OFF MARKET

414 Karoborup Road
Carabooda WA 6033

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 103831m2
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Property Details for 414 Karoborup Rd, Carabooda

Building Type
Land
Land Size
103831m2
Local Government
Wanneroo
Lot/Plan
5838/P207585

Last Listing description (June 2023)

Previously Dizzy Lamb Park now WASP Paintball.
On 3 separate titles with a total of 18.84 Ha or 46.55 acres. High profile location with approx 578.3m frontage onto Perth's Northern major access road Wanneroo Rd. on the corner of Karoborup Rd, with a 3rd road frontage to Bailey Rd. the water licence is 30,805Kl per annum.

The zoning is "General Rural" & is situated in the "Landscape Enhancement Precinct". Subject to Wanneroo Council Approval you may build;

Private clubs
Recreation
Brewery
Exhibition Centre
Industry Cottage
Serviced Apartment
Small Bar
Tourist Development
Recreation, Private Land Use is now discretionary

The properties are currently leased as by WASP paintball for an annual rent of $44,323 per annum, plus all outgoings with 5 % increase per annum, this lease is current and will run until it expires on the 5/12/2023.

A second lease for a mobile phone tower is situated in the North West corner of 414 Karoborup Rd, an area of 202sqm to Telstra.

The 3 titles comprise of:

414 Karoborup Rd-10.38 Ha or 25.65 acres, with office and change rooms.
400 Karoborup Rd-4.23 Ha or 10.25 acres, bush block
27 Bailey Rd-4.23 Ha or 10.25 acres.

The property is being sold as a whole and could be subject to GST if applicable.

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Property History for 414 Karoborup Rd, Carabooda, WA 6033

A timeline of how this property has performed in the market
Last Sold
$1,529,000
16 Sep 2004
  • 20 Jan 2022
    Listed for Sale $3,500,000
  • 16 Sep 2004
    Sold for $1,529,000
  • 06 Sep 2002
    Sold for $900,000

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About Carabooda 6033

The size of Carabooda is approximately 21.4 square kilometres. It has 7 parks covering nearly 13.9% of total area. The population of Carabooda in 2011 was 738 people. By 2016 the population was 439 showing a population decline of 40.5% in the area during that time. The predominant age group in Carabooda is 40-49 years. Households in Carabooda are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Carabooda work in a managers occupation. In 2011, 80.5% of the homes in Carabooda were owner-occupied compared with 88.5% in 2016.

Carabooda has 233 properties. Over the last 5 years, Houses in Carabooda have seen a 199.77% increase in median value, while Units have seen a 55.36% increase. As at 30 September 2024:

  • The median value for Houses in Carabooda is $1,135,992 while the median value for Units is $413,266.
There are currently 5 properties listed for sale, and no properties listed for rent in Carabooda on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Carabooda.

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