87 Main Street, Osborne Park
Property Highlights
- Prized Main Street Osborne Park Land
- 6% Yield - 5 Year Lease Back Arrangement
- Possible 5 Story Future Development Site
This property has been SOLD.
Perth Commercial Property are pleased to offer to market with a 5 year lease back, 87 Main Street, Osborne Park.
A position on Main Street in Osborne Park is highly sought after at the best of times, but add 1012m2 of land and a 5 year lease to a well proven tenant to the mix and you have yourself a golden opportunity.
This proven retail and service store operator has successfully operated from this premises for more than 11 years and will continue to do so on a 5 year lease back arrangement.
Property Particulars
– 418 m2 approx of iron warehouse
– Roof has been replaced in approx 2010
– Good parking to both the front and rear of the property
– Front driveway and parking has been newly surfaced
– 3 Phase Power
Location
– Street fronting on sought after Main street
– Greater than 20,000 passing traffic count
– Direct access to bus stops as well as Glendalough Train Station less than 1.5km
Lease Particulars
– 5 year lease will be offered with the sale
– 3 x 2 year options
– 6% return on sales price
Zoning – City of Stirling – Herdsman / Glendalough Structure Plan.
Indicative height limit of up to 5 stories.
Outgoings
Shire rates $3,396
Water rates $1,853
Land tax $2,106
Sale Price – $1,450,000. No GST as seller is not registered for GST
Perth Commercial Property welcome your enquiry on this property:
Anna Valentine
0427 182 296
anna@perthcommercialproperty.com.au
