Ambergate North land package offers master-planned community 3km from Busselton.
A major residential subdivision opportunity with the potential to deliver nearly 2000 lots in the thriving South West town of Busselton has been brought to market by Colliers International.
The 273ha Ambergate North land package consists of adjoining parcels of land just three kilometres from the Busselton town centre.
It will be sold by Colliers International agents Erwin Edlinger and Greg O’Meara, who said the land could yield eight development stages and was one of Busselton’s most significant land developments.
“With the potential to deliver a master-planned residential development, Ambergate North is a long-term development opportunity in a high-amenity community that offers an enviable coastal lifestyle,” Mr Edlinger said.
Ambergate North has five contiguous land parcels and is bordered by the Busselton Bypass and Chapman Road and is three kilometres from the Busselton foreshore and 500m from the Busselton Golf Course.
Mr O’Meara said the land was located at the southern end of Busselton’s existing development front and had long been earmarked by the City of Busselton as the logical southern expansion to meet urban growth.
“Like the Perron Group’s Vasse Newtown and the Satterley Property Group’s Provence Estate in Busselton, the plans for Ambergate North include high quality community and civic infrastructure including schools, parks and bushland,” Mr O’Meara said.
The land is zoned ‘Special Purpose Ambergate Development’ by the City of Busselton and a district structure plan and development guide plan have been approved to guide its development and subdivision.
Busselton is one of WA’s fastest growing regions and its population of 34,000 is expected to grow at four per cent per annum, making the coastal town home to 55,000 residents by 2026.
With the Margaret River wine region and Yallingup’s famous surf beaches just a scenic drive away, it is also one of WA’s most popular tourist destinations.
To meet its population growth, a $60 million upgrade of the Busselton Airport is planned which will allow for air services to interstate destinations and the City of Busselton has completed the first stage of a foreshore development. The State Government has completed a new hospital and has started planning for a new campus for the South West Institute of Technology.
“With direct access to the town centre, foreshore, golf course and airport, we are likely to receive strong interest from local, national and overseas developers in the Ambergate North land package,” Mr Edlinger said.
The Ambergate North land will be sold via an international expression of interest campaign which closes at 4pm on Wednesday, August 15, 2016.