Lot 117 Swan St HENLEY BROOK WA 6055
$345k for 2.18Ha

DESCRIPTION

Offers invited from $345k

In brief:
- Located in metropolitan Perth.
- Riverfront property of 2.18 Ha. (5.4 Acres).
- 100 metre frontage on the Swan River.
- Zoning is Rural and floodplain (no dwelling/residence).
- 3 shipping containers are located on the block. 1 is insulated and fitted as an office, complete with mains power supply.
- 3 phase power is available on the street, with single phase having been connected.
- Land tax and rates per year: $1600
- No groundwater licence exists.

***Note: No bedrooms, nor Bathrooms: The Ad. defaults to this condition.

The land is flat and the block is clean.

It is located in the northern suburbs of Perth, W.A., less than 5 minutes from the expanding middle distant suburbs of Henley Brook (residential part) and Ellenbrook, and is easily accessible via major roads.

The property is part of a deceased Estate and is being sold by the Administrator of that Estate.

As the Estate must be resolved, the expected substantial price improvement over the next few years can't be waited for.
Gain:

Gain can not only be had from earning income off the property, but the price is now approaching a level where a purely speculative gain should be easily had.
Rapid expansion:

The adjacent suburbs of Ellenbrook, Aveley and Henley Brook, will finally be filling out (next 2 years) and the final major roadworks, including Northlink (June 2019 completion) will soon be completed, which all follow the completion of Gnangara road as 2 lane highway in 2017.
Surrounding blocks:

Surrounding blocks are engaged in horticulture, horticulture with large sheds (equipment storage, sized up to about 400 sq. metres.), and such activities as the keeping of horses.

As usual, all activity requires the approval of the City of Swan.