Type: Industrial/Warehouse

30 Walters Drive
OSBORNE PARK

PRIME LEASED INVESTMENT / DEVELOPMENT SITE

Land Area: 2784 sqm Floor Area: 1197sqm

Price: FROM $3.95 MIL, GST FREE GOING CONCERN

30 Walters Drive, Osborne Park WA

PRIME LEASED INVESTMENT / DEVELOPMENT SITE


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LARGE LAND HOLDING

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FULLY LEASED WITH GOOD HOLDING INCOME

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KEY CENTRAL LOCATION

The whole of the site, comprising 3 strata-titled units. 2,784m2* Land with total building area of 1,197m2* (blend of strata and lettable building areas) with a mix of office and warehouse areas. There are 31 car bays onsite. Currently all 3 units are leased with varying expiries providing ample holding income for the astute Land banker, Investor or Developer.

Unit 1 - 538m2 as per lettable area plan, building strata area of 462 m2.
Unit 2 - 385m2 building strata area.
Unit 3 - 274m2 building strata area.

ZONING

The Site is currently zoned "Mixed Use" under the City of Stirling's - Herdsman Glendalough Structure Plan. The Local Development Plan for the Area is the Herdsman Glendalough Development Plan, under which the site sits within street Character Type 2, which has a base plot ratio of 2.5 and a base height limit of 10 storeys with potential development bonuses that allow up to 16 storeys and a further 1.5 plot ratio. **STCA

LOCATION

Situated within the Herdsman Business Precinct of Osborne Park, which is renowned as a premier and highly sought after commercial area outside Perth CBD, due to its proximity to both the Mitchell Freeway and Railway Line. The Herdsman precinct is serviced by a high frequency bus service which delivers to the Glendalough Station. The site sits within 50m of the proposed Hutton Street Extension, ensuring a prime location maximising exposure to the new intersection.

SALE DETAILS

The property will be Sold as a Going Concern.

Please contact the agents for more details or to arrange an inspection.

*approx. ** subject to council approval.

Contact Details

Paul Farris

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M: 0424 888 778

Contact us about this property