SOLD
Sold on 16 Apr 2024 for $19,000,000

25 King Edward Road
Osborne Park WA 6017

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 6703m2
Land area: 35968m2
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Property Details for 25 King Edward Rd, Osborne Park

Building Type
Commercial
Year Built
1970
Floor Size
6703m2
Land Size
35968m2
Local Government
Stirling
Lot/Plan
251/D061159

Last Listing description (November 2023)

Industrious Property Group is pleased to offer for sale 25 King Edward Road, Osborne Park, a rare and significant opportunity in the otherwise tightly held and in demand Osborne Park commercial & industrial locality.

25 King Edward Road, some 9km's* north west of the Perth CBD, is situated nearby the intersection of Scarborough Beach Road, the Innaloo commercial/retail precinct and the Herdsman office precinct and has connectivity into major surrounding arterial roads including Scarborough Beach Road, the recently extended Stephenson Avenue and the Mitchell Freeway.


The property offers a series of older style office and warehouse/workshop facilities totalling 6,533sqm* along with extensive areas of asphalt hardstand on a 35,968sqm* site.

25 King Edward Road offers a variety of unique short, medium and long term opportunities (STCA).

Property highlights include:

35,968sqm* site
One of Osborne Park's last remaining development sites with scale
Zoned "Development"
Short term holding income over portion of the site
Passing rent of $412,000 + GST (as at 1 December 2023)
6,533sqm* improvements
Extensive asphalt hardstand areas

25 King Edward Road, Osborne Park is being offered for sale via an Expressions of Interest campaign closing at 2pm AWST on Friday 1 December 2023.

For more information and/or to arrange an inspection, please contact Warick Irving on +61 413 863 335.

*approximate

Property History for 25 King Edward Rd, Osborne Park, WA 6017

A timeline of how this property has performed in the market
Last Sold
$19,000,000
16 Apr 2024
Listed for Rent
07 Jul 2022
  • 16 Apr 2024
    Sold for $19,000,000
  • 07 Nov 2023
    Listed for Sale Expressions of Interest
  • 24 Sep 2020
    Listed for Rent $27 / year
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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 4,656 properties.

    There are currently 27 properties listed for sale, and 25 properties listed for rent in Osborne park on OnTheHouse. According to CoreLogic's data, 260 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.