Previously Dizzy Lamb Park now WASP Paintball.
On 3 separate titles with a total of 18.84 Ha or 46.55 acres. High profile location with approx 578.3m frontage onto Perth's Northern major access road Wanneroo Rd. on the corner of Karoborup Rd, with a 3rd road frontage to Bailey Rd. the water licence is 30,805Kl per annum.
The zoning is "General Rural" & is situated in the "Landscape Enhancement Precinct". Subject to Wanneroo Council Approval you may build;
Private clubs
Recreation
Brewery
Exhibition Centre
Industry Cottage
Serviced Apartment
Small Bar
Tourist Development
Recreation, Private Land Use is now discretionary
The properties are currently leased as by WASP paintball for an annual rent of $44,323 per annum, plus all outgoings with 5 % increase per annum, this lease is current and will run until it expires on the 5/12/2023.
A second lease for a mobile phone tower is situated in the North West corner of 414 Karoborup Rd, an area of 202sqm to Telstra.
The 3 titles comprise of:
414 Karoborup Rd-10.38 Ha or 25.65 acres, with office and change rooms.
400 Karoborup Rd-4.23 Ha or 10.25 acres, bush block
27 Bailey Rd-4.23 Ha or 10.25 acres.
The property is being sold as a whole and could be subject to GST if applicable.
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