NAI Harcourts Metro are proud to present to the market 1769 Neaves Road, Bullsbrook, a significant 7.2 hectares comprising of both vacant land and leased structures, well-positioned immediately off Tonkin Highway.
Currently generating approximately $256,460* per annum, there is further potential and scope for estimated additional income of $250,000* from the vacant circa 50,000 sqm* on offer, allowing the astute investor-developer to purchase the land as is now with the endeavour to develop immediately or hold and develop in the future.
Further, the current income is derived from a mix of 11 various tenancies both periodical and formal, while the possible additional income can be generated from crica 25,000 sqm* of reticulated land for a potential market garden as well as another circa 25,000 sqm* of crushed limestone and some bitumen hardstand.
New green titles are due within 90 days separating the 7.2* hectares from the original mother lot being 11.2535 ha.
Key Property Features:
• 72,000 sqm (approx.) available for purchase
• Income generating opportunity with potential to earn approx. $250,000 more per annum
• 20,000 sqm (approx.) reticulated land has water license for 65,000 kilo liters*
• Additional 20,000 sqm* of crushed limestone hardstand suitable for trucking and transportation
• Power and telephone service available
• Join Vibe petrol station and other surrounding strategic infrastructure plans
• 5 Sewerage tanks in place with bio sewerage system
Contact Albert Fontana for more information now!
*All measurements and figures in text and photos are approximate in nature and subject to the buyer's further due diligence.
This commercial property at 1769 Neaves Road, Bullsbrook is listed for sale by Albert Fontana at NAI Harcourts Metro.
It has been described by the agent as ‘Attention Investors and Developers - Vacant and Leased Land Opportunity’.
If you would like to get in touch with Albert Fontana regarding 1769 Neaves Road, Bullsbrook, please call 0418 952 647 or contact the agent via email.