We are excited to offer a prime real estate opportunity at Mariginiup. This expansive property spans approximately 3.93 hectares and features a well-maintained 4-bedroom, 2-bathroom home built in 1994.
Key Features:
• Approved as deferred urban by the state planning commission under the new structure plan of the city of Wanneroo!!!
• 3.93 hectares approx!!!
• R20-R60 zoning is to be allocated as per the proposed structure plan by the council!!!
• One of the finest opportunities to make $$$ in the future!!!
• All offers invited!!!
Current property features: -
• Curving driveway leading to an enormous portico with Roman pillars
• Parking for 4 cars
• Jarrah parquet flooring in the spacious entrance hall
• High ceilings in extensive living areas
• Country-style kitchen with fridge-freezer space, big pantry, and extensive bench space
• Master bedroom featuring a romantic corner spa, shower, and separate WC
• Three large bedrooms with built-in robes
• Activity room and dedicated study for added functionality
• 4-car wide shed, ideal for car enthusiasts
• Outdoor features, including fruit trees and approximately 2 acres of irrigated pasture
• Rainwater tanks for sustainable water usage
• Reticulated greenhouse for gardening enthusiasts
• Bore with 3-phase power for additional convenience
Development Potential
The property is now under the new development zoning guidelines of the City of Wanneroo, offering significant potential for investors and developers. The zoning permits the subdivision of the entire land parcel, making it ideal for residential development. Future plans indicate access via two roads, including Mariginiup Rd and a new neighbourhood connector (approximately 20m wide).
Investment Highlights
• Strategic Location: Situated in a rapidly developing area with increasing demand for residential properties.
• Subdivision Opportunities: Potential to subdivide into smaller blocks, maximising return on investment.
• Future Growth: Take advantage of anticipated infrastructure improvements and nearby urban development.
This property represents a unique investment opportunity in Mariginaup's growing area. With its substantial land size, existing dwellings, and favourable zoning for development with the current school zoning dispute-95 Mariginiup Rd is a must-buy for those looking to capitalise on future profits. Don't miss out on this exceptional chance to invest in a promising location!
Disclaimer: Photos are for reference only. This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on it and should make their own independent enquiries. The particulars in the advertisement are not intended to form a part of the contract. Inspection is recommended, as we do not guarantee the accuracy and condition of the property as shown in the photos. This advertisement has been prepared with our best endeavours to ensure the information contained in this document is true and correct. We accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or exclusions in it. Prospective buyers must make their own inquiries to verify that the information contained in this material is true. School Zoning Dispute - There is an ongoing dispute regarding the council's advertised structure plan, which designates the property for a primary school. This designation has been contested by landowners and the Department of Education, which was initially set to acquire the land. However, the council has recently agreed to relocate the school to the eastern side of Mariginiup Rd. For further details, please refer to the attached plan and the minutes from the latest council meeting held on October 8, 2024.
