33/39 Prindiville DriveWangara WA 6065
Property Details for 33/39 Prindiville Dr, Wangara
Last Listing description (October 2024)
Income generating supersite!
RWC WA is privileged to present for sale two adjacent properties that combine to form a strategic supersite combined with a strong net income stream.
Offers will be considered for these properties separately or combined!
Combined land area 3.35ha*
Spudshed Wanneroo 1.05ha*
Both properties occupy prominent corner positions and come with a new favourable planning framework with expand land uses.
The combined NET INCOME is $1,200,000pa (static rounded).
Recent zoning amendments now provides an ideal opportunity to progress large scale redevelopment with superior use options (STCA) and the amalgamation of these properties provides enhanced development synergies with multiple street fronts and rationalisation of cross easements.
The Special Use zoning provides for a broad land uses to potentially include (STCA)
Retail & Supermarket (6,700sqm)
Fast Food Outlets
Liquor Store (Small & Large)
Tavern & Brewery
Bulky Goods Showrooms
Hardware
Warehouse & Storage
Light Industry,
Medical Centre
Office
Childcare
Education
The central strategic position has a strong population catchment of approximately 150,000 people in established surrounding suburbs. Immediately to the north the Western Australian Government recently approved the East Wanneroo District Structure Plan for the development of more than 8,300 hectares to include 150,000 residents, 50,000 homes and 20,000 jobs.
The undeniable income stream will surprise and delight:
Wanneroo Markets comes with a significant established income with fixed tenancies and long term stallholders (redevelopment clauses in place)
Spudshed Wanneroo comes as a single consolidated tenancy with a fixed rental income
As a part of the sale process the sellers shall provide guaranteed income so you do not have to operate the markets and you can get your development ready
To obtain a detailed Information Memorandum (IM) simply press ENQUIRE via this website and follow the links.
Proudly presented for sale by RWC WA as exclusive selling agents Brett Wilkins & Michael Milne:
Brett Wilkins
Director, Capital Markets | RWC WA
0478 611 168
brett.wilkins@raywhite.com
Michael Milne
Senior Advisor, Capital Markets | RWC WA
0403 466 603
michael.milne@raywhite.com
*Approximately
Property History for 33/39 Prindiville Dr, Wangara, WA 6065
- 13 Feb 2024Listed for Sale For Sale - separately or combined!
Recent sales nearby
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0About Wangara 6065
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 2016 was 39 people. By 2021 the population was 43 showing a population growth of 10.3% in the area during that time. The predominant age group in Wangara is 60-69 years. Households in Wangara are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wangara work in a labourer occupation.In 2021, 25.00% of the homes in Wangara were owner-occupied compared with 26.70% in 2016.
Wangara has 2,742 properties. Over the last 5 years, Houses in Wangara have seen a 83.18% increase in median value, while Units have seen a 146.97% increase. As at 30 November 2025:
- The median value for Houses in Wangara is $967,330 while the median value for Units is $702,845.
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