The property comprises 26 hectares of industrial zoned land situated approximately 30km north of the Perth CBD and in close proximity to Landcorps 'Neerabup Industrial Area' project which has commenced development and will be developed over a 20 year period.

The land is currently being used as a sand quarry and at the end of the lease term the property is intended to be subdivided into smaller industrial lots.

The property was purchased in October 2006.