Shop 9, 950 Wanneroo Road

Wanneroo WA 6065

(08) 9405 1999

info@abrealtywa.com

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12 Honey Street, MARIGINIUP

$939,000

Description

Under Offer !! Under Offer!! Under Offer!!

Here’s your chance to secure a fantastic investment that will not only return you around 7% over the next five years (or more) but has the potential to return you many times over as this prime land east of Pinjar Road is developed for the residential market.

The iconic Lullfitz Nursery located on the corner of Caporn and Honey Streets Mariginiup is on the market and presents a tremendous opportunity for the shrewd investor looking to make a significant return over the next 10 years.

As a working nursery, any sale is conditional on a negotiated lease-back arrangement to allow this iconic business to keep servicing the people of Perth’s northern suburbs.

Currently zoned for the purpose it’s used for, this 1.58ha of land is set to be re-zoned Urban within the next 3-5 years, thus making it the ideal investment.

* Lease back required – 5 years (negotiable)
* 1.58Ha with water licence
* Prominent corner location
* Close to expanding residential corridor

For more information contact Barry O’Sullivan 0417927792

Address

  • Address: 12 Honey Street , MARIGINIUP
  • City: Perth
  • State/county: Western Australia
  • Zip/Postal Code: 6078
  • Neighborhood: Mariginiup
  • Country: Australia

Detail

Updated on January 19, 2021 at 10:20 am

  • Price: $939,000
  • Property Type: Commerical
  • Property Status: Sold

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