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)
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:
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