This is a rare opportunity to secure some of the last development blocks in central Wangara, located next door to the Australia Post Distribution Centre (largest in the Northern suburbs)
This is a level site fully retained with hard stand and office and storage. Close to all the major car yards, boat yards and walking distance to the Wangara Markets, Wanneroo Road Public Transport and the Medical Centre on Prindiville Drive.
Currently tenanted by the iconic Wangara Soils which has been established for 23 years. The tenant is in place until August 2025, however is happy to stay longer.
A purchase option could be to land bank until the lease expires with holding income and develop in the future.
For further information please contact Vince Di Filippo on mobile 0408 563 288 or email vinced@crouchgroup.com.au
The size of Wangara is approximately 5.6 square kilometres. It has 2 parks covering nearly 0.7% of total area. The population of Wangara in 2011 was 38 people. By 2016 the population was 28 showing a population decline of 26.3% in the area during that time. The predominant age group in Wangara is 50-59 years. Households in Wangara are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Wangara work in a trades occupation. In 2006, 23.1% of the homes in Wangara were owner-occupied compared with 55.6% in 2011..
Wangara has 2,735 properties. Over the last 5 years, Houses in Wangara have seen a 107.05% increase in median value, while Units have seen a 35.16% increase. As at 30 November 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.