THE first four super lots in the $220 million Mandurah Ocean Marina project have been placed on the market.
Lot 1, with an area of 24,148 square metres and zoned for tourism, is expected to be sold for a resort-style development.
Lot 3, of 4,612sqm, is zoned tourist/mixed used residential and would be ideal for ground floor cafés, retail-based businesses and accommodation.
Lot 5 has an area of 6,335sqm and Lot 6, of 8,556 sqm, is zoned mixed use/residential with a density range of R40 to R160.
Lands Minister Doug Shave said the release offered exciting development opportunities.
“Approximately 60 per cent of current Mandurah visitors are day trippers and there is great potential to convert a number to overnight stays,” Mr Shave said.
“The pace of development and a predicted resident population of 50,000 within the next few years highlight the region’s potential,” he said.
Member for Dawesville, Arthur Marshall said the sale of the lots would be an important step for the region’s strong economic growth.
He said the Marina was planned in such a way that it enabled developers to suit market needs with a range of business and investment opportunities.
