Costs and specs
126 Albert Street Osborne ParkWA6017
UNDER OFFER... Prime Investment Opportunity with Development Potential
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.
* 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)
- 6 bed
- 2 bath
- 4 Parking Spaces
- Total Land Area: 1,012 m²
- 4 Open Parking Spaces
- House House Category