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2HA CORNER SITE WITH INCOME & UPSIDE
Positioned on a substantial 2-hectare (20,000sqm) corner block with excellent access options, 49 Lisadell Road, Medowie presents a rare large-scale landholding in one of the region's fastest-growing locations.
Currently improved with two separate residences, both leased at $530 per week, the property also generates additional income through horse agistment and signage leasing, creating a conservative gross annual return of approximately $67,600.
Zoned RU2 (Rural Landscape) and surrounded by ongoing rezoning activity, new infrastructure and a recently developed high school, the future potential here is undeniable.
Offering strong holding income, outstanding scale and close proximity to Medowie's CBD and surrounding growth corridors, this is a genuine opportunity for astute buyers, investors or developers to secure a strategic landholding with significant long-term upside.
Currently improved with two separate residences, both leased at $530 per week, the property also generates additional income through horse agistment and signage leasing, creating a conservative gross annual return of approximately $67,600.
Zoned RU2 (Rural Landscape) and surrounded by ongoing rezoning activity, new infrastructure and a recently developed high school, the future potential here is undeniable.
Offering strong holding income, outstanding scale and close proximity to Medowie's CBD and surrounding growth corridors, this is a genuine opportunity for astute buyers, investors or developers to secure a strategic landholding with significant long-term upside.