136 Mueller Street

Lockyer WA 6330

This valuable 2.02ha block of land just off the South Coast Highway in Lockyer offers exciting possibilities for far-sighted investors.Bounded by four streets, the significant holding was most recently used as the Peters ice cream depot. That building remains, plus there's a brick and tile residence in a fenced corner of the block.With local authority permissions, subdivision may be possible, bringing potential for the owners to profit substantially on the resale of smaller blocks.Under the Light Industry zoning, the property as it is can be used for a number of small-scale manufacturing, processing or service activities, including automotive repairs, a veterinary centre, garden centre or cottage industries.The old Peters building, mainly constructed of Colorbond, takes up a footprint of approximately 600sqm.Inside, it consists of the redundant steel coolrooms and freezers along with offices, and high doors allow truck access to loading bays. Power is connected.Various other sheds and outbuildings are sited in this part of the block.Tucked away in the corner, the old residence from the mid-20th century still displays original polished jarrah floors and high ceilings.It consists of a sizeable lounge with a brick fireplace, a dining room, kitchen, laundry and utility area, an air-conditioned games room and three double bedrooms.While it is in need of a makeover, it could become a comfortable family home. However, a developer might decide to remove it to facilitate subdivision or replace it with a modern residence to live in, rent out or sell on.Most of the level block is cleared and in grass, with a few native trees at the perimeter. This property's location five minutes from town, the easy access and the prospects for financial gain make this an attractive investment for development, trade workshops or business operation.What you need to know:- 2.02ha block- Bounded by four streets, 5 minutes from town- Zoned Light Industry- Suit number of small-scale manufacturing, processing or service activities including auto repairs, vet centre, garden centre or cottage industry- Buildings include old Peters ice cream depot plus three-bedroom residence with jarrah floors- Potential for subdivision or development- Proposed rezoning to Mixed Use under South Lockyer Structure Plan- Block level and mostly cleared with few trees- Easy access- Council rates $4,376.60- Water rates $1,482.44