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87 Main Street Osborne Park, WA 6017

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87 Main Street,
Osborne Park, WA 6017

Shops & Retail

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Map of 87 Main Street

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[SOLD] Secure Prized Land On An EXCELLENT Lease Back Return

  • 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 2...
anna@perthcommercialproperty.com.au

Additional information

Property ID: 502953326Last Updated: 7 Jan 2019

0427 182 2...
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87 Main Street
Osborne Park, WA 6017
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