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5/7 O'Malley Street
Osborne Park WA 6017
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5/7 O'Malley Street Osborne Park WA 6017

  • Factory, Warehouse & Industrial
  • 828 m²
  • For Sale, From $2,000,000

Rally at O'Malley

    RWC WA is pleased to present Units 5/7 O'Malley Street, Osborne Park. A fantastic opportunity for a buyer to secure two side by side in demand warehouses currently on a single title.

    Strata lot of 828sqm, divided up by two 414sqm* brick constructed warehouses. Both warehouses currently leased separately with no further options. Available to purchase with holding income, future owner occupation or as an investment with great value add potential.

    Property features include:
    • Total strata area 828sqm
    • Two 414sqm* side by side warehouse. Can be subdivided into two separate units
    • Built circa 1976
    • 4.5 - 6.3m Truss height
    • Male and female toilets in each unit
    • 4.5m (h) roller doors to both units
    • 3 phase power available
    • Development zoning

    Unit 5
    • Currently tenanted by Perth party hire and used as storage.
    • 60sqm* internal brick office with mezzanine storage above
    • Asbestos roof

    Unit 6
    • Currently tenanted by Wing Chun Kung Fu and used as a martial arts studio
    • Small front office and change rooms
    • Painted walls and flooring
    • LED lights

    Tenancy details:
    • Unit 6: Leased until 31/12/2024. Passing Rent: $38,400pa + Outgoings + GST
    • Unit 5: Leased until 31/01/2026. Passing Rent: $42,158.52pa + Outgoings + GST (market review Feb 2025)
    • Potential market net rental - $120,000pa combined

    This property represents a fantastic investment opportunity with existing tenancy agreements in place, providing immediate rental income. Ideal for investors or owner-occupiers looking to establish themselves in a prime industrial location.

    Price guide: Offers Invited

    Estimated Outgoings (tenant recoverable):
    • Council rates - $6,522pa
    • Water rates - $3,477pa
    • Strata rates - $6,527pa
    • Land tax - $2,310pa

    For more information or to arrange an inspection please contact the agents:

    Lachlan Burrows
    0499 552 296
    lachlan.burrows@raywhite.com

    Tom Jones
    0478 771 117
    tom.jones@raywhite.com

    *Approx

    Ray White Commercial (WA)
    Ray White Commercial (WA)
    Ground floor, 12-14 The Esplanade
    Perth, WA 6000

    Property Highlights

    Floor Area828 m²
    Land Area828 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019531339
    Category
    Last updated  7 Nov 2024
    Map for 5/7 O'Malley Street Osborne Park WA 6017
    Ray White Commercial (WA)
    Ray White Commercial (WA)
    Ground floor, 12-14 The Esplanade
    Perth, WA 6000

    Property Highlights

    Floor Area828 m²
    Land Area828 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019531339
    Category
    Last updated  7 Nov 2024

    Co-Agents

    Lachlan Burrows
    Ray White Commercial (WA)
    Call
    0499 552 296
    Tom Jones
    Ray White Commercial (WA)
    Call
    0478 771 117

    More about 5/7 O'Malley Street Osborne Park WA 6017

    5/7 O'malley Street Osborne Park WA 6017 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 828 m² and a land area of 828 m². The listing ID for this property is 2019531339.

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