The former Timber Top Caravan Park site in Mandurah has been put on the market.
The property comprises of two parcels fronting Mandurah Terrace, as well as Peel, Sutton and Rockford Streets, sized at 14,708sq m and 2,506sq m and totalling 17,214sqm.
They will be offered to the market as one parcel or separately in an Offers to Purchase campaign run by James Baker and Tony Delich of Knight Frank, closing at 3pm on December 8.
Mr Baker said when put together as one parcel the site offered one of the last large parcels of land close to the Mandurah town centre and the ocean marina.
"It will allow for a variety of development options, including a residential or mixed-use project," he said.
"Developers can create their own vision from the zoning framework.
"Considered the 'original' Mandurah, these sites offer the astute developer the opportunity to unlock the potential of one of the largest parcels of land to hit the market in this location for many years."
Mr Delich said the development potential of the site had been a big drawcard for buyers, as well as the location of the land, with large frontages to the main roads of Mandurah Terrace, Sutton Street and Peel Street.
"On offer at the Mandurah Marina is an abundance of food and beverage options, hotels, town centre retail outlets and the Mandurah Performing Arts Centre.
"The site also has access to easy transport routes around the area. Potential buyers are particularly interested in the residential development of the site, with this sector of the market performing strongly this year."
The Timber Top Caravan Park stopped operations in August 2018, with the owner of the site now deceased and the family taking it to the market to be redeveloped.