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RARE INVESTMENT & DEVELOPMENT OPPORTUNITY IN ONE!
Enviably positioned within easy access of everything this trendy, city fringe suburb has to offer, this rare 1012SQM (approx.) development site with two tenanted duplex halves in situ inspires exciting possibilities for the future. Currently both leased on fixed term agreements to excellent tenants who would love to stay on, the options here are truly endless. Continue the tenancy and land bank the site for the future, demolish and redevelop into multiple brand new dwellings* or demolish and build the home of your dreams*, the choice is yours! Regardless of which avenue you choose to pursue, you can buy with confidence knowing your securing an extremely rare opportunity in an outstanding, blue-chip location. But hurry as this one won’t last long!
THE FEATURES YOU WILL LOVE
• Rare 1012sqm combined block with a wide 20.12m frontage and R40 zoning
• 2 neat and functional, strata titled duplex halves in situ, providing holding income whilst you plan your next move
• 132 Albert Street (right hand side) comprising of 3 bedrooms, 2 bathrooms (master with ensuite), an open plan kitchen and meals area, separate sunken lounge with sliding doors onto a side covered alfresco and paved rear courtyard, double carport PLUS at the rear (which is currently separated from the tenants) a huge, grassed area and freestanding brick workshop/garage (in need of repair)
• 132A Albert Street (left hand side) comprising of 3 bedrooms, 1 bathroom, an open plan kitchen and meals area, separate lounge, covered patio leading onto an easy care backyard with shed plus single carport.
• Bonus rear lane access
THE LIFESTYLE YOU WILL LIVE
• 190m to Osborne Park Primary School
• 350m to #402 City Bound Bus Stop (Main Street after Lawley Street)
• 400m to Xtend Fitness Osborne Park
• 700m to Pala Café
• 750m to Servite College
• 800m to Robinson Reserve & Osborne Park Bowling Club
• 800m to Main Street Café Strip (home to Café Amaretto, CHICH Small Bar, Social House, Dragon Chef Restaurant, Nakorn Thai Restaurant, Little Lebanon Restaurant to name a few)
• 800m to Stirling Libraries - Osborne Park
• 900m to Mitchell Freeway Hutton Street on-ramp
• 1.9km to Roselea Stirling Shopping Centre
• 3.1km to The Western Australian Golf Club
• 6.5km to Karrinyup Shopping Centre
• 7.2km to Perth CBD
• 9.3km to Trigg Beach
*PLEASE NOTE:
1) BOTH PROPERTIES ARE TO BE SOLD ON AN "AS IS-WHERE IS" BASIS WITH NO SELLER REPRESENTATIONS OR WARRANTIES
2) BOTH PROPERTIES ARE CURRENTLY TENANTED ON FIXED TERM TENANCY AGREEMENTS (CONTACT AGENTS FOR DETAILS)
3) ALL AREAS & DIMENSIONS PROVIDED ARE APPROXIMATE ONLY AND ARE SUBJECT TO SURVEY
4) ALL DEVELOPMENT IS SUBJECT TO COUNCIL & WAPC APPROVAL
For further details, please TEXT Mark & Debra Passmore on 0411 870 888 or email [email protected]
***Passmore Real Estate wishes to advise that whilst every care is taken in the preparation of these details, they MUST be verified if relied upon, before entering into any Contract of Sale***
Property features
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Carports
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Property snapshot by reiwa.com
This property at 132 & 132A Albert Street, Osborne Park is a three bedroom, one bathroom duplex sold by Mark & Debra Passmore at Passmore Real Estate on 02 Sep 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Osborne Park or see other recently sold properties in Osborne Park.
Nearby schools
Osborne Park overview
The years following the Second World War saw the transformation of Osborne Park into the mixed-use residential, industrial and commercial suburb it is today. Part of the City of Stirling's municipality, Osborne Park has a land area of five square kilometres and a population exceeding 4,000 people.
Life in Osborne Park
The Osborne Park industrial area is a significant feature within the suburb, housing showrooms, retail outlets and business offices. The residential sectors of Osborne Park enjoy numerous small recreational parks, while Herdsman Lake is a large area of open space that attracts both locals and visitors.
Main Street is a beacon for lovers of multicultural cuisine with restaurants, cafés and shops lining the lively street. Also in the suburb are a number of recreational facilities such as gymnasiums and indoor sporting centres, and a local primary school.
Osborne Park quick stats
High end
$788k
Median
$710k
Low end
$667k
12.7 %
Annual growth
$710k
Annual median sales price
$750pw
Annual median rental price
