BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Major Investment Asset with Future Development Upside\nRarely does a landholding of this size become available in this tightly held com mercial precinct. Historically\, Osborne Park has been a key industrial p recinct for Perth\, with Scarborough Beach Road progressing to more comme rcial uses including large format retail and motor vehicle sales.\n\nWhil st the planning framework is currently under review\, the eastern end of Osborne Park is now very much in focus as a future mixed use destination. Buyers may seek to capitalise on the State Governments objective to acti vate key sites adjacent to Perth's rail transport networks. This might in clude multi storey residential/mixed use development\, noting the site is located within 200 metres of the Glendalough Station. Otherwise\, given its scale\, longer term the site may be suitable for other commercial use s and potentially commercial redevelopment.\n\nWith several long-standing tenants\, the site provides passing income and presents as a strategic i nvestment with enormous future development potential.\n\nKey Features:\nL and area: 30\,562 square metres\nBuilding area: 15\,784 square metres\nSt reet Frontages\nScarborough Beach road: 102.34 metres\nNeil Street: 62.75 metres\nEstimated Rental Income from 1 July 2026: $2\,020\,100 net per a nnum\nZoned: Development - refer to relevant State and Local Government a gencies for information around various Planning Frameworks for the area\n \nThis iconic investment opportunity is being sold via an Expressions of Interest process with the closing date for bids 4 June 2026.\n\nFor addit ional information\, please contact the Exclusive Agents: DTEND:20260604T160000 DTSTAMP:20260506T031151Z DTSTART:20260604T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 342 - 344 Scarborough Beach Road\, Osborne Park WA UID:CRE-2020814919-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

Major Investment Asset with Future Development Upside
Rarely does a landholding of this size become av ailable in this tightly held commercial precinct. Historically\, Osborne Park has been a key industrial precinct for Perth\, with Scarborough Beac h Road progressing to more commercial uses including large format retail and motor vehicle sales.\n
\n
Whilst the planning framework i s currently under review\, the eastern end of Osborne Park is now very mu ch in focus as a future mixed use destination. Buyers may seek to capital ise on the State Governments objective to activate key sites adjacent to Perth's rail transport networks. This might include multi storey resident ial/mixed use development\, noting the site is located within 200 metres of the Glendalough Station. Otherwise\, given its scale\, longer term the site may be suitable for other commercial uses and potentially commercia l redevelopment.\n
\n
With several long-standing tenants\, th e site provides passing income and presents as a strategic investment wit h enormous future development potential.\n
\n
Key Features:\n
Land area: 30\,562 square metres\n
Building area: 15\,784 sq uare metres\n
Street Frontages\n
Scarborough Beach road: 102. 34 metres\n
Neil Street: 62.75 metres\n
Estimated Rental Inco me from 1 July 2026: $2\,020\,100 net per annum\n
Zoned: Developmen t - refer to relevant State and Local Government agencies for information around various Planning Frameworks for the area\n
\n
This ic onic investment opportunity is being sold via an Expressions of Interest process with the closing date for bids 4 June 2026.\n
\n
For additional information\, please contact the Exclusive Agents:

< /html> END:VEVENT END:VCALENDAR