA 6210

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3 Veneto Lane,
Mandurah, WA 6210

Development Sites & Land • Hotel, Motel & Leisure

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Landmark Development Site - Mandurah Ocean Marina

CONSTRUCT COMPLETE CAPITALISE

CB Richard Ellis is delighted to have the opportunity of offering for sale 3 Veneto Lane, one of Mandurah Ocean Marina's landmark development sites.

The property comprises a partially completed multi level apartment development with spectacular views to the southeast over La Volta Canal to the Mandurah Inlet and to the west out over the Indian Ocean. (Upper level views only)

Present development is to a third floor plate height where construction has ceased. Approval was for a 6 level residential development comprising 11 luxury apartments, 9 of which where commenced, ranging from 2 bedroom x 2 bathroom to 4 bedroom x 2 bathroom apartments. The development also comprises 19 car bays on the ground floor.

The opportunity exists for a builder, developer or syndicate of owners to purchase "As Is" and complete the development in accordance with the current plans, or if seen fit, amend the development and ultimately prosper from the sale of individual apartments as the residential property market improves.

SALE PROCESS
The property is being offered for sale on behalf of PPB, Receivers and Managers appointed, by the Offers Invited Process with submissions closing at 2pm Friday 20th November 2009.

DETAILS
To discuss further and to obtain a detailed Information Memorandum or contract,
please contact exclusive selling agents:

Ryan McGinnity - 0417 719 7...
Michael Milne - 0403 466 603
Murray Davies - 0409 885 099

Property ID: 5589391Last Updated: 21 Sep 2017

04177197...
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3 Veneto Lane
Mandurah, WA 6210
CBRE - Perth
Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
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