Port Bouvard in $3m Dawesville land buy

COMO-BASED land development company, Port Bouvard Ltd, will purchase a further 17 hectares in Dawesville for almost $3 million, subject to the approval of the WA Planning Commission. Last month, the company indicated that it was pursuing a number of other suitable residential broadacre acquisitions in Western Australia to be developed via syndication or joint ventures. The company is currently working to a 12-month program of receiving approval, developing and marketing the proposed lots, and was still evaluating other opportunities in the area. The land is geographically separate from the company’s $100 million, three-stage Port Bouvard Residential Resort Estate, which is due to take three years to complete.

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