Offers

Please call or email for the information memorandum and price guide.

OVER 24 ACRES OF PRIME REAL ESTATE IN THE HEART OF THE NORTHERN CORRIDOR

• Existing rental income of $100K+ PA
• Over 100,000 sqm in area (10.2 hectare / 24 Acres )
• Large Double Storey Property
• Four Bores with water licenses
• Several Powered Outbuildings
• An ideal investment, land banking opportunity or business potential.
• This site is sold as one package comprising of two separate green title Lots and two purchase contracts.

Enjoying glorious Inland views, this 24 acre site Includes a four bedroom double storey home, several outbuildings and four fully functional bores with water licenses and a rental income from vehicle storage and outbuilding rental.

The property is a short distance north of Perth and minutes away from the Indian Ocean and the World Class Joondalup Resort, with quality educational establishments and amenities close by. Perfectly positioned and close to the expanding Northern corridor this site is within a short distance of the Mitchell free-way and already established Clarkson and Butler rail link.

2060 Wanneroo Road - Zoned GENERAL RURAL, REGIONAL PARKS & RECREATION,
Lot 43: 5.22Ha (12.89 acres)- PRIMARY REGIONAL ROADS - GST not applicable.
(see existing land use below)

2066 Wanneroo Road - Zoned GENERAL RURAL- REGIONAL PARKS & RECREATION
Lot 44: 5.01Ha (12.37 acres)- GST applicable.


AREA
The land is zoned general rural and comprises of an area of approximately 10.2 hectares with a combined frontage of over 180m to Wanneroo Road and depth of 400m-550m.

LOCALITY
The subject land is located approximately 6.0km north of Joondalup City Centre fronting Wanneroo Road. The land is wedged between two regional open space rescues - Lake Neerabup to the east and Neerabup National Park west of Wanneroo Road. To the south of Flynn Drive is the 19 Mile Quarry site which is being developed for Special Residential uses and further to the south is the existing Carramar special rural subdivision and Carramar residential estates.
The Clarkson Rail line and Mitchell Freeway extends adjacent to the Neerabup National Park less than 1.km west of the subject land.
West of the Freeway are the existing residential estates of Clarkson, Butler, Merriwa, Ridgewood, Mindarie, and Quinns Rock.

EXISTING LAND USE
The majority of the site is used for market gardening purposes although other business activities exist as detailed below in the current approval.

Motor Vehicle Repairs –Office- Storage Yard - Transport Depot
1. Conditions: The additional use shall be limited to the following;
Motor Vehicle Repairs, that does not occupy an area greater than 250m2.
Office, employing a maximum of four persons and otherwise complies with paragraphs (a)-(c) and (e) -(j) inclusive of the home business - category 3 definition in Schedule 1 of the Scheme.

Storage Yard - Transport Depot
2. Duration of Planning Approval:
(a) A planning approval for the above-listed uses and developments shall be limited to a period of 5 years from the date of gazettal of these additional uses.
(b) A renewal of planning approval under for the above listed uses may be granted for a period of 5 years, unless the renewal in a particular case is expressed to be for a
shorter period.

PHYSICAL CHARACTERISTICS
The site is predominantly cleared with a gentle gradient towards the east from the high point of approximately 48m to approximately 14m along the shoreline of Lake Neerabup. The sands in this area are well drained brown/yellow Karrakatta sands and pose no constraint to development.

EXISTING ZONING
1.6.1 City of Wanneroo Town Planning Scheme No. 1
The subject land is zoned Rural and General Rural under the City of Wanneroo.

Please call or email for the information memorandum and price guide.
FOR FURTHER INFORMATION CONTACT CARL FREEMAN TEL: 0408 793 037

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.