The prime value driver for all investments.
Industrial land is at a premium in the Perth metropolitan area. The Tonkin Park Industrial Estate, offers very good value for money and has become a significant business and industrial hub. The last vacant sites are disappearing quickly. In contrast to the comparative industrial precincts of O’Connor, Welshpool, Balcatta and Malaga which are the same distance from Perth CBD, the Tonkin Park Industrial Estate has superior transport and access links. It has immediate access to the Tonkin Highway providing direct links to Perth Domestic and International Airports, and the Great Eastern Highway. From Bassendean you can be in the CBD in just 15 minutes and Fremantle Port in 30 minutes.
The Ashfield Precinct Plan implements initiatives to actively encourages Transport Orientated Development (TOD) which is high density development around railway stations and railway corridors.
A recent survey for the Ashfield Precinct Plan asked what were the key factors influencing purchaser’s decisions when considering high density housing. The result was affordability, proximity to public transport and proximity to shops and services. Ashfield has all three. The new Park Estate adjacent to Bassendean railway station is a perfect example of high density Town Houses. It is close to all amenities and services, and not surprisingly this estate has enjoyed strong demand.
A distinguishing factor of Bassendean is its range of housing options. From the new Town Houses close to transport links, through to spacious homes over looking the Swan River with polished floors and lead light windows, prospective buyers enjoy a choice not found in other suburbs.
This view has been endorsed through national surveys that identified those suburbs that represent good value for money based largely on location, necessities and social options or ‘strategic affordability’. Bassendean achieved its place on the National Hot Spot radar because of the amenities in and adjacent to the town. These include 5.4km Swan River frontage, cycle trails and walking trails to suit all ages and interests through Ashfield Flats, Sandy Beach Reserve, Pickering Park, Point Reserve and Success Hill Reserve. It is also only a short distance from Perth’s Valley of Taste, the Swan Valley and Midland where the Railway Workshops are experiencing a renassance with the Super Clinic Development, new Swan Valley Hospital and FORM’s Atelier.
Bassendean Town Centre Area Strategy
Bassendean Town Centre is an excellent model of an existing urban village on the Midland Rail corridor; with its historical main street, Bassendean Oval and surrounding residential areas.
The Town Centre Area Strategy illustrates the outcomes which can be achieved in this region and it provides a planning framework for the future development of the area as a major employment focused activity centre. Through the guidance of this strategy, Inner City Zoning is now part of the Local Planning Scheme for Old Perth Road.