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5 Collingwood Street Osborne Park WA 6017

  • Industrial / Warehouse
  • 2,200 m²
  • For Sale, Mid 3 millions

Invest in Perth's Premier Commercial/Industrial Suburb

  • Diversified Income
  • Future Development Opportunity
  • Quality Useable Buildings

Located on Collingwood Street Osborne Park in the heart of the long-time performing Osborne Park commercial/industrial area.
The site is in proximity to King Edward Road, Hutton Street, Scarborough Beach Road and offers convenient access to the Mitchell Freeway both north and south bound.

Features Include:
• Irreplaceable Osborne Park land of approx. 3,642sqm
• Building area of approx. 2,200sqm split over 5 units
• Solid and secure holding Income ranging from 2019 to 2022. Majority in 2021
• Current rents are below market value so future rental increases are very realistic
• Option periods with redevelopment clauses in the landlords favour
• 1 vacant unit to either occupy or release to increase the holding income
• Future development potential
• Income spread over 3 separate tenants
• Rare green title purchase opportunity in Osborne Park that is securely leased
• Benefit from the massive Investment at Innaloo Shopping Center

Do not miss this opportunity to invest one of Perth’s best performing long term suburbs in a great buying market.
Secure and diversified holding income with quality buildings at a potential purchase price that is supported by the underlying land value this will be a well contested property.

Property Highlights

Property ID2014950950
Floor Area2,200 m²
Land Area3,642 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  27 Sep 2019
Map for 5 Collingwood Street Osborne Park WA 6017
WA Commercial Real Estate
Level 1, 465 Scarborough Bch Rd Osborne Park WA 6017

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