15 King Edward RoadOsborne Park WA 6017
Property Details for 15 King Edward Rd, Osborne Park
Last Listing description (October 2017)
Colliers International are pleased to offer for sale this exceptional commercial investment property. 15 King Edward Road, Osborne Park is for sale by Public Auction.
Fully leased to longstanding tenant, Drummond Golf, this presents an outstanding opportunity to purchase a fixed income stream within a premier commercial location.
Located in the heart of Perths premier commercial hub, 15 King Edward Road offers a truly outstanding location less than 6km from the Perth CBD and within close proximity to key arterial roads such as Mitchell Freeway and Scarborough Beach Road.
The premises command an excellent corner position with dual access onto Carbon Court and King Edward Road, benefiting from high exposure and passing traffic.
Key Features:
Land area 2,000 sqm
Office/Showroom area 72 sqm
Warehouse area 978 sqm
Current net income of $168,661.44 per annum
Fully leased to Drummond Golf until December 2020
Prominent corner site in prime location
Zoning: Property is zoned Development, which falls within the Stirling City Centre precinct which proposes change to zoning subject to Detailed Area Planning to a City Centre zone.
Method of Sale: Public Auction to be held onsite 12 noon Tuesday 27 June 2017.
Auction conditions will not be read at the auction but are available from Colliers International. An information memorandum is available upon request.
For further information or to arrange an inspection please dont hesitate contact:
Stephen Baker 0434 659 845
Raj Singh 0434 650 853
Property History for 15 King Edward Rd, Osborne Park, WA 6017
- 09 Jul 2024Sold for $3,400,000
- 27 Jun 2017Sold for $2,750,000
- 22 May 2017Listed for Sale Not Disclosed
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0About 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 4,640 properties. Over the last 5 years, Houses in Osborne Park have seen a 54.52% increase in median value, while Units have seen a 91.97% increase. As at 31 October 2024:
- The median value for Houses in Osborne Park is $920,505 while the median value for Units is $469,043.
- Houses have a median rent of $750 while Units have a median rent of $530.
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