The State Government has announced Yolk Property Group, together with project partners Southern Cross Care, as the preferred proponents to develop one of the final parcels of land at the Metropolitan Redevelopment Authority’s urban development project in Champion Lakes.
Lot 10, Lake Road is one of the last remaining lots at the Champion Lakes residential development within the City of Armadale and is currently home to approximately 1,000 people. The development of Lot 10 marks a significant final phase of the Champion Lakes project which started in 2006.
Approximately 150 dwellings are planned for the 14-hectare site comprising multi residential dwellings, townhouses and house and land packages; along with a wellness, aged care and retirement precinct.
Yolk Property Group Director Pete Adams said the consortium would deliver strong housing diversity and affordability to the area.
“We are looking forward to expanding the housing options on offer at Champion Lakes. There will be land and homes to suit people at every stage of their life, with first home-buyers, families, downsizers and retirees all catered for, resulting in a diverse community,” Mr Adams said.
Mr Adams said part of the development would cater specifically to retirees and those with additional needs, with a health and wellness precinct planned.
The development will improve the amenity of the area with a new hospitality precinct comprising cafes, shops and public open spaces, along with a revitalised foreshore, multiple parks and play areas and integrated bike and pedestrian paths.
“The lake at the heart of the development offers an excellent opportunity for amenities focussed on the outdoors, whether its boardwalks and bike paths or waterplay parks and picnic areas. What we are planning will create a destination at Champion Lakes, which we see not only residents making the most of, but the wider community coming to enjoy; we want it to be a real destination for the community,” Mr Adams said.
Yolk Property Group aims to drive environmentally sustainable living with the project, utilising innovation in design, infrastructure, construction methods, materials and technologies. Bioregional’s One Planet Living framework (based on the idea of living within the limits of the planet’s natural resources) will be implemented to guide built form and land development, and aid in a holistic and long-term approach to sustainability, following principles related to sustainable energy, water, local and sustainable food, sustainable materials, zero waste, zero carbon, and culture and community.
Champion Lakes is located in the suburb of Champion Lakes in Perth’s south-east, four kilometres north-west of the Armadale city centre and 23 kilometres from the Perth CBD. For more information visit www.yolkpropertygroup.com.au.