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161 Great Eastern Highway, Belmont, WA, 6104

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161 Great Eastern Highway, Belmont, WA, 6104

Belmont

161 Great Eastern Highway, Belmont, WA, 6104

161 Great Eastern Highway, Belmont, WA, 6104

Properties / Buy / Western Australia / Belmont
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Offers Invited
Land Area
3,430 m² (*approx)
Floor Area
1908 m² (*approx)
Property Type
Health/Medical, Offices, Land
Sub-type
Health Care & Medical, Consulting Rooms, Whole Building
Est. Income
$243,947 p/a
Zone
Mixed Business
Show All
Strategic City-Fringe Commercial Asset
  • Prime 3,430sqm* Site - Great Eastern Hwy
  • 1908sqm NLA + 54 car bays
  • Strong Rental Reversions

RWC WA is pleased to present for sale 161 Great Eastern Highway, Belmont - a high-exposure, income-producing commercial asset positioned within Perth's tightly held inner-east corridor.

The asset:

• 3-level office building | Recently refurbished

• 1,908sqm of NLA*

• 54 on-site car bays

Income:

• 2 current tenants (1x new 8 year lease signed, 1x expiry on Nov 2027)

• Net Income $173,712* p.a + GST

• Potential Fully Leased Market income $408,212*p.a + GST

Site highlights:

• 3,430 sqm land area

• Extensive highway frontage (~53.7 sqm to Great Eastern Hwy)

• High exposure to over 60,000 + vehicles per week.

• Only minutes to Perth CBD, Perth Airport, Tonkin Highway, and the Great Eastern Highway corridor

• CBD and River views

• Low-vacancy, high-demand precinct

Value Propositions:

1) Reversions

- Significant rental potential on 1x 526 sqm vacancy

- Reversion on 1x upcoming expiry

2) Owner Occupation

- Occupy the vacant tenancy (Top floor, Level 3, 526 sqm)

3) Redevelopment:

- Zoned 'Mixed Business'

- Broad range of future uses or redevelopment outcomes (STCA)

- Redevelopment/Refurbishment clauses in leases enable facilitating vacant possession

Offers Invited from $5,400,0000

This opportunity is ideal for investors, developers, and owner-occupiers alike.

Contact exclusive selling agents:

Brett Wilkins

0478 611 168

[email protected]

Luke Pavlos

0408 823 823

[email protected]

*approx

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

161 Great Eastern Highway Investment Summary

Property Type
Health/Medical, Offices, Land
Sub-type
Health Care & Medical, Consulting Rooms, Whole Building
Est. Income
$243,947 p/a
Number Of Tenants
3
Land Area
3,430 m² (*approx)
Floor Area
1908 m² (*approx)
Zone
Mixed Business
Selling Method
Sale by Negotiation
DATAROOM AVAILABLE
Gain Access
Selling Details
Offers Invited

Investment Highlights

Strategic City-Fringe Commercial Asset
  • Prime 3,430sqm* Site - Great Eastern Hwy
  • 1908sqm NLA + 54 car bays
  • Strong Rental Reversions

RWC WA is pleased to present for sale 161 Great Eastern Highway, Belmont - a high-exposure, income-producing commercial asset positioned within Perth's tightly held inner-east corridor.

The asset:

• 3-level office building | Recently refurbished

• 1,908sqm of NLA*

• 54 on-site car bays

Income:

• 2 current tenants (1x new 8 year lease signed, 1x expiry on Nov 2027)

• Net Income $173,712* p.a + GST

• Potential Fully Leased Market income $408,212*p.a + GST

Site highlights:

• 3,430 sqm land area

• Extensive highway frontage (~53.7 sqm to Great Eastern Hwy)

• High exposure to over 60,000 + vehicles per week.

• Only minutes to Perth CBD, Perth Airport, Tonkin Highway, and the Great Eastern Highway corridor

• CBD and River views

• Low-vacancy, high-demand precinct

Value Propositions:

1) Reversions

- Significant rental potential on 1x 526 sqm vacancy

- Reversion on 1x upcoming expiry

2) Owner Occupation

- Occupy the vacant tenancy (Top floor, Level 3, 526 sqm)

3) Redevelopment:

- Zoned 'Mixed Business'

- Broad range of future uses or redevelopment outcomes (STCA)

- Redevelopment/Refurbishment clauses in leases enable facilitating vacant possession

Offers Invited from $5,400,0000

This opportunity is ideal for investors, developers, and owner-occupiers alike.

Contact exclusive selling agents:

Brett Wilkins

0478 611 168

[email protected]

Luke Pavlos

0408 823 823

[email protected]

*approx

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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161 Great Eastern Highway, Belmont, WA, 6104

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Property Location of 161 Great Eastern Highway, Belmont, WA, 6104

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Belmont Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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