Onslow development site looks to attract mining companies’ interest

Onslow development site looks to attract mining companies’ interest
Jennifer DukeDecember 7, 2020

A 2.37 hectare development site in Western Australia’s Onslow, the LNG hub of the state, is up for sale, according to Raine & Horne Commercial WA.

The Lot 381 Third Street site is at the highest point in the town, with an expected sales result in the seven or eight figure bracket.

Raine & Horne Commercial WA director Anthony Vulinovich said that one of the potential uses for the site is employee accommodation, that he says is particularly suitable due to its proximity to the centre of Onslow and the views over Beadon Bay. This would be allowed under the Shire of Ashburton’s tourism zoning for the site that allows for workforce accommodation.

Discretionary approval is in place for grouped and multiple dwellings, workforce accommodation and commercial uses.

He also noted that there are other land blocks available.

“There is more strategically placed land for industrial subdivision near the airport that will allow for town-based workforce growth among the LNG and associated industry providers,” said Vulinovich.

“Close to the town centre, there is a lack of land zoned for industrial accommodation. When this becomes available, we believe worker accommodation will also be in demand, and our site can cater for a single or multi-stage accommodation development.

“Australia-wide and in particular for WA, this property represents a very rare investment opportunity, being a 23,700 sqm site incorporating elevation, size, access, and viability to develop product with a market that could simply be massive now, while the future scope is unlimited.”

The vendor is a private syndicate.

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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