49 Adams Road, Mariginiup, WA 6078

Raine & Horne Commercial are pleased to bring to market this extraordinary opportunity to acquire a significant land holding in Perth's northern corridor. 49 Adams Road, Mariginiup is located approximately 40km north of the Perth CBD on the fringe of the metropolitan area with huge scope for urban infill opportunities in the future. Located within the kennel precinct of Perth's northern precinct, the property is securely leased to Hanrob on a ten year net lease, expiring in 2032. With a net rental income of $130,000 p.a. plus GST, this property enjoys the benefit of commercial returns, with residential capital growth potential in a burgeoning precinct. Situated within a few kilometres of Banskia Grove and residential in fill opportunity, this property would sit perfectly within a self-managed super fund or as an investment showing secure returns and solid capital growth prospects. Buy, invest and reap the rewards! For Sale by Offers to Purchase, closing 16th March 2023 at 10am AWST