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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 50,000sqm* 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 25,000sqm* of reticulated land for a potential market garden as well as another circa 25,000sqm* 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 11.2535ha.
Key Property Features:
• 72,000sqm (approx.) available for purchase
• Income generating opportunity with potential to earn approx. $250,000 more per annum
• 20,000sqm (approx.) reticulated land has water license for 65,000 kilo liters*
• Additional 20,000sqm* 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.
Remember to mention you found this property on CommercialReady
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 50,000sqm* 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 25,000sqm* of reticulated land for a potential market garden as well as another circa 25,000sqm* 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 11.2535ha.
Key Property Features:
• 72,000sqm (approx.) available for purchase
• Income generating opportunity with potential to earn approx. $250,000 more per annum
• 20,000sqm (approx.) reticulated land has water license for 65,000 kilo liters*
• Additional 20,000sqm* 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.
Remember to mention you found this property on CommercialReady
