CBRE & Savills as joint agents are pleased to present for sale 60 Belmont Avenue, Rivervale by Private Treaty.
The property represents a significant landholding of some 13,936sqm* with substantial onsite improvements providing the ability to generate long term rental returns or redevelopment/ subdivision potential.
The site can be subdivided, providing areas from 6,000sqm*.
INVESTMENT HIGHLIGHTS
- Significant landholding of 13,936sqm* in a prime location, boasting a frontage to Belmont Avenue of approximately 95 metres
- Areas from 6,000sqm-13,936sqm* available
- Leased to Planet Building Products Pty Ltd until 30 November 2022 providing short term holding income
- Substantial improvements totaling 7,340sqm* with the ability to be owner occupied or generate rental income
- Zoned 'Mixed Business' under the City of Belmont's TPS 15, providing for a broad range of potential users or redevelopment options
For further details or to arrange an inspection please contact the exclusive selling agents.
*approx
