Lot 12 Stansfield Road, Narngulu WA 6532
Sold for $360,000
Future Industrial Development
Position your property portfolio to the future growth of Geraldton by investing in this potentially sub-dividable Narngulu SPECIAL USED ZONE block to take advantage of the anticipated industrial requirements future mineral development projects will generate.
Some of the discretionary uses for the block are Warehouse, Industry Light, Industry Service, Motor vehicle repairs, Trade Display etc etc.
The block size is 13.23 ha or 32.7 acres and has a two road frontage.
The property can potentially be subdivided into 28 blocks ranging from 2,000m2 to 5,000m2 which could generate a healthy capital gain in the future.
The property is situated close to the main transport corridors that lead to the Geraldton Port and other commercial and industrial precincts in the Geraldton area.
Blocks of this size are very tightly held due to their potential to generate big profits over time.
The owner is keen to sell and all offers are invited. Call John Mandosio on 0417 959 004 for further details.
Property ID: 723854