Western Australia

Development opportunities to boost WA economy and jobs

The private sector has been invited to invest in pipeline of more than 30 precinct-scale project opportunities aimed at creating jobs and better communities across Western Australia.

The WA Government showcased the range of LandCorp’s commercial, residential and industrial projects available for investment across metropolitan and regional areas.

2017’s event highlighted three new major lots with potential for aged care, quality mixed use infill and residential development close to public transport links.

The three lots – Shoreline at Cockburn Coast, Claremont on the Park and Parkside Walk in Jolimont – were released to the market. Together, the three sites will have a total value of $122 million and are expected to deliver 191 new homes once completed.

Meanwhile, development around the WA Government’s METRONET rail extension to Yanchep is expected to open up development opportunities at Alkimos Central. The Alkimos Central precinct is currently in its planning stage as a new activity centre around the future METRONET rail and bus station opening in 2021.

Further metropolitan projects, such as stage 1B at the Murdoch Health and Knowledge Precinct, extra sites at Parkside Walk in Jolimont, Montario Quarter in Shenton Park and Alkimos are expected to be released to market in 2018.

Residential and commercial development opportunities in regional WA, including Albany’s Middleton Beach Activity Centre, were also flagged as major opportunities.

A wide selection of commercial and industrial lots is also available at 18 of LandCorp’s industrial estates across WA, which will boost local employment opportunities.

Source: WA Government