LJ Hooker Commercial Perth are pleased to offer for sale Lot 202 Great Northern Highway, Bullsbrook, a significant 133ha land banking opportunity within Perth’s growing North-Eastern corridor.
Zoning:
The lot is divided into two parts, comprising 93ha on the Northern side of Stock Road, zoned ‘General Rural’ and a further 40ha on the Southern side of Stock Road, zoned for ‘Landscape’.
Property Highlights:
- State Government laying groundwork for future growth and revitalisation of Bullsbrook with proposed urban rezoning
- Bullsbrook population expected to quadruple to 20,000 people in next 15-20 years generating significant growth
- City of Swan is upgrading Stock road to create a connector between Tonkin Highway and Great Northern Highway
- Bullsbrook economy supported by nearby Pearce Airbase whereby personnel are encouraged to live in community
- Potential Future residential subdivision opportunity with nearby lots currently undergoing rezoning to residential
- Ability to develop southern portion of property whilst generating holding income via Clay License on Northern portion
Land Area:
133ha*
Clay License:
The Northern portion or the site, zoned for General Rural, is subject to a Clay license with a minimum royalty of $50,000 pa plus GST. There is an additional royalty of $1.75/ tonne for tonnage removed in excess of minimum allocation (initially 30,000 tonnes).
Asking Price:
$3,000,000 plus GST
For further information please contact Colm McHugh or Jake Wallman.
* approximate