Point Grey south: Sale of 591-hectares of land expected to be finalised this week

Years after protests quashed plans for a 330-berth marina at Point Grey another huge parcel of land in the area is about to change hands.

The 591-hectare Point Grey south property has been owned by Perth home builders and cattle graziers the Plunkett family for more than 50 years.

The Point Grey south development plan could accommodate 753 residential lots on top of the 3000 planned for nearby Point Grey.

Industry sources say the land could go for more than $12 million.

Head of JLL WA Capital Markets Nigel Freshwater did not confirm the price but did say they expected to accept an offer on Monday.

He said there had been interest from developers but also those wanting to run cattle and build a big house on the water.

The land includes five kilometres of estuary frontage and the renovated 1850’s Culjum House heritage short-stay cottage.

The heritage cottage costs $231 a night on Airbnb, sleeps four and has direct access to the Peel-Harvey estuary.

Mr Freshwater said the housing estates planned for Point Grey had sparked a lot of talk about urban sprawl.

“But we’ve had a lot of people talking to us about the fact that following COVID there are people who want to be in a little satellite community not far from the city, but not in the city because it feels like it might be a bit safer,” he said.

“The other thing that people have been saying, is ‘Well, if you’re ever going to have an opportunity for an off-grid community with its own water source, its own sewage treatment and to be able to Lord those green credentials and have something that’s net-zero – you need a satellite community’”.

According to Mr Freshwater, the southwest corridor is one of the fastest-growing urban expansion areas.

Hong Kong-based developer Tian An Australia had big plans for the area 20 years ago with the marina, thousands of residential blocks and retail proposed.

But for over a decade the City of Mandurah and Shire of Murray, politicians and environmental organisations protested against these plans due to the environmental impact and concerns about the dredging required to maintain a marina.

In 2020, the Shire of Murray voted against this proposal, a decision that was upheld by the State Administrative Tribunal.

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