Rare corner site in O’Connor with multiple uses and holding income
Knight Frank Australia & RN Corporate are pleased to exclusively present 23 Peel Road, O’Connor WA.
A rare opportunity to secure a strategic land holding within the O’Connor commercial/industrial precinct, located on the corner of Peel and Stock Road. The property is positioned within a high exposure area, between Leach Highway and South Street.
The site's improvements consist of multiple showrooms facing Stock Road with rear warehouses, leased to multiple tenants on a short-term basis providing solid holding income. Stock Road is a major link road between Leach Highway and South Street, offering occupiers massive exposure with over 30,000 vehicles passing daily.
Outstanding opportunity for any developer or owner occupier to acquire the site for future redevelopment.
Key Features:
- Land Area: 11,763 sqm* with wide frontage of over 100m to Stock Road.
- Building Area: 5,463sqm*.
- 86% leased to multiple tenants with approx. $505,000 pa gross income.
- Located 20km south of the Perth CBD and only 5km from the Fremantle Port.
- Centrally located with easy access to Leach Highway and South Street.
- Over 30,000 passing cars daily**
- Future redevelopment site with multiple use opportunities under the current Town Planning Scheme.
Zoning:
‘Commercial’ under LSP4 within the City of Fremantle, with multiple uses permitted within the local council.
Method of Sale:
23 Peel Road, O’Connor is being sold via an ‘Offers to Purchase’ campaign, closing Wednesday 4pm (AWST) 2nd April 2025.
For further information or to arrange an inspection please contact the exclusive agents below.
*Approx
** Main Roads
For further details, please contact the exclusive selling agents.
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