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:
• 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