Lot 91 Paull Street & Lot 157 Ronlyn Road, Furnissdale is an englobo development site consisting of 7 hectares located in the southern growth suburb of Furnissdale approved for a 81 lot subdivision. Located within the Peel region, 5km south east of Mandurah and 70km south of Perth in close proximity to the Serpentine River entrance to the Peel inlet (the extensive canal system).
This is a large land holding in a youthful growing suburb 70km south of Perth CBD. This property has excellent residential subdivision plus aged care/retirement potential, given its location and progressed planning status. It is strategically located in the Southern Peel growth area of Furnissdale.
Key highlights include:
| Sales Analysis | |
| Sale price: | $1,125,000 + GST |
| Sale sate | March 2023 |
| Price/ha of land | $160,714/ha |
| Vendor | Perth syndicate |
| Purchaser | Private Brisbane developer |
| Sales process | Sold after an offering to the open market by Private Treaty – 52 enquiries, 6 offers |
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