338 Sydney Road

Gnangara WA 6077

4 ha.

Land

Currently for sale - view listing

Overview

THE ULTIMATE METRO LAND BANK | THE SYDNEY ROAD SUPERBLOCK

THE ULTIMATE METRO LAND BANK | THE SYDNEY ROAD SUPERBLOCK A Generational Urban Expansion Footprint: 4.00Ha to 7.75Ha High-Yield Strategic Land Bank Location: 338 Sydney Road, Gnangara WA 6077 (With adjacent 348 Sydney Road available) THE MACRO OPPORTUNITY Positioned directly within the City of Wanneroo's East Wanneroo District Structure Plan (EWDSP), this is a premium acquisition meticulously tailored for the astute institutional investor or volume builder playing the strategic long game. This is not just raw dirt; it is a meticulously positioned asset sitting squarely on the primary infrastructure spine of Perth's northern urban expansion corridor. STATUTORY PLANNING CERTAINTY (THE CORE DESTINY) This asset is not a speculative "hope-and-see" rezoning play. The underlying residential and commercial urbanization of this footprint is backed by absolute statutory certainty. Under the Western Australian Planning Commission's (WAPC) legally endorsed framework, this specific landholding is formally codified for "Urban Expansion" and designated as an "Urban Life" precinct. The State Government's framework explicitly states that the endorsement of this plan "provides certainty for landowners to progress divestment or development of their landholdings." The future division of this land mass is not a matter of political or planning chance—it is a locked-in statutory certainty where the only variable is your development staging and timing. THE CORE PROPERTY: 338 SYDNEY ROAD Massive Scale: 4.00 Hectares (40,000 square metres) of flat, highly usable land footprint. High-Yield Target Metrics: Features an Estimated Net Developable Area (NDA) of approximately 26,000 square metres, presenting a highly lucrative potential yield of 55–65 residential lots (STCA). Aggressive Holding Income: Fully equipped with functional commercial greenhouse infrastructure and a highly coveted, high-volume 27,000 KL Water Licence. The asset is designed to completely carry its own weight with active lease revenue while the broader master plan matures. THE STRATEGIC MOAT: THE ARTERY VS. THE VEINS Smart developers know that civil infrastructure dictates real estate value. The City of Wanneroo has explicitly designated Sydney Road as a core Integrator Arterial Road. From an engineering and logistical standpoint, the government cannot service or build the smaller residential "veins" further north without laying the primary, high-volume service trunk lines (deep sewer, power, and district water mains) directly past your front boundary first. By buying here, you are securing a front-row seat on the region's main infrastructure artery, ensuring early connection advantages when the localized development front rounds out. THE TRANSIT-ORIENTED DEVELOPMENT (TOD) ADVANTAGE The property sits within an immediate ~1.2 km structural corridor to the proposed Gnangara Transit Hub. Under Western Australian planning parameters, a footprint within this critical catchment zone provides a master planner with immense leverage to argue for intensified residential densities (R-codes), dramatically multiplying the baseline lot yield during the Local Structure Plan (LSP) phase. THE "SUPERBLOCK" POWER PLAY (COMBINED TRANSACTION) For institutional buyers looking to command absolute scale, we are also offering the adjacent title at 348 Sydney Road (3.75 Hectares). The Footprint: Combining both properties unlocks a massive, contiguous 7.75 Hectares (77,500 square metres) master-plan Superblock with over 240 meters of combined arterial street frontage. The Structure: Available as a combined portfolio package via two separate contracts and two separate titles, allowing syndicates maximum financial flexibility, staging capabilities, or tax-structuring options. Pre-DCP Control: Controlling a 7.75Ha layout pre-Developer Contribution Plan (DCP) finalization allows you to fully optimize open space networks and road efficiencies without boundary friction, while utilizing the residential dwelling on #348 as an immediate administrative or office base alongside #338's heavy water infrastructure. THE VERDICT This is an irreplaceable, blue-chip development site allowing an astute investor to buy in at raw, pre-DCP land bank prices, collect excellent holding yield, and control a massive future station-adjacent community. Express Your Interest Today. Property partner Michael Hieu Strategic Land & Residential Specialist The Agency 0403 456 786 Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.