R60 DEVELOPMENT SITE - 1,295sqm COASTAL OPPORTUNITY

Developers, investors and land bankers - this is the one you've been waiting for.

28 Olive Road offers a rare chance to secure a large 1,295sqm flat block with R60 zoning in a tightly held coastal location just minutes from the beach.

Opportunities of this scale and zoning are becoming increasingly scarce in Falcon. With strong demand for higher-density housing in the Mandurah region, this site presents immediate development upside and long-term capital growth potential.
Development Highlights
• R60 zoning - ideal for multi-dwelling development (STCA)
• Generous 1,295sqm (approx.) landholding
• Approx. 20.21m frontage Ã?Æ'Ã?'Ã?â€'- 64.37m depth
• Flat, cleared block - minimal site preparation required
• Efficient rectangular layout for optimal design yield
• Strong potential for villa/townhouse development

Strategic Location
• Minutes to Falcon Bay & coastline
• Close to Peel Estuary & lifestyle amenities
• Walking distance to shops, transport and services
• High-demand area with ongoing residential growth
• Proven sales activity supporting redevelopment

Why This Site Stands Out
Ã?Æ'Ã?'¢Ã?Æ'…"" Large landholding rarely available in this location
Ã?Æ'Ã?'¢Ã?Æ'…"" High-density zoning already in place - no rezoning required
Ã?Æ'Ã?'¢Ã?Æ'…"" Flat block = reduced construction costs
Ã?Æ'Ã?'¢Ã?Æ'…"" Strong resale and rental demand in the area

Act Fast
Sites with this size, zoning and location are tightly held and rarely come to market.

Whether you're looking to develop immediately or secure a strategic coastal asset, this property represents a compelling opportunity in a growth corridor.

Serious offers invited - contact us today for further details.

Explore the area

View in Google Maps

School catchments

Falcon Primary School Primary K-6 Government 2.2km
South Halls Head Primary School Primary K-6 Government 2.4km
Frederick Irwin Anglican School - Halls Head Campus Primary Independent 2.6km
Halls Head College Secondary 7-12 Government 4.0km
Halls Head Primary School Primary K-6 Government 4.7km
Ocean Road Primary School Primary K-6 Government 5.6km
St Damien's Catholic Primary School Primary PP-6 Catholic 5.7km
Glencoe Primary School Primary K-6 Government 5.8km
Mandurah Catholic College Combined PP-12 Catholic 8.0km
Dudley Park Primary School Primary K-6 Government 8.1km
Mandurah Primary School Primary K-6 Government 8.3km
Coodanup College Secondary 7-12 Government 9.0km
Greenfields Primary School Primary K-6 Government 9.7km
John Tonkin College - Tindale Campus Secondary Government 10.3km
North Mandurah Primary School Primary K-6 Government 10.5km
Foundation Christian College Combined PP-12 Independent 11.1km
John Tonkin College Secondary 7-12 Government 11.2km
Assumption Catholic Primary School Primary PP-6 Catholic 11.2km
Riverside Primary School Primary K-6 Government 11.2km
Frederick Irwin Anglican School Combined PP-12 Independent 11.5km
Austin Cove Baptist College - California Crescent Campus Combined PP-12 Independent 13.2km
Mandurah Baptist College Combined PP-12 Independent 14.8km
St Marcellin Catholic College Combined PP-2 Independent 15.1km
Coastal Lakes College Secondary 7-12 Government 15.7km
Pinjarra Senior High School Secondary 7-12 Government 20.3km
Comet Bay College Secondary 7-12 Government 20.8km
Rockingham Montessori School - Karnup Campus Combined Independent 24.2km
Rockingham Montessori School - Port Kennedy Campus (Secondary) Secondary Independent 25.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.