EOI – 11 Muramats Road, East Arm

Highlights

• 11 Muramats Road, East Arm
• 78,500 square metres
• Titled and services passing
• Available for purchase and development
• 10m wide drainage easement exists along the south western boundary
• Purchaser to provide on-site waste water management

The Opportunity

Section 6090

Premium waterfront land now available for purchase and development in a growing marine support area of East Arm.

Details of the opportunity:

• Purchase and development will be facilitated via the Land Development Corporation’s (LDC) Development Lease tenure model (receive title once construction complete)
• Up to 5 years to complete your development
• Direct boundary exposure to Hudson Creek (subject to tidal movements)
• LDC is presently stockpiling 25,000m3 of soil material on the site. A sale transaction would exclude this material, which will be removed by LDC.

Commercial aspects:

• 10% deposit on exchange.
• Balance payable within 60 days.
• Proponent’s use to be consistent with Marine Industry Park strategic objectives.
• Reticulated services are available in the area subject to Power Water Corporation approval.
• Should a proponent’s power demand be greater than the current lot allowance, an additional infrastructure contribution payment may be applicable.
• The successful respondent will be required to execute sale contracts shortly after offer acceptance.

Submissions

Following information is required:

• Offer Amount (purchase price)
• Purchase entity
• Proposed use
• Development concept for the site
• Timing to develop

Close date for submissions is COB Friday 29 January 2025.

Review Criteria

In considering responses, LDC will have regard to the proposed use in line with the estate’s strategic objectives, as well as the commercial attributes of the response.

The information provided herein is provided for general information only and is not intended to be relied upon.