Issue 72 I The Property Development Review

WA Opportunities

THE PROPERTY DEVELOPMENT REVIEW

*outlines indicative only Major Investment Asset with Future Development Upside 342-344 Scarborough Beach Road,Osborne Park, WA 6017

Land area: 30,562 square metres

Major Development Opportunity of Scale

Building area: 15,784 square metres

Significant Passing Income

Expressions of Interest close 4pm (AWST) Thursday 4 June 2026 Contact Us Greg O’Meara Director | Industrial Agency +61 434 659 842 greg.omeara@cygnetwest.com Ian Mickle Partner | Head of Agency +61 434 659 800 ian.mickle@cygnetwest.com Whilst the planning framework is currently under review, the eastern end of Osborne Park is now very much in focus as a future mixed use destination. Buyers may seek to capitalise on the State Governments objective to activate key sites adjacent to Perth’s rail transport networks. This might include multi storey residential/ mixed use development, noting the site is located within 200 metres of the Glendalough Station. Otherwise, given its scale, longer term the site may be suitable for other commercial uses and potentially commercial redevelopment. With several long-standing tenants, the site provides passing income and presents as a strategic investment with enormous future development potential. Rarely does a landholding of this size become available in this tightly held commercial precinct. Historically, Osborne Park has been a key industrial precinct for Perth, with Scarborough Beach Road progressing to more commercial uses including large format retail and motor vehicle sales.

May /June 2026 – 105

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