Offices for Sale

161 Great Eastern Highway Belmont, WA 6104

Offers Invited

Building: 1,908m²
Land: 3,430m²

Contact the agent if you'd like further information.

Enquire with Agent

Offices for Sale in Belmont

Strategic City-Fringe Commercial Asset

Building: 1,908m²
Land: 3,430m²

Next Steps:

Enquire with agent

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
brett.wilkins@raywhite.com

Luke Pavlos
0408 823 823
luke.pavlos@raywhite.com

*approx

Building:

1,908m²

Land:

3,430m² / 0.85 acres

Zone:

Mixed Business

Tenancy:

Tenanted

Categories:

Offices, Medical/Consulting, Land/Development

Next Steps:

Enquire with agent

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply