Sold
246 Mary Street, Wanneroo WA 6065
Sold price: $3,300,000
Sold: 11 Nov 2022
Sold
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Landsize 3.55ha
Land
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STRATEGICALLY LOCATED PRIME LAND FOR FUTURE DEVELOPMENT
ProProperty Group are pleased to present 246 Mary Street, Wanneroo, For Sale by Expression of interest closing Thursday 3rd November 2022 (unless sold prior).
This 3.55 hectare property is located within Stage 1 of the East Wanneroo District Structure Plan, set to deliver 10,000 new homes between 2021-2031, also Zoned 'Urban Deferred' under the MRS and zoned 'Rural Resource' under the local planning scheme. Currently it is being utilised as a vegetable farm providing a nominal holding income.
In the East Wanneroo District Structure Plan, it describes Mary Street as "A suburban neighbourhood with a bushland backdrop. The precinct carefully integrates bushland and residential areas and connects Mary Street
with Benmuni and Badgerup Roads." "Its location and servicing availability make the precinct a short-term development opportunity".
With features of the property that include:
• Substantial 3.55 hectare rectangular site
• Future Residential Subdivision and/or Development Opportunity
• Currently used as a vegetable farm providing holding income
• Includes one shed approximately 280sqm
• Easily accessible from Ocean Reef Road & short distance to Mitchell Freeway & Wanneroo Road
• High growth corridor with City of Wanneroo
• Neighbouring established suburbs Pearsall & Hocking
• Surrounded by outstanding local amenity being a short distance from Wanneroo Markets, Pearsall IGA & Primary School, Hocking Woolworths & Wangara Employment Precinct
• Current water licence 51,500KL
For any further information, please contact the exclusive listing agents Christopher Tana & Daniel Saad...
Property features
Listing snapshot by reiwa.com
This land listing located in Wanneroo was sold by Christopher Tana and Daniel Saad at ProProperty Group.
If you would like to get in touch with Christopher Tana or Daniel Saad regarding 246 Mary Street, Wanneroo, please call Christopher on 0437 158 255 or call Daniel on 0449 818 187, or contact the agent via email.
Cost breakdown
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Council rates: $6,300 / year
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Water rates: $800 / year
Nearby schools
Wanneroo overview
Wanneroo is a mostly established suburb with some undeveloped areas in the eastern sector of its 20 square kilometre land area. Wanneroo experienced major development during the 1970s with gradual increases experienced from the mid-1990s as new properties were built in the area.
Life in Wanneroo
A relaxed lifestyle and a sense of community are on offer in Wanneroo. The outer-northern suburb has a number of parks, gardens and lakes within its perimeters that contribute to its suburban charm, as well a civic centre and community centre. Other notable fixtures are the Wanneroo Town Centre, Wanneroo Central Shopping Centre and the Wanneroo Show Grounds.
Wanneroo quick stats
High end
$714k
Median
$625k
Low end
$525k
23.5 %
Annual growth
$625k
Annual median sales price
$600pw
Annual median rental price
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