Peet buys 17ha parcel in Baldivis

WESTERN Australian-listed developer Peet and Company has acquired a 17-hectare parcel of land in Baldivis, with the potential to create 200 lots. Peet business development director Anthony Lennon said the developer was aware of the strong growth in the south-western corridor and had achieved excellent results with the current Baldivis estate, ‘The Ridge’. “We propose to develop this elevated property into a first-class residential estate with lots designed to capture the striking escarpment views,” Mr Lennon said. “The property is in a sought-after location close to the proposed Baldivis town centre, a primary school, and other land estates, and is situated 1.7 kilometres from the Mundijong Road-Kwinana Freeway access. “Peet continues to look for suitable land acquisitions across Australia as part of its ongoing program of sourcing and developing well located land parcels,” he added.