66 Collingwood Street

Osborne Park WA 6017

BPG Australia is pleased to offer for sale a rarely available asset in Perth's sought after "Osborne Park Commercial and Industrial Precinct" located at 66 Collingwood Street, Osborne Park. The property presents as an ideal opportunity for investors, owner occupiers or developers.- LOCATIONThe property is extremely well-located in the heart of Osborne Park, which is considered to be one of Perth's premier commercial and industrial precincts due to its access to the Mitchell Freeway and close proximity to the Perth CBD only approximately 7 km's away. It is situated less than 500 metres from the Mitchell Freeway via Hutton Street on/off ramp and Powis Street access is also convenient. Reid Highway is a 7 minutes' drive north via the Mitchell Freeway and connects to the Tonkin and Roe Highways.- IMPROVEMENTSThe office/showroom building has brick and rendered brick elevations, glass windows on the front of the building with glass double doors accessing to Unit 1 and glass double doors accessing the ground and level 1 office suites. The street facing elevation offers an ideal opportunity for prominent signage to busy Collingwood Street. Level 1 is accessed via both internal and external staircase.The office/showroom component is approximately 2,282 sqm and has a mix of floor coverings including carpet with suspended ceiling, fluorescent and decorative lighting and air conditioning. The warehouse/factory component is approximately 1,046 sqm and is easily accessed via a driveway on the eastern side of the site. There are numerous roller doors to the showroom and warehouse areas.Substantial parking is located at the front of the site.- TITLE DETAILSThe property is legally described as Lot 20 on Diagram 21055 and contained within Certificate of Title Volume 2052 Folio 525. - SITE DETAILSLot 20 has a total land area of 5,665 square metres with a frontage to Collingwood Street of 40.23 metres and a depth of 140.82 metres.- ZONING DETAILSThe site is zoned "Industry" under the City of Stirling's Local Planning Scheme No 3.- TENANCY DETAILSThe property is currently fully leased with the major tenant being ARB Corporation. The current annual holding income is approx. $321,777.47 PA net plus GST. - SALE DETAILS66 Collingwood Street, Osborne Park is available for sale at an asking price of $5.8 million ("Going Concern").