Reiwa Reiwa
126 Albert Street, Osborne Park WA 6017

126 Albert Street, Osborne Park WA 6017

Sold price: $1,015,000
Sold
Sold: 11 Oct 2023

6 Bedrooms

2 Bathrooms

Landsize 1,012m2

House

Contact the agent

Dominic Ferraro

0409373000

Abel Property Sales


UNDER OFFER... ?? Prime Investment Opportunity with Development Potential ??

Unlock The Potential Of This Super Centro Development Site

This large corner site on a flat, 1012m2 land parcel offers a rare chance to secure a solid investment in a sought-after location. With R40 zoning and a prime position, this property presents a golden opportunity for savvy investors and developers.

Property Highlights:

* Location: Situated at the gateway to the CBD and Osborne Park Business District, this property boasts convenient freeway access, making commuting a breeze.

* Land Parcel: With a generous 1012m2 land parcel, this corner site provides ample space for future development, offering the potential for 3 - 4 units (subject to council approval).

* Versatile Zoning: R40 zoning provides flexibility and opportunity for a diverse range of development options.

* R.O.W Access: The property benefits from rear-of-way access, enhancing its development potential and providing additional accessibility .

* Current Rental Income: Both residences are currently on periodic leases, generating sound rental returns. This provides a steady income stream for investors.

* Tenant Option: The property offers the option to retain the current tenants while planning and executing your development strategy.

* Amenities: Enjoy unparalleled accessibility to all amenities, including the bustling Osborne Park business district, Main Street's popular cafe strip, public and private schools, and major shopping centers.

* Central Location: With its central location, you'll be strategically positioned to take advantage of the best that the area has to offer.

* Investment Snapshot:

- Land Area: 1012m2 (approx.)
- Zoning: R40
- Development Potential: 3 - 4 units (STCA)
- Current Rental Income: Secure periodic leases in place
- Access: Direct freeway access to CBD and Osborne Park Business District

Seize the opportunity to make your mark on this exciting property. Whether you're an investor looking for solid returns or a developer with a vision, this property offers the canvas for your ambitions. Act now and reap the rewards of this exceptional investment.

For more information or to arrange a private viewing, contact Dominic Ferraro at Abel Property . Don't miss out on this chance to secure your future in a rapidly growing area!

(Disclaimer: All information provided is deemed reliable, but not guaranteed. Prospective buyers are advised to conduct their own due diligence)

Property features

Cost breakdown

  • Council rates: $2,989 / year
  • Water rates: $2,158 / year

Nearby schools

Osborne Primary School Primary Government 0.3km
St Kieran Catholic Primary School Primary Non-government 0.5km
Servite College Secondary Non-government 0.7km
Tuart Hill Primary School Primary Government 1.4km
Chrysalis Montessori School Primary Non-government 1.9km
St Denis School Primary Non-government 1.9km
Mount Hawthorn Primary School Primary Government 2.0km
Mount Hawthorn Education Support Centre Primary Specialist 2.0km
Balcatta Primary School Primary Government 2.3km
Nollamara Primary School Primary Government 2.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4734121