161 Great Eastern Highway, Belmont WA 6104

Strategic City-Fringe Commercial Asset

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