794 North Lake Road, Cockburn Central WA 6164

UNDER OFFER

DFR Commercial is pleased to present to the market this unique opportunity, offering a range of options for investors, developers and owner-occupiers alike. The property provides an opportunity to lease the site in the interim while offering significant longer-term redevelopment potential. It also presents an excellent opportunity for an owner-occupier looking to secure a strategically located site for their future requirements.

The property has a total land area of 1,821m2 with a showroom / workshop of 200m2 that has been used for many used by Classic Hire as a display yard and maintenance of equipment. The property has excellent exposure to a major arterial road, Main Roads WA data confirms that more than 27,000 vehicles pass the site each week, providing outstanding exposure and profile for the property.

PROPERTY FEATURES:
• Total land area: 1,821m²
• Mixed Business zoning under Town Planning Scheme No. 3
• Prominent corner position with excellent main road exposure
• Approximately 200m² showroom/workshop
• Existing building with good onsite staff amenities
• Power and water connected to the site
• Dual access points providing convenient vehicle movement and potential drive-through access
• Main road exposure to more than 27,000 vehicles per week
• Future redevelopment potential, subject to relevant planning approvals

ZONING & DEVELOPMENT POTENTIAL
Zoned Mixed Business under the current Town Planning Scheme No. 3, the property offers flexibility for a range of potential commercial uses and future development outcomes, subject to planning approval and applicable statutory requirements.
The property's corner position, dual access, prominent exposure and substantial land area provide an attractive foundation for purchasers looking to secure a strategic commercial landholding within the established Cockburn Central precinct.

Purchasers are encouraged to review the City of Cockburn's information regarding the Cockburn Central North (Muriel Court) planning framework:

Please refer to the link below:
https://www.cockburn.wa.gov.au/Building-Planning-and-Roads/Town-Planning-and-Development/Structure-Plans/Current-Development-Projects/Cockburn-Central-North-(Muriel-Court)
In relation to the development contribution, we have confirmed with the City of Cockburn that the any commercial contribution would be $4,045.84 per additional lot if you were to redevelop the site into strata titled suites.

Please refer to the link below:
https://www.cockburn.wa.gov.au/Building-Planning-and-Roads/Developer-Contributions

Outgoings: Council rates $3,572.82, water rates $600, insurance $4,000, land tax $9,168.63.

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