Unlock the potential of this prime corner property at 127 Main Street, Osborne Park. With 426 sqm of adaptable space on a 1,012 sqm site, this high-visibility location offers existing licenses, valuable amenities, and substantial development upside under the Herdsman - Glendalough Local Development Plan. Perfect for an owner-occupier or a savvy investor looking to capitalize on both immediate income and future growth. Don't miss this rare opportunity to make your mark in a bustling commercial hub!
Property Highlights:
• Address: 127 Main Street, Osborne Park, WA 6017
• Land Size: 1,012 sqm
• Building Size: 420 sqm
• Zoning: Development (Character Street Type 6) under the Herdsman - Glendalough Local Development Plan, allowing for mixed-use 4-storey development
• Current Tenancy: 160 sqm leased for $53,000 per annum + Outgoings + GST
• 260 sqm of space is currently vacant and ready for immediate use, offering an ideal opportunity for an owner-occupier to start operations now while also benefiting from future development potential.
This prime corner site has been home to the renowned Acciari Butcher / Deli for many years and offers numerous opportunities:
Features:
• EXCELLENT ROI!!!
• Partially leased
• Existing licenses for Butcher, Deli, Lunch Bar, and Shop still valid
• Large front deli space with existing show cabinets
• Multiple cool rooms, dry rooms, and a freezer, all in working condition
• Two range hoods for multiple cooking areas
• Grease Trap installed for food preparation
• Fitted with a range of equipment that can be utilized
• Male and female toilets, shower, gas, and 3-phase power
• Monitored alarm security system
• Building has two separate meters, allowing for division into two smaller tenancies if needed
Development Upside:
• Corner Position: The property boasts three street frontages at a high-profile intersection
• High Traffic Exposure: Located on the busy SW corner of Cape and Main Streets, both major arterials with significant passing traffic
• Access: Cape Street provides entry onto the Mitchell Freeway, while Hutton Street offers access both North and South
• Public Transport: Bus services along Main Street deliver directly to Glendalough and Stirling Stations
• Local Amenities: Retail and F&B options within easy walking distance
Opportunity! This property is versatile and suited for a range of uses. While currently equipped for food preparation, it can be easily adapted for office, medical, consulting, or other commercial purposes that require substantial parking. The development potential is also significant, making it a prime candidate for mixed-use development.
For more information, please contact Ash Dhingra at 0424 810 061 or email ash@swansresidentail.com.au,
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Disclaimer: Photos are for reference only. Furniture is not included. The particulars in the advertisement are not intended to form a part of the contract. Inspection is recommended, as we do not guarantee the accuracy and condition of the property as shown in the photos. This advertisement has been prepared with our best endeavours to ensure the information contained in this document is true and correct. We accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or exclusions in it. Prospective buyers/tenants must make their own inquiries to verify that the information contained in this material is true.
