2 Victoria Way, Osborne Park is a 6 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 932m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Secure an excellent development opportunity in a quiet, sought-after location less than 10km to Perth CBD, on this huge parcel of land close to fantastic amenities, quality schools and public transport. At 932sqm in size, and bordering Stirling's prized Princeton Estate, this impressively sized corner block leaves you with options aplenty. Currently, there are two older-style duplexes situated on the lot, each featuring three bedrooms, one bathroom and a single garage. Demolishing the existing dwellings and replacing them with brand-new villas or townhouses presents an exciting and profitable prospect for developers looking to secure a high-growth investment in a fabulous location.With the option to subdivide the site under the current R30 zoning, this block of land is ripe to redevelop with up to three lots, and the desirable corner position makes the offering even more attractive.Location is key here in Osborne Park, a suburb that is sought-after for its convenience, proximity to the coast, retail and entertainment areas and easy access to the freeway. Proximity to public and private schools, Main Street's vibrant commercial and cafe precinct and Stirling Station make this site exceptionally well-placed for families and professionals alike. Westfield Innaloo Shopping Centre is under 10 minutes' drive away, and only a little further to the spectacular Scarborough Beach Esplanade. If you're after a substantial parcel of land in an established area that ensures future growth, contact Rick Milankov from Xceed Real Estate on 0402 676 050.Features include:- Total land size 932 sqm- Zoned R30 (triplex potential)- 2 duplex dwellings with three bedrooms, 1 bath each- One-car garage- Separate laundry- Fantastic corner block - advantageous for building units- Superb location close to transport, shopping, schools Location (approx. distances):- 950m Osborne Primary School- 4.2km Innaloo Shopping Centre- 4.4km Herdsman Lake- 7.2km Lake Monger- 7.2km Mount Lawley Golf Club- 8.1km Scarborough Beach and Esplanade- 8.5km Servite College - 9kms Perth CBD- Close to public transport and easy freeway access
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:
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