SOLD
Sold on 27 Oct 2023 for $1,590,000

11/87 Hector Street W
Osborne Park WA 6017

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 738m2
Land area: 969m2
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Property Details for 11/87 Hector St W, Osborne Park

Building Type
Commercial
Year Built
1989
Floor Size
738m2
Land Size
969m2
Local Government
Stirling
Lot/Plan
11/S018043

Last Listing description (June 2024)

Welcome to 11/87 Hector Street, Osborne Park! This exceptional industrial/warehouse property is now available for sale. Boasting a generous land area of 969 sqm and a spacious building area of 738 sqm, plus 231 sqm rear yard this property presents an incredible opportunity for investors offering a return of 5.8% and is leased until 31 March 2028.Situated in the highly sought-after Osborne Park area, this property offers excellent accessibility and convenience. With its prime location, you'll have easy access to major transport routes, including Mitchell Freeway and Scarborough Beach Road, ensuring seamless connectivity to the rest of Perth.The FULLY LEASED property features a well-designed layout, providing ample space for various industrial or warehouse activities. and is located in a strata complex of 11 industrial unitsIn addition to its functional layout, this property also offers numerous amenities and features. With a price guide of $1,700,000, this property represents exceptional value for its size and location. Don't miss out on this fantastic opportunity to secure a prime industrial/warehouse property in Osborne Park.Contact us today to arrange a viewing and explore the potential of 11/87 Hector Street, Osborne Park. Don't delay, as properties like this are in high demand and won't last long on the market!

Property History for 11/87 Hector St W, Osborne Park, WA 6017

A timeline of how this property has performed in the market
Last Sold
$1,590,000
27 Oct 2023
  • 21 Nov 2023
    Listed for Sale Leased investment for sale $1,700,000 - net rent $98,750 pa
  • 27 Oct 2023
    Sold for $1,590,000
  • 30 Aug 2022
    Listed for Sale $1,700,000

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About Osborne Park 6017

The size of Osborne Park is approximately 5 square kilometres. It has 3 parks covering nearly 0.3% of total area. The population of Osborne Park in 2011 was 4,047 people. By 2016 the population was 4,106 showing a population growth of 1.5% in the area during that time. The predominant age group in Osborne Park is 20-29 years. Households in Osborne Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Osborne Park work in a professional occupation. In 2011, 46.5% of the homes in Osborne Park were owner-occupied compared with 45.3% in 2016.

Osborne Park has 4,648 properties.

    There are currently 25 properties listed for sale, and 24 properties listed for rent in Osborne park on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Osborne park.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.