SOLD
Sold on 30 Oct 2024 for $4,200,000

72 Collingwood Street
Osborne Park WA 6017

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3642m2
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Property Details for 72 Collingwood St, Osborne Park

Building Type
Commercial
Year Built
1970
Land Size
3642m2
Local Government
Stirling
Lot/Plan
78/P002809

Last Listing description (December 2024)

Fully Leased Building

Constructed around 1970 this functional warehouse is split into 3 Units, all fully leased with a passing Gross rental of $325,266.12 per annum.

Leases expire between late 2027 and mid 2028 and all have 5 year options.

Existing tenants enjoy quality fitouts with split system a/c to the office areas and evaporative cooling to the warehouse areas.

There is excellent onsite parking and maneuverability for Container delivery to roller door access points along the eastern side.

The floorplates are functional and have given the existing tenants plenty of scope to complete attractive fitouts. This includes end of trip facilities which is a bonus for this area. Situated north west of the Perth CBD and directly north of Herdsman Lake with very easy access to the Freeway via Hutton St less than 100 metres away.

This property is in a high and very central location at the favoured eastern end of Osborne Park Commercial and Industrial Precinct. Within the Stirling Council Area Zoned Industrial.

Rates (approximate):
Council Rates: $17,469.11 pa
Water Rates: $1,528.746 pa
Land Tax $33,488.25 pa
Business Insurance $5,530 pa (Up until 30/06/25)

Property History for 72 Collingwood St, Osborne Park, WA 6017

A timeline of how this property has performed in the market
Last Sold
$4,200,000
30 Oct 2024
Listed for Rent
$1.53k/w
28 Oct 2022
  • 30 Oct 2024
    Sold for $4,200,000
  • 30 Sep 2024
    Listed for Sale UNDER OFFER
  • 05 Jul 2017
    Listed for Rent - Price not available
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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 4,653 properties. Over the last 5 years, Houses in Osborne Park have seen a 60.00% increase in median value, while Units have seen a 94.00% increase. As at 30 November 2024:

  • The median value for Houses in Osborne Park is $938,367 while the median value for Units is $477,614.
  • Houses have a median rent of $670 while Units have a median rent of $525.
There are currently 28 properties listed for sale, and 14 properties listed for rent in Osborne park on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Osborne park.

Suburb Insights for Osborne Park 6017

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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.