Attention Investors and Developers - Vacant and Leased Land Opportunity
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.