SOLD
Sold on 07 Nov 2024 for $7,350,000

Stock Road
Bullsbrook WA 6084

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Property Details for Lot 60 Stock Rd, Bullsbrook

Building Type
Commercial
Local Government
Swan
Lot/Plan
60/P422344

Last Listing description (September 2024)

Extensive Industrial land offering EOI Closing 31 October 2024

Savills (WA) is pleased to present to the market for sale a large-scale landholding in Bullsbrook, WA by way of Expressions of Interest (closing 2pm 31 October 2024)Lot 60 Stock Road, Bullsbrook extends to a total of 210,464sqm* and provides an immediate opportunity for prospective owner-occupiers, developers and investors to enter the emerging Bullsbrook industrial precinct. The property is zoned Special Use under the City of Swan Local Planning Scheme 17 and falls within the Bullsbrook Freight and Industrial District Structure Plan. The property is zoned General Industrial under the South Bullsbrook Industrial Precinct Local Structure Plan No. 1. The Local Structure Plan sets out the required precinct road infrastructure and development costs and requires a new north-south distributor road on the western side of the landholding, which will provide access to the whole developable land area. For more detailed information, please contact the City of Swan or the selling agents.Key features: Freehold interest offered Total land 210,464sqm* (21Ha*) On the RAV-7 & Oversize Over-Mass (OSOM) truck network Set between Tonkin Highway & Great Northern Highway Existing General Industrial zoning allowing immediate development** Major development opportunity Lot 60 Stock Road is located on the northern side of the recently-upgraded Stock Road which connects Tonkin Highway to Great Northern Highway, now rated for RAV-7 truck movements and on the OSOM network. It sits in the heart of the emerging Bullsbrook Freight and Industrial Area and within the municipality of the City of Swan. Strategically positioned to capitalise on the significant investment that has been made into Bullsbrook Souths transport infrastructure. The property offers a significant landholding between WAs busiest north-south distributor routes, with excellent connectivity to the wider Perth road network beyond Tonkin Highway & Great Northern Highway. Lot 60 Stock Road, Bullsbrook is for sale as a whole by way Expressions of Interest, closing 2pm 31 October 2024.To discuss this opportunity further and request a copy of the sales IM, please contact the exclusive selling agents.*Approximate** Subject to Council approval

Property History for Lot 60 Stock Rd, Bullsbrook, WA 6084

A timeline of how this property has performed in the market
Last Sold
$7,350,000
07 Nov 2024
  • 18 Sep 2024
    Listed for Sale Contact Agent

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About Bullsbrook 6084

The size of Bullsbrook is approximately 253.9 square kilometres. It has 31 parks covering nearly 3.4% of total area. The population of Bullsbrook in 2011 was 4,325 people. By 2016 the population was 5,189 showing a population growth of 20.0% in the area during that time. The predominant age group in Bullsbrook is 40-49 years. Households in Bullsbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bullsbrook work in a trades occupation. In 2011, 80.5% of the homes in Bullsbrook were owner-occupied compared with 82.5% in 2016.

Bullsbrook has 3,441 properties. Over the last 5 years, Houses in Bullsbrook have seen a 60.76% increase in median value, while Units have seen a 63.63% increase. As at 30 November 2024:

  • The median value for Houses in Bullsbrook is $697,041 while the median value for Units is $658,199.
  • Houses have a median rent of $680.
There are currently 42 properties listed for sale, and 1 property listed for rent in Bullsbrook on OnTheHouse. According to CoreLogic's data, 275 properties were sold in the past 12 months in Bullsbrook.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.