Burgess Rawson are pleased to present to the market For Sale, 5-7 Belmont Avenue, Belmont.
This freestanding office, in an outstanding high profile location, benefits from being superbly located and has recently been refurbished to a very high standard. It sits on a substantial freehold site with excellent exposure to Great Eastern Highway.
Location
The subject property allows easy access to all corridors of the Perth Metropolitan area due to its outstanding location next to a variety of major roads and highways including Tonkin Highway, Abernethy Road, Orrong Road, Leach Highway and Great Eastern Highway. The Perth CBD is only a 15 minute drive.
Improvements
The property comprises a two storey office building of approximately 1,196sqm*. The building has been substantially refurbished and presents excellently to a corporate standard. The site has ample parking at the rear of the building. There is also a substantial Telecommunications Tower that supports multiple carriers.
Tenants
Biosymm Pty Ltd
7 years commenced 6 May 2021, expiring 5 May 2028
Vodafone Network Pty Ltd
21 years, expiring 2045*
Optus Fixed Infrastructure Pty Ltd
20 years commenced 1 January 2023, expiring 31 December 2042*
Net Income $305,419.40pa as at 1 July 2024
* Conditions apply refer to Information Memorandum
Asking Price:
All Offers Considered 7% + Yield
For further information or to arrange an inspection, please contact the Selling Agents.
*Approx
This commercial property at 5 - 7 Belmont Avenue, Belmont is listed for sale by Brodie Keay at Burgess Rawson.
It has been described by the agent as ‘Standalone Office with Great Eastern Highway Exposure’.
If you would like to get in touch with Brodie Keay regarding 5 - 7 Belmont Avenue, Belmont, please call 0403 552 809 or contact the agent via email.