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74 Walters Drive, OSBORNE PARK, WA 6017

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74 Walters Drive, OSBORNE PARK, WA 6017
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74 Walters Drive, OSBORNE PARK, WA 6017

74 Walters Drive, OSBORNE PARK, WA 6017

Properties / Sold / Western Australia / Osborne Park
Development Potential

1. Property Summary

Property Type
Commercial, Mixed Use
Land Area
4,000 m² (*approx)
Selling Method
Asking: Asking Price of $5,600,000
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2. Property Highlights

MASSIVE VALUE ADD OPPORTUNITY

With land and buildings arguably 50% below replacement cost, 74 Walters Drive, Osborne Park represents an enormous value add opportunity to acquire the former Lotterywest Head Office building in Herdsman Business Park.

Highlights Include:

- Land area of 4,000sqm*;

- Functional office improvements of 2,897 sqm*;

- Massive parking over 90 bays;

- Suit owner occupier or investor/developer;

- Potential to develop over 10 storeys;

- Prime location within Herdsman Business Park;

- Full fitout included;

- NABERS Exempt.

- Opportunity to refurbish, hold and redevelop in the future.

Asking price $5,600,000 - offers presented.

*approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial, Mixed Use
Land Area
4,000 m² (*approx)
Selling method
Asking: Asking Price of $5,600,000

2. Property Highlights

MASSIVE VALUE ADD OPPORTUNITY

With land and buildings arguably 50% below replacement cost, 74 Walters Drive, Osborne Park represents an enormous value add opportunity to acquire the former Lotterywest Head Office building in Herdsman Business Park.

Highlights Include:

- Land area of 4,000sqm*;

- Functional office improvements of 2,897 sqm*;

- Massive parking over 90 bays;

- Suit owner occupier or investor/developer;

- Potential to develop over 10 storeys;

- Prime location within Herdsman Business Park;

- Full fitout included;

- NABERS Exempt.

- Opportunity to refurbish, hold and redevelop in the future.

Asking price $5,600,000 - offers presented.

*approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Tony Delich
Tony Delich
+61 *** *** *** show +61 418 926 410

Download Development Site Report
Tony Delich
Tony Delich
+61 *** *** *** show +61 418 926 410

3. Property Location

74 Walters Drive, OSBORNE PARK, WA 6017

Property Map
Street View

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Download Report
74 Walters Drive, OSBORNE PARK, WA 6017 Osborne Park
Knight Frank - Perth
Knight Frank - Perth
Lvl 37, Exchange Tower, 2 The Esplanade PERTH, WA 6000
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Tony Delich
Tony Delich
+61 *** *** *** show +61 418 926 410