Sold
217 Albert Street, Osborne Park WA 6017
Sold price: $880,000
Sold: 29 Apr 2022
Sold
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5 Bedrooms
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2 Bathrooms
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Landsize 911m2
Duplex
View
UNDER OFFER - Prime land / develop or landbank ?
This great Triplex size block is a rare offering for the astute investor/developer.
With two existing brick/tile duplex homes on this 911m2 Green Title block the opportunity is here to bowl over and develop now or keep renting them out until you are ready to renovate or develop.
Both homes have good tenants and the rents are available on request. One duplex has three bedrooms and one bathroom and the other is a two by one.
Cleverly designed architectural plans have once been approved for a Triplex development and will be available to the purchaser for re-submission to the Council.
The high standard of developments in this area have been set in the nearby Princeton Estate and you are near wonderful restaurants, cafes, parks, schools and super easy access to the Mitchell Freeway north and south.
With easy freeway access you are only minutes from the city and just a short drive to the vibrant shopping and entertainment of the Mount Hawthorn strip and lively Oxford Street. And just a bit further towards the beach is the booming new Karrinyup shopping complex.
You get:
*Two semi/detached duplex homes.
*911m2 level Green title block.
*Development options galore.
*Close to shops.
*Easy freeway access.
*Rental income.
*Disclaimer. All information given is provided in good faith but prospective buyers are encouraged to do their own due diligence on development options and council approval.
Property snapshot by reiwa.com
This property at 217 Albert Street, Osborne Park is a five bedroom, two bathroom duplex sold by Gino de Mori at Beck & Call Property Group on 29 Apr 2022.
Looking to buy a similar property in the area? View other five 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
$855k
Median
$630k
Low end
$576k
4.8 %
Annual growth
$630k
Annual median sales price
$625pw
Annual median rental price
