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:
• Positioned on a high-exposure 3,430sqm site*
• 3-level office building
• 1,908sqm of NLA* supported by 54 on-site car bays
• Extensive Highway frontage with exposure to over 60,000 + vehicles per week.
• Net Income of $154,000* p.a + GST
• Potential Fully Let Market income: $420,000*p.a + GST
Key highlights:
• Leased Investment - 2 tenants, with short term leases providing flexibility for repositioning owner occupation or redevelopment
• Owner Occupations - up to 1500sqm approx*
• Redevelopment/Refurbishment clauses in leases enable facilitating vacant possession
• Significant rental reversion potential
• Zoned 'Mixed Business' - allowing for a broad range of future uses or redevelopment outcomes (STCA)
• Strategic Location - Just minutes to Perth CBD, Perth Airport, Tonkin Highway, and the Great Eastern Highway corridor
• Recently refurbished, yet primed for further value-add or owner occupation
• Situated in a low-vacancy, high-demand precinct
• CBD and River views
For Sale via Offers Invited from $5,300,0000
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
This commercial property at 161 Great Eastern Highway, Belmont is listed for sale by Luke Pavlos and Brett Wilkins at Ray White Commercial (WA).
It has been described by the agent as ‘Strategic City-Fringe Commercial Asset’.
If you would like to get in touch with Luke Pavlos or Brett Wilkins regarding 161 Great Eastern Highway, Belmont, please call Luke on 0408 823 823 or call Brett on 0478 611 168, or contact the agent via email.