NAI Harcourts Metro are proud to present to the market 1769 Neaves Road, Bullsbrook, a significant 7.2 hectares comprising of both vacant land and leased structures, well-positioned immediately off Tonkin Highway.
Currently generating approximately $256,460* per annum, there is further potential and scope for estimated additional income of $250,000* from the vacant circa 50,000 sqm* on offer, allowing the astute investor-developer to purchase the land as is now with the endeavour to develop immediately or hold and develop in the future.
Further, the current income is derived from a mix of 11 various tenancies both periodical and formal, while the possible additional income can be generated from crica 25,000 sqm* of reticulated land for a potential market garden as well as another circa 25,000 sqm* of crushed limestone and some bitumen hardstand.
New green titles are due within 90 days separating the 7.2* hectares from the original mother lot being 11.2535 ha.
Key Property Features:
• 72,000 sqm (approx.) available for purchase
• Income generating opportunity with potential to earn approx. $250,000 more per annum
• 20,000 sqm (approx.) reticulated land has water license for 65,000 kilo litres*
• Additional 20,000 sqm* of crushed limestone hardstand suitable for trucking and transportation
• Power and telephone service available
• Join Vibe petrol station and other surrounding strategic infrastructure plans
• 5 Sewerage tanks in place with bio sewerage system
Contact Albert Fontana for more information now!
*All measurements and figures in text and photos are approximate in nature and subject to the buyer's further due diligence.
The size of Bullsbrook is approximately 253.9 square kilometres. There are 31 parks, covering nearly 3.4% of the total area. The population of Bullsbrook in 2016 was 5185 people. By 2021 the population was 5605 showing a population growth of 8.1% in the area during that time. The predominant age group in Bullsbrook is 50-59 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 2021, 81.50% of the homes in Bullsbrook were owner-occupied compared with 82.50% in 2016.
Bullsbrook has 3,982 properties. Over the last 5 years, Houses in Bullsbrook have seen a 98.98% increase in median value, while Units have seen a -24.55% decrease. As at 31 August 2026:
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