1040 Wanneroo Road,
Wanneroo, WA 6065
Development Sites & Land
Price information
Sold
$53,670,000
Key property information
Land area
Tenure type
Sold on
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
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
108 Windsor Road,Wangara, WA 6065 20300 m²Development Sites & Land • Warehouse, Factory & Industrial
