156 Truscott Crescent, Exmouth, WA 6707

Under instruction from the Mortgagee in Possession, RWC WA and Ray White Exmouth proudly present a rare opportunity to secure a prominent tourism development site, within the globally renowned tourist destination of the North West Cape. This strategic site offers a generational opportunity for a developer to leave an ever lasting imprint on the fabric of the Exmouth region.

Comprising a regular shaped allotment, only 2km* from the Exmouth Town Centre, the site benefits from a 200m* frontage to the coastline, offering exclusive, uninterrupted oceans views. The property is strategically zoned Tourism - R40 offering a range of development possibilities. A previous DA, now lapsed, for the construction of a resort comprising 212 apartments is likely to harbour significant support for reapproval.

The previous approval allowed 20 permanent residences and subject to Council approval up to 40% of the total number.

With sites like the UNESCO World Heritage Listed Ningaloo Coast a stones throw from the property, coupled with the regions all year round tropical climates and pristine ocean, demand for short and long term accommodation only continues to grow in this region.

Property features include:

• 3.4396 hectares

• 200m* of coastline frontage

• 2km* from Exmouth Town Centre

• Previous DA for a 212 resort style apartment development (inc 20 permanent residences)

• Tourist location with all year round sunny, tropical climate

• Favourable Tourism - R40 zoning offering multiple development options

• Current Exmouth residential vacancy of 0.11%

Expressions of Interest closing Thu 14 Nov 2024 at 4pm AWST

As we are instructed by the Mortgagee to sell this property, we are unable to give price guidance.

Should you have any further questions or require additional information, please do not hesitate to contact the agents:

Mark Lucas

Principal

Ray White Exmouth

0439 494 481

mark.lucas@raywhite.com

Brett Wilkins

Director of Capital Markets

RWC WA

0478 611 168

brett.wilkins@raywhite.com

*Approximate

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