OFF MARKET

49 Adams Road
Mariginiup WA 6078

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 35157m2
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Property Details for 49 Adams Rd, Mariginiup

Building Type
Land
Year Built
1982
Land Size
35157m2
Local Government
Wanneroo
Lot/Plan
51/D067081

Last Listing description (June 2023)

Raine & Horne Commercial are pleased to bring to market this extraordinary opportunity to acquire a significant land holding in Perth's northern corridor.49 Adams Road, Mariginiup is located approximately 40km north of the Perth CBD on the fringe of the metropolitan area with huge scope for urban infill opportunities in the future.Located within the kennel precinct of Perth's northern precinct, the property is securely leased to Hanrob on a ten year net lease, expiring in 2032.With a net rental income of $130,000 p.a. plus GST, this property enjoys the benefit of commercial returns, with residential capital growth potential in a burgeoning precinct.Situated within a few kilometres of Banskia Grove and residential in fill opportunity, this property would sit perfectly within a self-managed super fund or as an investment showing secure returns and solid capital growth prospects.Buy, invest and reap the rewards!For Sale by Offers to Purchase, closing 16th March 2023 at 10am AWST

Property History for 49 Adams Rd, Mariginiup, WA 6078

A timeline of how this property has performed in the market
Last Sold
$2,100,000
17 Mar 2023
  • 17 Mar 2023
    Sold for $2,100,000
  • 23 Feb 2023
    Listed for Sale Offers to Purchase
  • 06 Mar 1985
    Sold for $106,000

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About Mariginiup 6078

The size of Mariginiup is approximately 24.3 square kilometres. It has 4 parks covering nearly 38.4% of total area. The population of Mariginiup in 2011 was 863 people. By 2016 the population was 842 showing a population decline of 2.4% in the area during that time. The predominant age group in Mariginiup is 50-59 years. Households in Mariginiup are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mariginiup work in a trades occupation. In 2011, 90.3% of the homes in Mariginiup were owner-occupied compared with 86.1% in 2016.

Mariginiup has 375 properties. Over the last 5 years, Houses in Mariginiup have seen a 103.51% increase in median value, while Units have seen a 109.40% increase. As at 31 October 2024:

  • The median value for Houses in Mariginiup is $936,460 while the median value for Units is $646,919.
There are currently 3 properties listed for sale, and no properties listed for rent in Mariginiup on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Mariginiup.

Suburb Insights for Mariginiup 6078

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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.