Contact the agent if you'd like further information.
Land/Development for Sale in Wangara
UNDER CONTRACT
- Building: 6,097m²
- Land: 3.3505 ha (8.28 acres)
Next Steps:
Enquire with agentUNDER CONTRACT
RWC WA is privileged to present for sale two adjacent properties that combine to form a strategic supersite combined with a strong net income stream.
Offers will be considered for these properties separately or combined!
- Combined land area 3.35ha*
- Wanneroo Markets 2.3ha*
- Spudshed Wanneroo 1.05ha*
Both properties occupy prominent corner positions and come with a new favourable planning framework with expand land uses.
The combined net income is $1,200,000pa (static rounded).
Recent zoning amendments now provides an ideal opportunity to progress large scale redevelopment with superior use options (STCA) and the amalgamation of these properties provides enhanced development synergies with multiple street fronts and rationalisation of cross easements.
The Special Use zoning provides for a broad land uses to potentially include (STCA)
- Retail & Supermarket (6,700sqm)
- Fast Food Outlets
- Liquor Store (Small & Large)
- Tavern & Brewery
- Bulky Goods Showrooms
- Hardware
- Warehouse & Storage
- Light Industry,
- Medical Centre
- Office
- Childcare
- Education
The central strategic position has a strong population catchment of approximately 150,000 people in established surrounding suburbs. Immediately to the north the Western Australian Government recently approved the East Wanneroo District Structure Plan for the development of more than 8,300 hectares to include 150,000 residents, 50,000 homes and 20,000 jobs.
The undeniable income stream will surprise and delight:
- Wanneroo Markets comes with a significant established income with fixed tenancies and long term stallholders (redevelopment clauses in place)
- Spudshed Wanneroo comes as a single consolidated tenancy with a fixed rental income
- As a part of the sale process the sellers shall provide guaranteed income so you do not have to operate the markets and you can get your development ready
To obtain a detailed Information Memorandum (IM) simply press ENQUIRE via this website and follow the links.
Proudly presented for sale by RWC WA as exclusive selling agents Brett Wilkins & Michael Milne:
Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com
Michael Milne
M: 0403 466 603
E: michael.milne@raywhite.com
*Approximately
6,097m²
3.3505 ha / 8.28 acres
Special Use (SU-5)
Tenanted
Land/Development, Retail, Industrial/Warehouse
Next Steps:
Enquire with agentInvestment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
Agents
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