Standalone Office with Great Eastern Highway Exposure
5 - 7 Belmont Avenue, Belmont WA 6104
$4,850,000 (Going Concern)
OfficeSize: n/a
Block size: 3237 m² approx.
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*
Projected Net Income $306,157pa as at 1 July 2024
* Conditions apply refer to Information Memorandum
Asking Price:
$4,850,000 (Going Concern)
For further information or to arrange an inspection, please contact the Selling Agents.
*Approx
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*
Projected Net Income $306,157pa as at 1 July 2024
* Conditions apply refer to Information Memorandum
Asking Price:
$4,850,000 (Going Concern)
For further information or to arrange an inspection, please contact the Selling Agents.
*Approx
Inspections
No open inspections scheduled.
Send an enquiry
Contact Brodie Keay to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
3237 m²*
Other Details
Lot:
48
Legal description:
D055425/48
Maps and area information
Block information
Block size: 3237m² (approx)
Legal description: D055425/48
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
37 years
Population
6,959
Listing ID: 182399989. This listing has been viewed 0 times. It was first displayed on 25/03/2024 and last updated on 25/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.