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 carbays onsite. Currently all 3 units are leased with varying expiries providing ample holding income for the astute Landbanker, 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 a base plot ration 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 well known as a premier and highly sought after commercial area outside Perth CBD, due to its location right next to both the Mitchell Freeway and Railway Line. Herdsman is also serviced by its own high frequency bus service which delivers straight to Glendalough Station.
The site also sits within 50m from the proposed Hutton Street Extension, which will mean the site will be primely located to maximise exposure from the new intersection.
SALE DETAILS For Sale via Expressions of Interest closing the 4pm WST on 14th December 2023.(if not sold prior) Sold as a Going Concern.
Please contact the agents for more detail or to arrange an inspection.