SOLD
Sold on 08 Feb 2024 for $1,325,000

8/443 Scarborough Beach Road
Osborne Park WA 6017

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 216m2
Land area: 657m2
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Property Details for 8/443 Scarborough Beach Rd, Osborne Park

Building Type
Commercial
Year Built
1991
Floor Size
216m2
Land Size
657m2
Local Government
Stirling
Lot/Plan
8/S026631

Last Listing description (May 2024)

Features:

+ Fully leased and multi tenanted
+ Current net rent $74,000pa approximately

+ Leased to three tenants
+ Highly sought after property

8A
+ Leased to Allsmart Pty Ltd (Cablenet)
+ Lease expiry 31st August 2024
+ 2 x 3 year option periods
+ Current rent $26,522pa approximately
+ Bank Guarantee $8,278

8B
+ Leased to Bellagio Corporation Pty Ltd (Private Storage)
+ Lease expiry 30 June 2025
+ 2 year option period
+ Current rent $18,060pa approximately
+ Security Bond $4,257

8C
+ Leased to XRF Chemicals Pty Ltd (ASX listed tenant)
+ Lease expiry 30 June 2025
+ 2 year option period
+ Current rent $29,430pa approximately
+ Bank Guarantee $6,605

For further information please contact the Exclusive Selling Agent.

Property History for 8/443 Scarborough Beach Rd, Osborne Park, WA 6017

A timeline of how this property has performed in the market
Last Sold
$1,325,000
08 Feb 2024
Listed for Rent
31 Aug 2021
  • 08 Feb 2024
    Sold for $1,325,000
  • 27 Oct 2023
    Listed for Sale Price on Application
  • 20 Jul 2021
    Listed for Rent $19,950 / 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 4,640 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.
There are currently 34 properties listed for sale, and 13 properties listed for rent in Osborne park on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Osborne park.

Suburb Insights for Osborne Park 6017

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Ben Flanagan
Show contact details
Burgess Rawson
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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.