45 Cape Street,
Osborne Park, WA 6017
Other • Development Sites & Land
Price information
Sold
$4,550,000
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Sold on
Map of 45 Cape Street
In One Line Opportunity - Large Apartments, High Income, Reliable Cashflow
This is your chance to secure a rare block of 18 apartments in Osborne Park. With its unbeatable location close to local shopping and freeway access. With strong and increasing income, and development opportunities, this property is a compelling proposition for investors and developers alike.
Plus, with high underlying replacement costs and R40 zoning, this is a solid long-term investment. With historically low vacancy rates.
Featuring:
• 18 Spacious apartments, consisting of;
• 12 x 3 bedroom apartments of 82sqm* each
• 6 x 2 bedroom apartments of 71sqm* each
• Massive 4,047sqm block, with significant excess land with future redevelopment upside
• Projected gross income of $380,000pa
• Very well maintained and cared for
• Unbeatable city fringe location with key infrastructure and shopping nearby
• Strong income and development potential
• High underlying replacement cost and R40 zoning
For further information or to arrange an inspection please contact the Agents:
Stephen Harrison
Ray White Commercial (WA)
Mobile: 0421 622 7...
Email: stephen.harrison@raywhite.com
Brett Wilkins
Ray White Commercial (WA)
Mobile: 0478 611 1...
Email: brett.wilkins@raywhite.com
Tom Jones
Ray White Commercial (WA)
Mobile 0478 771 117
Email: tom.jones@raywhite.com
*Approximately
Plus, with high underlying replacement costs and R40 zoning, this is a solid long-term investment. With historically low vacancy rates.
Featuring:
• 18 Spacious apartments, consisting of;
• 12 x 3 bedroom apartments of 82sqm* each
• 6 x 2 bedroom apartments of 71sqm* each
• Massive 4,047sqm block, with significant excess land with future redevelopment upside
• Projected gross income of $380,000pa
• Very well maintained and cared for
• Unbeatable city fringe location with key infrastructure and shopping nearby
• Strong income and development potential
• High underlying replacement cost and R40 zoning
For further information or to arrange an inspection please contact the Agents:
Stephen Harrison
Ray White Commercial (WA)
Mobile: 0421 622 7...
Email: stephen.harrison@raywhite.com
Brett Wilkins
Ray White Commercial (WA)
Mobile: 0478 611 1...
Email: brett.wilkins@raywhite.com
Tom Jones
Ray White Commercial (WA)
Mobile 0478 771 117
Email: tom.jones@raywhite.com
*Approximately
Additional information
External websites
Property ID: 504312320Last Updated: 11 Sep 2023
RWC - WA
12-14 The EsplanadePERTH, WA 6000
45 Cape Street
Osborne Park, WA 6017
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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