1040 Wanneroo Road,
Wanneroo, WA 6065
Development Sites & Land
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$53,670,000
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Map of 1040 Wanneroo Road
PRIME 40HA DEVELOPMENT SITE WITH LEASEBACK
- 40Ha land parcel
- 3-year leaseback to Ingham’s
- Potential yield return of 800* dwellings
Unprecedented in size and location; this infill development site is ideal for medium to large developers looking for future development pipeline.
This is a prime opportunity to acquire a sizeable land parcel in an established residential area in proximity to the Wanneroo Town Centre.
The property is located on the arterial Wanneroo Road, 24 km* north of the Perth CBD in the metropolitan suburb of Sinagra. Currently occupied by Inghams Enterprises P/L, the site is being offered with a short term leaseback agreement, providing an opportunity to progress approvals and safeguard the development with a fixed income in place.
- Large 40Ha land parcel located within walking distance from the Wanneroo Town Centre
- 3-year leaseback to Ingham’s with 2 x 6 month options at 5% gross yield of the purchase price
- Currently zoned ‘Urban Deferred’ given existing poultry use
- Potential yield return of approximately 800* dwellings
For sale via Expression of Interest campaign closing Thursday 29th June 2017 at 3pm (AWST)
*approx.
This is a prime opportunity to acquire a sizeable land parcel in an established residential area in proximity to the Wanneroo Town Centre.
The property is located on the arterial Wanneroo Road, 24 km* north of the Perth CBD in the metropolitan suburb of Sinagra. Currently occupied by Inghams Enterprises P/L, the site is being offered with a short term leaseback agreement, providing an opportunity to progress approvals and safeguard the development with a fixed income in place.
- Large 40Ha land parcel located within walking distance from the Wanneroo Town Centre
- 3-year leaseback to Ingham’s with 2 x 6 month options at 5% gross yield of the purchase price
- Currently zoned ‘Urban Deferred’ given existing poultry use
- Potential yield return of approximately 800* dwellings
For sale via Expression of Interest campaign closing Thursday 29th June 2017 at 3pm (AWST)
*approx.
Property ID: 502411170Last Updated: 31 May 2019
1040 Wanneroo Road
Wanneroo, WA 6065
CBRE - Perth Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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