A fully leased investment in the blue-chip suburb of Osborne Park is expected to attract strong amounts of interest from local, national, and international buying groups when it formally hits the market this week at 7-11 Hutton Street, Osborne Park.

The prominent 3,845sqm* site is located on the corner of Hutton Street and Howe Street and enjoys ‘local centre’ zoning providing future redevelopment options in the medium terms (STCA).

7 - 11 Hutton Street, Osborne Park offers prospective purchasers a strong anchor tenant in Vibe Petroleum, complimented by multiple diverse other income sources. With a long 96m* frontage to Hutton Street and over 30,000 vehicles passing the site each weekday, the property benefits from terrific exposure with fantastic connectivity to the Perth CBD via the Mitchell Freeway.

This represents a very rare opportunity for an investor to secure a prominent site in one of Perth’s tightly held retail and service precincts.

Colliers State Chief Executive WA, Richard Cash and Executive of Investment Services, Aidan Austen have been exclusively appointed to sell the property. 

Mr Cash said “The property benefits from a strong and secure income stream, whilst having a significant underlying land value making it a prime site for future development.”

Mr Austen said “Opportunities of this nature rarely come to market within the Osborne Park precinct being very tightly held with generational ownership. The property benefits from a unique ‘local centre’ zoning, which it is one of only two properties within Osborne Park that are zoned such way.”   

The property will be offered for sale via an ‘Expressions of Interest” campaign launching this week. 

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